Bad debt accounts for 1.95% of total loans

(ĐN)- According to Dong Nai branch of State Bank of Vietnam, as of the end of 2024, the total outstanding credit in the province was estimated at over VND 416 trillion, an increase of 14.5% compared to the end of 2023. Of this, bad debt accounted for approximately 1.95% of total loans provided by credit institutions in the province.

In 2024, the State Bank of Vietnam, Dong Nai branch, directed credit institutions in the province to implement credit programs, enhance access to bank credit, support customers facing difficulties, reduce costs, and simplify lending procedures.

Reported by H.Quan