Vietnam Banks Bad Loans Rising Along With Rates, Moody’s Says
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The value of bad loans at Vietnamese banks may increase as borrowers’ cash flows weaken because of higher interest rates, Moody’s Investors Service said today.
Vietnamese banks for which information was available from annual reports in English booked a higher value of non-performing loans as of the end of 2010 compared with a year earlier, Moody’s said in a note today.