April 22, 2024 news

Vietnam’s bank debt restructuring circular extended

The State Bank of Vietnam–the SBV–has extended the duration of Circular 02/2023/TT-NHNN which gives banks the ability to restructure a customer’s debts without reclassifying the risk level of said debt, The Saigon Times is reporting. This circular was first introduced last year to battle blowouts of debt that came about

Read More »
Create your listing