Bad debts account for 2.88 pct of total loans

08:11, 04/11/2012

(ĐN)- Bad debts and overdue debts at credit organizations in Dong Nai estimated at approximately VND4.8 trillion by the end of September, accounting for over 7.5 percent of total loans, according to Dong Nai Branch of State Bank.

(ĐN)- Bad debts and overdue debts at credit organizations in Dong Nai estimated at approximately VND4.8 trillion by the end of September, accounting for over 7.5 percent of total loans, according to Dong Nai Branch of State Bank.

The figure saw an increase of 0.86% compared to late last year.

The bad debts of third, fourth and fifth groups reached more than VND1.8 trillion, making up 2.88% of total outstanding balances of the banking sector, up 0.05% over the beginning of this year.

The branch also reported that the fifth-group debts stood at VND940 billion, making up nearly 1.3 percent of total loans.

Reported by K.N