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January 06, 2022 | 15:21

Bad debts may rise during 2022

The debt restructuring period will only last until June 30, after which the actual bad debts of banks will be revealed and may increase sharply. The State Bank of Vietnam (SBV) is currently developing a legal framework on asset quality and bad debt handling in order to tighten asset quality management at banks and speed up the bad debt settlement process.

Bad debts may rise during 2022
Photo: Illustration

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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