Bad debts at Vietnam’s banks rise 26% to nearly $5 billion
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.
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.
The State would continue holding no less than 65% charter capital in State-owned banks, according to the latest Government Decision on State ownership in enterprises.
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