Circular regulating lending in foreign currency to resident borrowers in Vietnam
11-12-2013 // 4,761 view(s)
State Bank of Vietnam has issued Circular No.29/2013/TT-NHNN dated 06 Dec 2013 regulating lending in foreign currency by credit institutions and foreign bank branches to borrowers being residents
19-11-2013 // 7,782 view(s)
Official Dispatch No.8440/NHNN-TTGSNH dated 12 Nov 2013 guides that credit institutions do not lend borrowers for purchase/transfer of shares from the shareholders of other credit institutions mortgaged by the shares bought/transferred.
Bad debt ratio over 3% must sell the bad debts to AMC
12-09-2013 // 4,690 view(s)
Vietnamese credit institutions have Bad debt ratio over 3% must sell their bad debts to Asset Management Corporate.