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bad debt ratio
Update news related to bad debt ratio
North Asia Commercial Joint Stock Bank: Pre-tax profit of over 1,000 billion VND, bad debt ratio at low level
(Baonghean.vn) - BAC A BANK announced positive business results for 2023 with consolidated revenue continuing to grow, positive non-interest income and bad debt ratio maintained at the lowest level in the industry.
Economy
Credit growth in 2020 skyrocketed to 12.13%
This is the figure announced by Deputy Governor Dao Minh Tu at the recent conference summarizing VietinBank's 2020 business activities. Thus, in just the last 10 days of the year, outstanding credit in the entire economy increased sharply by nearly 2 percentage points.
Need to strengthen internal audit and supervision of people's credit fund activities
(Baonghean.vn) - That was the direction of the Standing Vice Chairman of the Provincial People's Committee Le Hong Vinh at the 2020 People's Credit Fund symposium organized by the State Bank of Vietnam, Nghe An branch on the afternoon of January 6 in Vinh city.
The bad debt ratio of the banking system has decreased to 6%.
According to the latest report of the Governor of the State Bank at the regular government meeting in February today (February 28), the bad debt ratio of the entire banking industry has now decreased from more than 8% to 6%.
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