Dong Nai’s bad debts at 2.9%

09:05, 07/05/2013

(ĐN)- According to Dong Nai Branch of State Bank, bad debts and overdue debts at credit organizations in Dong Nai estimated at some VND4.5 trillion by the end of March, representing 6.4 percent of total loans, rose 0.9% against late last year.

(ĐN)- According to Dong Nai Branch of State Bank, bad debts and overdue debts at credit organizations in Dong Nai estimated at some VND4.5 trillion by the end of March, representing 6.4 percent of total loans, rose 0.9% against late last year.

The bad debts of third, fourth and fifth groups were over VND2 trillion, making up 2.9% of total outstanding balances of the banking sector, up 0.5% over the beginning of this year.

Accordingly, the fifth-group debts stood at approximately VND1 trillion.

Reported by V.L