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08-11-2013 01:11 PM #1
Junior Member- Ngày tham gia
- Nov 2010
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- Được cám ơn 11 lần trong 9 bài gởi
SHB to cut bad debt to below 5 pct of loans by year end
The Sai Gon-Ha Noi Commercial Bank said it was aiming to cut its bad debt to below 5 percent of loans by the end of 2013, from 7.75 percent on Sept. 30, the Lao Dong (Labour) newspaper reported.
The Hanoi-based bank had lowered its bad debt ratio from 9.04 percent as of June 30 via restructuring and debt sales to the Vietnam Asset Management Co, it said.
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