Banks moving to restructure bad debts
As a circular on debt rescheduling for clients affected by the pandemic has expired, banks will face increased debt restructuring.
Source: vir.com.vn
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Extension of circular on debt rescheduling unneccessary: insiders
The expiration of Circular 14 on debt rescheduling and interest rates reduction in late June is likely to expose banks to higher levels of non-performing loans (NPLs), yet insiders say it is unnecessary to extend it.
Source: vietnamnet.vn