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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As a circular on debt rescheduling for clients affected by the pandemic has expired, banks will face increased debt restructuring.
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.