Borrowing costs in Vietna

Go down

Re: Borrowing costs in Vietna

Post  ptl161 on 4th May 2011, 13:35

Rising inflation, if not managed properly, may become the fly in the ointment for Vietnam's banks. Recent inflationary pressures, in conjunction with several years of high loan growth and rising borrowing costs, are threatening to undermine the credit quality of the country's banking industry. Although the banks were shielded from the banking crisis in advanced economies, Standard & Poor's Ratings Services believes that a combination of these three factors might result in a rapid deterioration in asset quality, if not properly managed. As mentioned in our reports on the three Vietnamese banks we rate-- Bank for Foreign Trade of Vietnam (Vietcombank; BB-/Negative/B), Bank for Investment and Development of Vietnam (BIDV; BB-/Negative/B), Vietnam Technological And Commercial Joint Stock Bank (BB-/Negative/B)--our ratings have factored in these and other heightened credit risks that could hurt asset quality.

solar installers yorkshire
local online marketing

No rank
No rank

Number of posts : 3
Registration date : 2011-05-04

View user profile

Back to top Go down

Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum