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Tag Archives: Real estate

Real estate collateral at 10 banks worth $170 billion

Sacombank plans to put 11 properties related to non-performing loans and collateral of its borrowers on auction this Saturday.

Real estate collateral in 10 of Viet Nam’s commercial banks is worth more than VND4 quadrillion (US$170.2 billion), accounting for 56 per cent of the banks’ total collateral. The ratio at some banks, such as Sacombank, ACB and Eximbank, is even higher at more than 70 per cent of the …

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