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Lender NCB wants to sell 11% stake in Bamboo Airways pledged as collateral

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.

Banks seek to liquidate collateral

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.

Credit institutions struggle to sell high-priced collateral

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

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 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

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

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