Dong Nai's bad debt down to 0.86 pct

09:04, 29/04/2020

(ĐN)- Dong Nai-based banks' loan turnover was estimated at more than VND219 trillion as of April-end, up 4% compared to the beginning of the year.

(ĐN)- Dong Nai-based banks’ loan turnover was estimated at more than VND219 trillion as of April-end, up 4% compared to the beginning of the year.

Of the total, short-term loans accounted for over VND113.5 trillion, up 2.56%, medium and long-term ones made up some VND105.5 trillion, up 5.55%, according to Dong Nai Branch of State Bank.

Bad debts and overdue debts at credit organizations in the province estimated at over VND1.8 trillion, accounting for only 0.86 percent of total loans.

Currently, short-term lending interest rates were between 6 and 9 percent per annum while middle and long-term ones were between 9 and 11 percent per annum. The USD lending interest rate is stabilized at 3-6% per annum.

Reported by H.Q

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