March 6, 2020 / 8:45 AM / a month ago

Coronavirus adds to Vietnam banks' bad debt pile - government

HANOI, March 6 (Reuters) - Several banks in Vietnam have seen their bad debt ratios rise as their clients face liquidity issues due to the coronavirus epidemic, the Vietnamese government said on Friday.

In a news release, the government said 23 local credit institutes had reported combined loans worth 926 trillion dong - or 14.27% of their total lending - had been “affected by the COVID-19 outbreak”. (Reporting by Khanh Vu; editing by John Stonestreet)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below