13 credit institutions are of high balance for non-production debts

 

As estimated by Binh Duong Branch of State Bank of Vietnam (SBV Binh Duong), by June 30, over 31 credit organizations in the province have been reducing balance of non-production debts to below 22% of their total debt balance; however, 13 credit organizations have not succeeded in reducing to the required mark. SBV Binh Duong, thus, announced that it will continue monitoring those credit organizations and reporting to SBV for general decision in the banking system.

 

Reported by Thanh Hong – Translated by Vi Bao