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.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!