Bad debts account for 2.98% of total loans

03:11, 05/11/2013

(ĐN)- According to Dong Nai Branch of State Bank, bad debts and overdue debts at credit organizations in the province estimated at around VND3.9 trillion at the end of September, accounting for 5.43 percent of total loans and down 0.04% compared to late last year.

(ĐN)- According to Dong Nai Branch of State Bank, bad debts and overdue debts at credit organizations in the province estimated at around VND3.9 trillion at the end of September, accounting for 5.43 percent of total loans and down 0.04% compared to late last year.

The bad debts of third, fourth and fifth groups were VND2.19 trillion, representing 2.98% of total outstanding balances of the banking sector, increased 0.5% over the beginning of this year.

Accordingly, the fifth-group debts stood at VND1.23 trillion, accounted for 1.68 percent of total loans, an increase of 0.41%.

Reported by K.N