Loopholes continue to play part in rising NPL ratios
Finance leaders have highlighted the urgency for a stronger legal system to tackle rising non-performing loans and address debt collection hurdles.
Source: vir.com.vn
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Calls for legal framework on consumer credit
HANOI: It is critical to develop a proper legal framework for consumer credit to protect the legitimate rights of both borrowers and lenders.
Source: thestar.com.my
Debt evasion headache for financial firms - VnExpress International
Rising bad debt from “disappearing” borrowers and the shutting down of unauthorized debt collecting agencies are damaging the reputation of legal financial companies and threatening to hurt their performance. - VnExpress International
Source: vnexpress.net