Outstanding loans for export down 12%

06:10, 27/10/2020

(ĐN)- As of Sept-end, Dong Nai-based credit organizations offered loans totaling VN35.9 trillion to import-export activities, down 2.5 percent compared to the end of last year, according to Dong Nai Branch of State Bank.

 

(ĐN)- As of Sept-end, Dong Nai-based credit organizations offered loans totaling VN35.9 trillion to import-export activities, down 2.5 percent compared to the end of last year, according to Dong Nai Branch of State Bank.

Accordingly, outstanding loans for export were VND14.7 trillion, decreasing nearly 12 percent against the beginning of the year due to the impact of the Covid 19 pandemic.

This figure accounts for some 6.6 percent of total outstanding loans.

Over the past time, many local banks have restructured the repayment periods, waived or reduced the interest, maintained the debt classifications in order to support Covid-19 affected customers.

Reported by H.Q