(ĐN)- Bad debts and overdue debts at credit organizations in Dong Nai estimated at more than VND3.27 trillion as of May, accounting for 6.2 percent of total loans, according to Dong Nai Branch of State Bank.
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(ĐN)- Bad debts and overdue debts at credit organizations in Dong Nai estimated at more than VND3.27 trillion as of May, accounting for 6.2 percent of total loans, according to Dong Nai Branch of State Bank.
The figure saw a decrease of 0.49 percent compared to late last year.
The branch reports that the fifth-group debts, seen as the worst non-performing loans, stood at approximately VND700 billion, making up 1.12 of total loans, up 0.05% against early this year.
As of end-May, non-production loans of Dong Nai-based commercial banks were estimated at VND5.78 trillion, dropped 18% over the beginning of the year, making up 9.6% of total outstanding loans.
Reported by K.N
