Indovina Bank Ltd.
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STATE BANK PUBLISH BANKS’ BAD DEBTS

 

20111121

State Bank has issued Circular No.35 which would be published important indicators of each commercial bank include: CAR, the ratio of bad debts, specific outstanding, ROA and ROE.

Under the provisions of the new circular, the central bank will initiative inform to people about changes in monetary and banking situation; legal documents on monetary and banking policies and executive decisions of central bank governor on monetary and banking; the information on the establishment, purchase, sale, division, separation, consolidation, merger, bankruptcy, dissolution, revoke licenses, approve and expand administrative sanctions for credit institutions. Particularly, the disclosure of information about the special control for the credit institution will be guided by the central bank in a circular on special control.


Another important point is that with 5/12 core indicators of healthy financial indicators in each country by IMF standards will also be announced by the central bank include: minimum CAR, ratio of bad debts on total outstanding debt, outstanding of each field on total outstanding, ROA  and ROE of Vietnam banking system.

 

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