Bad debts account for 1.93%

(ĐN)-As of the end of April 2025, total outstanding loans by credit institutions in Dong Nai province reached an estimated VND 432 trillion, according to the State Bank of Vietnam (SBV) – Region 12.

Of this amount, loans in Vietnamese dong totaled approximately VND 384.4 trillion, marking a 6.3% increase since the beginning of the year. Loans in foreign currencies (converted to VND) amounted to more than VND 47.4 trillion, up 7.3%.

Non-performing loans (NPLs) currently make up about 1.93% of the total outstanding credit in the province.

Looking ahead, SBV Region 12 will continue directing local credit institutions to proactively implement measures aligned with national SBV guidance to support businesses, mitigate new bad debt formation, and enhance bad debt resolution. These measures include accelerating debt recovery, using risk provisions to write off bad debts, selling debt, and disposing of collateral assets.

Reported by L.P