KUALA LUMPUR: Standard & Poor's Ratings Services has cautioned that Vietnamese banks are facing heightened asset quality risk as companies find it difficult to repay loans in a slowing economy, with some segments faring worse than others.
It said on Tuesday that increasing bad debts could significantly undermine the resilience of Vietnam's banking sector.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
