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Outstanding debts of securities firms decline

Update: July, 14/2012 - 08:01

HA NOI — Outstanding loans made to borrowers in the securities industry totalled VND12 trillion (US$571.4 million) as of May 31 and accounted for 0.4 per cent of the total outstanding bank loans, said the acting head inspector of the State Bank of Viet Nam, Nguyen Huu Nghia.

Bad debts in the sector amounted to VND485 billion ($23 million). — VNS

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