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Banking sector set to keep bad debt below 3 pct
The banking sector has set the goal to keep bad debt ratio at a safe level of below three percent.
Photo: VNA Bad debt expected to stay below 3 percent in 2020
The economic restructuring plan for 2016-2020 period sets a target to curb bad debt at below 3 percent in 2020.
Photo: VNA Related News
Banking sector to support firms
The banking sector will apply comprehensive monetary policies and banking operations to improve credit access, focusing on enhancing national credit ratings, according to the State Bank of Vietnam.
Settlement of banks’ bad debts faces hurdles
Though the bad debt ratio of the banking system has been reported to drop to below 3 percent of its outstanding loans, how to deal with the amount of bad debt is still a troublesome job.
Banks' bad debts remain below Government's 3 percent target
Non-performing loans (NPLs) as of the end of May accounted for 2.78 percent of the entire banking system’s total outstanding loans.
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