
KienlongBank Explains Unclarified VND 343 Billion Receivables
KienlongBank has explained an unclarified receivables balance of VND 343 billion (approx. $13.5 million) flagged by auditors. The bank stated it is currently reconciling this amount with relevant parties. The audit report expressed a qualified opinion due to insufficient evidence to assess the outcome of the reconciliation and the need for provisioning.
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