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Banks warned of risks of accepting land as collateral
Vietnamnet global

Banks warned of risks of accepting land as collateral

The State Bank of Vietnam (SBV) has warned commercial banks of the risks associated with accepting land-use rights certificates as collateral for loans.

 

VN banks sell off collateral on bad loans to recoup losses
Vietnamnet global

VN banks sell off collateral on bad loans to recoup losses

A number of commercial banks in Vietnam have successfully recovered trillions of Vietnamese dong in bad debt by selling off collateral in the first half of 2019, according to the Nguoi Lao Dong Online website.