Non-performing loans accounted for 4.03 percent of the
outstanding loans in Vietnam's banks in April, up from 3.61
percent at the end of 2013, according to State Bank of Vietnam
data, the Vietnam Economic Times said in an online report.
Even though the central bank-run Vietnam Asset Management Co
has been striving to buy bad debts, slow lending in the first
few months of 2014 has failed to help lower the toxic asset
ratio in the banking system, the report said.
NOTE: Reuters has not verified this story and does not vouch
for its accuracy.
(Hanoi Newsroom; Editing by Gopakumar Warrier)