Governor "threat" bank loans exceeded equity

► "There was a problem occurs, turn the records told the State Bank to the liver, dare loans exceeding 70%, who settle here?" ...

For the proposed loan customers, customer groups exceeded 15% and 25% equity of the bank, the Governor said that last time, the subsidiaries of the State Bank has actively considered, but because it is prescribed by law, should have government permission. 


"Not to exceed it sure is making it difficult, it is to the credit growth while corporations need capital not to exceed. But this morning, a problem occurs, turn the records told the State Bank to the liver, dare loans exceeding 70%, who settle here? Find a credit expansion but not lowering standards ", the State Bank Governor Nguyen Van Binh stressed at the preliminary activities of commercial banks held on the South 19/6.

In two preliminary conference banking activities 6 months in Hanoi (18/6) and HCMC (19/6), there are many obstacles to be represented banks offer. The Governor has direct answer, promise timely solutions to each problem the whole industry "finishing" credit growth target of 12% for the year.

First, for the proposed loan customers, customer groups exceeded 15% and 25% equity of the bank, the Governor said that last time, the subsidiaries of the State Bank has actively considered consideration, but because it is prescribed by law, should have government permission. In fact, the State Bank has submitted to the lender some cases exceed the limit of 15% and 25%, but still have to wait, and the commercial banks can not rely on it. Because, when such rules, the Government has foreseen the disastrous consequences beyond equity loans.

Accordingly, the State Bank continues to coordinate with the banks consider the same case in the direction of removing difficulties for the economy in the current period, for the bank to retain customers as well as the growth domestic credit, avoid companies to go overseas borrowing unnecessary.

However, the Governor also noted the case of exceed 15% to 20% are easy to handle, but there are also cases exceeds 70%, this makes management agencies are insecure.

Second, the problem of NPLs, the calculation of the State Bank is expected to handle large number of bad loans this year. Plus the government payment arrears basic building about 30 trillion VAMC handle 50 trillion, in conjunction with the restructuring of the debt, bad debt will be handling substantial numbers .

However, the head of the banking sector also recommends: "For enterprises using capital purposes, but not due to reasonable capital structure, difficult market conditions, or previously used short-term capital investment long term, these cases deserve to restructure. In contrast, the use of corporate funds for improper purposes can not be restructuring their debt. "

Third, in some cases to increase the "room" credit exceeds 12%, the State Bank has a policy but allows units to improve the quality of credit to meet the safety ratio prescribed, the State Bank shall consider and settle the case.

Fourth, the problem of handling security assets, the restructuring scheme banking system, the State Bank has asked the Ministry of Justice, the Court, the Ministry of Public Security to coordinate the disassembly. However, these problems are more related to the industry should take time to process.

At the preliminary meeting on 19/6, CEO of Citibank Vietnam Brett Krause commented: "This past year, the market recognized the success of the State Bank to curb inflation, market management gold as well as providing clear solutions to solve it bad, especially the announcement and the actual debt management company established national bad debt ".

He also said that anti-dollarization policy, yellowing succeeded. Instead of running the troubleshooting of the market, the State Bank has become the leader of the game, broadcast the message needed to look at the market to act.

At this point, CEO of HSBC Vietnam Sumit Dutta said: "The rate control acquired positive results, as in the past two years, the exchange rate in Vietnam is regarded as the most stable world. Confidence in the dong has improved markedly, we found significantly tend to have a significant shift from saving dollars, gold to dong ".

According to him, the interest rates tend to decline from quarter 2/2012 and continued to decline in the first half of 2013. Lending rates also tended to decrease, this represents weak domestic demand and the bank's efforts to reduce the cost of borrowing for businesses of any size to the economy.

According to his analysis Truong Van Phuoc, general director of Eximbank, if a year ago, the interest rate for loans at 18-20% / year by 2011, this is the average interest rate was reduced to 10%. As in Eximbank, on average, only 11.02% interest / year and many credit institutions too. Thus, the debt of commercial banks also decreased. Executive low interest rates are a huge success thanks to the contribution of monetary policy.

"In any economy that, low inflation and stable exchange rate controls in the two leading underlying index. In fact, the exchange rate from the beginning of this year has ranged only 0.9% in the allowed range + / -2% that the State Bank has launched early, "he said Phuoc.