Bad bank debts are being exposed one by one.
For the third quarter of 2023, certain commercial banks reported low bad debt ratios in their financial reports. Meanwhile, State Bank of Vietnam (SBV) statistics shows that the overall bad debt ratio is rising dramatically. Bad debt reduction efforts, according to these critics, are and will continue to encounter formidable obstacles so long as enterprises must contend with an unfriendly business climate and numerous dangers stemming from global geopolitical upheavals. Since many companies have been given extensions and have not yet changed debt groups in accordance with Circular 02/2023/TT-NHNN Illustration photo: Tien Giang, it is possible that the bad debt ratio of banks is much greater than the reported amount. Since many companies have been given extensions and have not yet changed debt groups in accordance with Circular 02/2023/TT-NHNN Illustration photo: Tien Giang, it is possible that the bad debt ratio of banks is much greater than the reported amount. Bac Profit after tax fo...