Bad Debts on the Rise: Banks to Be Blamed

Bad debts in Vietnam’s banking sector rose to VND75 trillion or 3.04% of the total outstanding loans as of June, 2011, up 50% YoY. Banks are liable to the rise as they set high lending rates and exposed much in real estate loans. Bad debts in Vietnam’s banking sector rose to VND75 trillion or 3.04% [...]

Oct 2 2011 | Posted in Banking-Finance | Read More »

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