The draft circular seeks to revise the SBV’s regulations from 2013 stating that VAMC can sell collateral of a NPL higher or lower than the principal balance of the NPL. — Vietnam News
HANOI: The State Bank of Vietnam (SBV) says it is collecting public comments on a draft circular regulating the trading of non-performing loans (NPLs) and operations of the SBV’s Vietnam Asset Management Co (VAMC).
The draft circular issued last week, seeks to revise the SBV’s regulations from 2013 stating that VAMC can sell collateral of a NPL higher or lower than the principal balance of the NPL.
