Bad debt management at Lao People's Democratic Republic Commercial Bank 1669778721 - 30

Opinion

DTPV1

Level of compliance with policies, procedures, and practices of bank staff at each position (good/not good/other opinions)?

Are the professional qualifications and skills of bank staff uniform?

Professional ethics of bank staff (good/bad/other opinions)?

DTPV2

­

Level of compliance with policies, procedures, and practices of bank staff at each position (good/not good/other opinions)?

­

Are the professional qualifications and skills of bank staff uniform?

­

Professional ethics of bank staff (good/bad/other opinions)?

­

What level of legal knowledge does the QLNX human resources have?

DTPV3

­

Level of compliance with policies, procedures, and practices of bank staff at each position (good/not good/other opinions)?

­

Are the professional qualifications and skills of bank staff uniform?

­

Professional ethics of bank staff (good/bad/other opinions)?

­

What level of legal knowledge does the QLNX human resources have?

DTPV4

­

Level of compliance with policies, procedures, and practices of bank staff at each position (good/not good/other opinions)?

­

Are the professional qualifications and skills of bank staff uniform?

­

Professional ethics of bank staff (good/bad/other opinions)?

­

What level of legal knowledge does the QLNX human resources have?

Solution

DTPV1

There needs to be consistency in all processes and accountability of each staff member.

Convert debt into equity

Sell ​​debt to VAMC

DTPV2

There is a need to further reform the court settlement process and enforcement of judgments at all levels because it is currently very time-consuming.

Do a good job of appraisal before lending. Resolutely handle potentially risky debts. Coordinate smoothly between departments from Head Office and Branches.

There is a need for further specialization in bad debt management and prevention.

DTPV3

Specialization is required combined with more specialized management software.

There are many more early warning programs.

Each bad debt needs to establish a specialized debt handling team to report weekly implementation status and make recommendations.

timely solution when stuck.

Strengthening bad debt management according to international practices.

The bank that sells debt to VAMC must be responsible for the special bonds sold to VAMC later. Actively use the early warning system for bank credit risks.

In the future, Vietinbank needs to have the most advanced bad debt management process in the Vietnamese commercial banking system.

2016

2017

2018

2019

2020

Outstanding debt

Proportion

Credit balance

Proportion

Credit balance

Residual proportion

Credit balance

Proportion

Credit balance

Proportion

1

2,579

1.20

3,673

2.80

3,788

2.30

5,298

2.60

5,070

2.10

2

2,299

1.10

3,088

2.30

3,681

2.20

3.133

1.50

3.159

1.30

3

1,873

0.90

3.008

2.30

3,242

2.00

2,566

1.30

2,869

1.20

4

1,260

0.60

2,000

1.50

2,348

1.40

2,367

1.20

2,768

1.20

5

1,213

0.60

1,603

1.20

2,000

1.20

2,000

1.00

2,217

0.90

6

1.107

0.50

1,085

0.80

1,500

0.90

1,658

0.80

1,288

0.50

7

1,100

0.50

1,067

0.80

1,493

0.90

1,500

0.70

1,217

0.50

8

888

0.40

1,005

0.80

1,424

0.90

1,466

0.70

1,133

0.50

9

848

0.40

903

0.70

966

0.60

1,322

0.60

1.123

0.50

10

728

0.30

724

0.50

913

0.60

1,261

0.60

914

0.40

Total

13,895

6.50

18,156

13.70

21,355

13.00

22,571

11.00

21,858

9.10