VietNamNet Bridge – Profits from lending still make up a large proportion of banks’ total profits, but bad debt remains a problem.

Under a plan on applying Basel II standards on a trial basis, 10 commercial banks, namely BIDV, VietinBank, Vietcombank, Techcombank, ACB, VP Bank, MB, Maritime Bank, Sacombank and VIB, will finish the trial period in 2018.

Dau Tu Chung Khoan quoted Le Quang Hai, consultancy director of KTC Auditing, as commenting that the banks’ major income is still from lending.

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