The goal of putting the bad debt ratio less than 3% by the end of 2015- Is it feasible?

Abstract

Striving to put the bad debt ratio less than 3% by the end of 2015 is one of the important objectives of the proposal to restructure the banking system phase 1. This is a necessary goal, not only for the treatment of performing loans of the banking sector, but also very important for the economy, in the plan of socio-economic development in 2015 which was approved by National Assembly. Bad debts under control to help unfreeze the credit flow better, while contributing to sustainable development system commercial banks of Vietnam.