Vietcombank to sell bad debts worth $52 million

Thursday, Jun 05, 2014 15:59

A Vietcombank office. The bank's lending grows 3.16 per cent in the first five month of this year. — Photo

HA NOI (Biz Hub) — Vietcombank plans to sell VND1.1 trillion, or US$52.38 million, worth of bad debts this year, the same amount as last year, Bank Deputy General Director Dao Hao said on Wednesday.

The bank aims to achieve credit growth of 13 per cent in 2014. Meanwhile, loans grew only 3.16 per cent in the first five months of this year. — VNS

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