Bad debts represent 2.96 pct of total loans

11:10, 20/10/2012

(ĐN)- Bad debts at credit organizations in the province reached more than VND1.8 trillion by the middle of October, accounting for 2.96% of total loans, according to the newest figures from Dong Nai Branch of State Bank.

(ĐN)- Bad debts at credit organizations in the province reached more than VND1.8 trillion by the middle of October, accounting for 2.96% of total loans, according to the newest figures from Dong Nai Branch of State Bank.

The figure saw an increase of 0.12% compared to late last year and slightly decrease of 0.06% against previous month.

The branch also reported that the fifth-group debts stood at VND809 billion, making up 1.31 of total outstanding balances of the banking sector, up 0.24% over the beginning of this year.

Overdue debts at credit organizations in Dong Nai estimated at more than VND4.45 trillion so far, representing 7.27% of total loans, drop 0.56% against early this year.

Reported by V.L