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Tag
collateral
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VietinBank to auction collateral McLaren starting at $1.1M
VietinBank is set to auction a two-seater 2021 McLaren 765LT Coupe seized in October starting at VND27.5 billion (US$1.13 million).
Bank slashes prices by half for Hanoi Old Quarter shophouses
Agribank is auctioning off shophouses in Hanoi’s Old Quarter at prices halved from a year ago to cover unpaid loans, but is still struggling to find buyers.
VietinBank to sell 358 properties to collect debts
State-owned VietinBank is selling 358 foreclosed properties pledged by loan borrowers, including four- and five-star hotels, worth a total of VND8 trillion (US$337.69 million) to realize their debts.
July 3, 2023 | 08:27 pm PT
Lender NCB wants to sell 11% stake in Bamboo Airways pledged as collateral
National Citizen Commercial Bank plans to seek shareholders’ permission this month to sell 203 million shares, equivalent to a 11% stake, of Bamboo Airways.
May 5, 2023 | 10:14 pm PT
Banks seek to liquidate collateral
Banks are quickly putting up borrowers’ loan collateral like land, factories, machinery, and cars for sale after Tet, the nine-day Lunar New Year festival ending Feb. 6.
February 8, 2022 | 06:38 pm PT
Credit institutions struggle to sell high-priced collateral
Credit institutions have been struggling to find buyers for their high priced collateral properties because market demand is low.
May 13, 2021 | 05:03 pm PT
For small enterprises, transparency holds key to access to funds
Information transparency is one of the key factors that enable small businesses to borrow from credit institutions, according to economists.
December 24, 2018 | 02:00 am PT
Banks recover bad debts as collateral liquidation simplified
Banks are selling hundreds of millions of US dollars worth of collaterals to recover debts.
September 21, 2018 | 12:20 am PT
VCCI’s 3 solutions to resolve businesses’ credit crunch
A recent survey found that 217 out of 504 questioned businesses in various sectors could not get bank loans for lack of collateral.
September 3, 2018 | 07:44 pm PT