Central bank makes surprise checks to ensure lenders comply with bond purchase regulations
The State Bank of Vietnam has conducted surprise checks on 11 banks and fined some or all of them for violations of corporate bond investment regulations.
The State Bank of Vietnam has conducted surprise checks on 11 banks and fined some or all of them for violations of corporate bond investment regulations.
As of third quarter 2021, bad debt of 27 commercial banks reached VND111 trillion ($4.9 billion), up 26% compared to the beginning of the year, according to the State Bank of Vietnam.
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