Bad debt ratio makes up 1.17 pct of total loans

09:04, 25/04/2022

(ĐN) - As of March-end, the province-based commercial banks and credit organizations lent more than VND298.2 trillion, up some 6 percent compared to the end of 2021, reported Dong Nai branch of the State Bank of Vietnam.

 

(ĐN) - As of March-end, the province-based commercial banks and credit organizations lent more than VND298.2 trillion, up some 6 percent compared to the end of 2021, reported Dong Nai branch of the State Bank of Vietnam.

Bad debts and overdue debts accounted for 1.17 percent of total loans.

Currently, short-term lending interest rates in some priority fields was 4.3 percent per annum while middle and long-term ones were between 7.6 and 9.3 percent per annum. Over the past time, local banks have made efforts to support Covid-19 affected customers, help them to overcome difficulties.

Reported by H.H