Of which, substandard debts increased 5.6 times to VNĐ2.14 trillion and doubtful debts also increased nearly 2.5 times to nearly VNĐ1.13 trillion. When the circular expires on June 30 next year, the actual number of bad debts must be higher. Banking expert Dr. Cấn Văn Lực said the increase in bad debt is a common trend of the world in the current difficult context. Though bad debts increase compared to 2022, it is still under control. In order to reduce the burden of rising bad debts in the future, banks are still actively setting up provisions for higher risk cases.
