Banks raising capital to ‘tackle higher loan impairments’: Yap
Credit growth reached 8.54 percent as of July 29 against the end of 2015
It reportedly got the loan in 2010-11 to buy buses and invest in real estate projects.
Government wants banks to speed up lending to spur growth
But remain below 3 per cent threshold set by central bank
Thien Ma Seafood Company's director and chief accountant accused also of cooking books to keep company afloat
The central bank forecasts loan growth will reach a six-year high of 18-20 percent this year
Trade deals credited with boosting 2015 growth
The bank posted a 13 percent increase in net profit for the first nine months
Vietnam’s 2015 credit growth is forecast at 17 percent, the highest since 2011
A healthier economy, a property market rebound and stricter lending have meant fewer loan defaults
The three banks, caught in financial problems, were acquired at zero cost between March and July
Military Bank, Vietnam's sixth biggest bank by market value, has cut bad debt to 1.8 percent of total...
Regulatory problems have hampered the sale of billions of dollars in soured loans at banks and state companies
The risk in China is a legacy of a record 17.6 trillion-yuan ($2.8 trillion) lending boom unleashed...