State Bank of Vietnam (SBV)
Vietnam's bad and overdue debts 11.7% of loans
Vietnam's "bad, overdue and uncollectible debts," now total 11.7% of the country's total outstanding loans, central bank governor Le Duc Thuy said Wednesday.
Vietnam clarifies rules on loan loss provisions
Vietnam's central bank has issued a regulation clarifying how commercial banks must calculate and put aside their loan loss provisions, a central bank official said Wednesday.
Vietnam central bank agrees on bank merging plan
Vietnam's central bank has agreed in principle to the merger of two commercial banks but a final decision will be announced after merging procedures are completed, a bank official said on Friday.