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LENDING & CREDIT | Cesar Tordesillas, Vietnam
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Agribank leads Vietnam banks in bad debts with 5.68% at end-June

Agribank,  Vietnam's largest state-owned bank, recorded a non-performing loans rate of 5.68% of its total outstanding loans as of June 30.

 

The bank had VND23.95 trillion non- performing loans out of the total VND VND419.44 trillion outstanding loans as at June 30.

The state-owned lender led local banks in terms of bad debts, and much higher than the second one in the list, Vietcombank’s 3.47% bad debts, and the banking system’s 3.04%.

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