Handling bad debt
Deputy Prime Minister talks about implementing restructuring of SCB Bank
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The Deputy Prime Minister said that in the past, credit institutions have been restructured very strongly, and SCB Bank is being restructured.
Clarifying the Commune People's Committee's participation in confiscating collateral when handling bad debts
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The Law on Credit Institutions (amended) stipulates that the People's Committee of the commune where the collateral is seized participates in witnessing and signing a record of the collateral seizure.
It is necessary to soon legalize the handling of bad debts after Resolution 42 has expired
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HCMC - Resolution 42 on bad debt handling has expired, causing difficulties for credit institutions, experts recommend early legalization to stabilize the financial market.
Resolution 42 expires, banks face difficulties in handling bad debts
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The expiration of Resolution 42 has created many problems in handling bad debts, causing the time to recover assets to be extended, and the number of lawsuits increased due to customer cooperation.
