Saigon Thuong Tin Commercial Joint Stock Bank faced persistent issues with bad debts in 2024.

Share this on: Hanoi, Apr 25 2025 - 01:51 PM

Saigon Thuong Tin Commercial Joint Stock Bank faced persistent issues with bad debts in 2024. The bank struggled to resolve debts related to a former major shareholder, despite many recovery efforts. By the end of 2024, a large amount of debt remained unresolved, and the handling plan had not yet been approved. The bad debts continued to pressure the bank’s financial health and required further measures in 2025.


Saigon Thuong Tin Commercial Joint Stock Bank faced persistent issues with bad debts in 2024. The bank struggled to resolve debts related to a former major shareholder, despite many recovery efforts. By the end of 2024, a large amount of debt remained unresolved, and the handling plan had not yet been approved. The bad debts continued to pressure the bank’s financial health and required further measures in 2025.



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