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bad bank debt
Updated news related to bad bank debt
Solving the problem for 'ship 67' - Last article: Need a common voice to find a solution soon
(Baonghean.vn) - The current situation of ship owners building under Decree 67/2014/ND-CP with increasing bank loans has caused some ships to be seized and auctioned. The State and relevant agencies need to find a solution to resolve the "67 ship" situation. This is truly the ultimate wish of many ship owners today, in order to develop the people's fishing industry sustainably.
Economy
Government discusses institutional breakthrough to handle weak banks
Prime Minister Nguyen Xuan Phuc said that perfecting regulations and developing separate laws on restructuring credit institutions and handling bad debts is very necessary and urgent.
Half a million billion dong of bad debt 'cleared' in 4 years
Nearly half of the VND500 trillion of bad debt resolved since 2012 has been through debt sales, while the amount cleared through collateral handling is less than 1%.
Prime Minister: 'Bad bank debt will return to normal level next year'
For the third time this year in a direct dialogue with the business community, the head of the Government affirmed that reducing the bad debt ratio to 3% next year is completely feasible.
Bad bank debt can be up to 10%
Experts say that the bad debt of the entire system in the second quarter will not stop at the rate of 8.6% as announced by the State Bank as of March 31, mainly due to economic difficulties and businesses not being able to repay bank loans.
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