Bad debt is the real estate ... beauty
Post time: 15/07/2013
Outstanding loans and real estate NPLs of the fact that how much of the total outstanding loans of the whole banking system, which will be a mystery.
Many items in nature are not credit institutions credit properly and fully accounted making loans and real estate NPLs substantially higher than the reported figure.
Lower profit, higher bad debt
A series of remarkable assessment of business performance is low, access to loans and bad debt problems rise of businesses (enterprises) in the financial sector has been Financial Supervisory Commission International Date (GSTCQG Commission) announced last week in a detailed monitoring report. Survey results of 560 listed firms that committee, making a net profit on equity (ROE) was at its lowest level in the last 5 years, only 11.8% in 2012 compared with 14.5% in 2008. In this group, the rate of decline in profitability is strong and the biggest drop in the construction sector - construction (1%), cement (4%), agriculture and forestry - fishery (4%), transportation - warehousing ( 5.5%) and real estate 7%).
Notably, the industries with low profitability performance and the financial situation is also bad sectors with the highest proportion of bad debt in the system of credit institutions use (CIs). NPL figures of 6 branches in the area committee to 30.4 last update showed that processing industries - fabricated with the highest NPL ratio up to 21.15%, while the lowest in the sector download - warehousing and approximately 9.5%. "NPL ratio of 6 sectors 2-5 times higher than the average NPL ratio as reported by the credit" - comments GSTCQG Commission.
Worrying developments except transportation - warehousing dumps NPL ratio decreased, the remaining industries such as construction, real estate or are processed NPL ratio increased or even decreased slightly in recent times. The number of concerns that, while the balance of the 6 sectors accounted for 30.4 to 66.69% of total outstanding loans of the banks, bad debts accounted for 81.53% of total system loans. Despite that, the proportion of 6 sector credit fell 1.1 percentage points compared to the total loans of the banks in the first 4 months of 2013.
Indeed tragic
figure NPL But this is not necessarily the exact numbers and reflect reality. For private real estate market, the Commission said GSTCQG frankly, bad debt developments of this sector do not properly reflect the volatility of the real estate market. Until the end of April, the ratio of real estate loans in the group with the highest number of 11.4%. Goes back to 2012, the sector's NPL ratio rose 1.2 percentage points compared with the same period in 2011, at 4.7%, but it decreased significantly compared with 6.2 point 30.6.2012 %. Looking at the reality of the market volatility and market context prolonged freezing, the committee recognized, real estate loans can be higher. "Cause the mode of accounting reports and financial institutions is inadequate, in addition the data are affected by the decision of SB 780 (on loan classification is adjusted for debt repayment period, in term debt) "- Commission GSTCQG analysis.
Notably, the industries with low profitability performance and the financial situation is also bad sectors with the highest proportion of bad debt in the system of credit institutions use (CIs). NPL figures of 6 branches in the area committee to 30.4 last update showed that processing industries - fabricated with the highest NPL ratio up to 21.15%, while the lowest in the sector download - warehousing and approximately 9.5%. "NPL ratio of 6 sectors 2-5 times higher than the average NPL ratio as reported by the credit" - comments GSTCQG Commission.
Worrying developments except transportation - warehousing dumps NPL ratio decreased, the remaining industries such as construction, real estate or are processed NPL ratio increased or even decreased slightly in recent times. The number of concerns that, while the balance of the 6 sectors accounted for 30.4 to 66.69% of total outstanding loans of the banks, bad debts accounted for 81.53% of total system loans. Despite that, the proportion of 6 sector credit fell 1.1 percentage points compared to the total loans of the banks in the first 4 months of 2013.
Indeed tragic
figure NPL But this is not necessarily the exact numbers and reflect reality. For private real estate market, the Commission said GSTCQG frankly, bad debt developments of this sector do not properly reflect the volatility of the real estate market. Until the end of April, the ratio of real estate loans in the group with the highest number of 11.4%. Goes back to 2012, the sector's NPL ratio rose 1.2 percentage points compared with the same period in 2011, at 4.7%, but it decreased significantly compared with 6.2 point 30.6.2012 %. Looking at the reality of the market volatility and market context prolonged freezing, the committee recognized, real estate loans can be higher. "Cause the mode of accounting reports and financial institutions is inadequate, in addition the data are affected by the decision of SB 780 (on loan classification is adjusted for debt repayment period, in term debt) "- Commission GSTCQG analysis.
Indeed, in the period 2010-2012, especially in 2010 and 2011, many items of nature is not the banks credit properly and fully accounted for. It is also possible that the credits as risky real estate loans and securities but is recorded in the form of corporate bonds, investment trusts or accounts receivable. To prove this claim, the Commission conducted GSTCQG evaluation methods applied to these items since 2011 until now. As a result, debt and real estate NPLs substantially higher than reported by the banks. In particular, bad debts accounted for 33-35% of real estate debt revaluation. Outstanding loans and real estate NPLs of the fact that how much of the total outstanding loans of the whole banking system, which would be a unknowns. Just know that, through the calculation of financial supervisory agencies, bad debt figures published seems to have beauty than reality. The story is, if you do not understand the real numbers, bad debt settlement process will be effective anywhere?
According: homedirect.com.vn
Related News
15/07/2013 16:58
Deadlock office
Deadlock officeOffice leasing segment is much hidden risk in the real estate market. Plentiful supply but few tenants are constantly causing vacancy rates...
11/06/2013 13:32
Phân khúc nhà chung cư mini, cầu giảm mạnh
Phân khúc nhà chung cư mini, cầu giảm mạnhXuất hiện trên thị trường bất động sản Hà Nội từ năm 2005, năm 2007 - 2008, chung cư mini đã tạo...
17/05/2013 11:38
Giá cả nhiều dự án trở về giá "gốc"
Giá cả nhiều dự án trở về giá "gốc"Thị trường bất động sản trước nay luôn tồn tại hai mức giá bán khác nhau là giá...
17/05/2013 09:39
Tiền có chảy vào bất động sản?
Tiền có chảy vào bất động sản?Những tín hiệu lạc quan từ chính sách phần nào góp phần ổn định tâm lý cho...
.png)
DIANAM TRADING JOINT STOCK COMPANY
Hanoi: no 22D Giang Vo | Cat Linh | Dong Da | Hanoi
Tel: (+84) 4 3787 8822 - Fax: (+84) 4 3787 8282
Email: info@dianam.vn - sanbds@dianam.vn
Number of Certificate of business registration: 0101592377 by Department of Planning and Investment in Hanoi.
Hanoi: no 22D Giang Vo | Cat Linh | Dong Da | Hanoi
Tel: (+84) 4 3787 8822 - Fax: (+84) 4 3787 8282
Email: info@dianam.vn - sanbds@dianam.vn
Number of Certificate of business registration: 0101592377 by Department of Planning and Investment in Hanoi.
Copyright by Dianam Trading Joint Stock Company © 2013
Requirements write "batdongsan.dianam.vn" when publishing news from this site.
Requirements write "batdongsan.dianam.vn" when publishing news from this site.
Thiết kế website bởi Web123.vn
