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Tag: Nonperforming loans

2 articles

Sacombank’s Planned Disposal of 32.5% Stake Faces Uncertain Recovery

Sacombank says the State Bank of Vietnam has resumed discussions on disposing of a 32.5% stake linked to Trầm Bê and former shareholders. The shares secure legacy debt. Securities firms estimate that recoveries could reach tens of trillions of Vietnamese dong, but the sale price, disposal method and timing of profit recognition remain uncertain.

Finance

Sacombank Says Central Bank Has Resumed Talks on 32.5% Stake

Sacombank says the State Bank of Vietnam has resumed talks on how to handle the 32.5% stake linked to Trầm Bê. The plan still awaits regulatory approval. Sacombank’s credit growth accelerated in the third quarter of 2026, but its nonperforming loan ratio reached 5.99%, while provisioning needs and pressure on its net interest margin leave the timing of a profit recovery uncertain.

Finance