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banking news

Update news banking news

Banks ramp up sale of real estate collateral to recover bad debts
Vietnamnet global

Banks ramp up sale of real estate collateral to recover bad debts

Many banks have recently rushed to put up real estate collateral for sale to recover bad debts, but they are finding it difficult to sell the assets despite reducing prices.

Credit growth target is within reach to contribute to boosting economic growth
Vietnamnet global

Credit growth target is within reach to contribute to boosting economic growth

Expanding investments to drive economic growth is a priority in achieving the target of 15% set for this year, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Bad debts kept rising in five months
Vietnamnet global

Bad debts kept rising in five months

Bad debts in the banking system in the first five months of 2024 continued to increase by some 75.9 trillion VND (3 billion USD) against the end of 2023.