Update news bad debts
Small banks, which are the subjects to the compulsory restructuring in 2012, have geared up for their restructuring plans, when 2012 would finish in a couple of weeks.
VietNamNet Bridge – The recent moves by commercial banks of lending more capital to estate projects have brought high hopes to investors. However, analysts say the “exit door” remains too narrow for them.
Not only commercial banks, but some enterprises have also set up the divisions in charge of collecting debts.
VietNamNet Bridge – Ailing and merged banks are looking for strategic shareholders to help them restructure and deal with bad debts.