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Friday, July 21, 2006

Debt Collections - Commercial banks need US$1bil to settle bad debt


Commercial banks need US$1bil to settle bad debt
VietNamNet Bridge, Vietnam - Jun 25, 2006VietNamNet Vietnam needs between US$1-1.5bil to settle bad debt among state owned commercial banks, with state credit institutions owing 3% of the total ...

Keeping track of the debt mountain
The Sunday Times, UK - Jul 8, 2006IRISH credit unions, 26 of which were contacted by the financial regulator recently for their high level of bad debt, obtained court judgments against loan ...

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