Overdue credits to climb 11.8 pct in Q4

Overdue credits are expected to climb 11.8 percent in the 4th quarter of the year, with their weight in the total credits following to reach 3.6 percent, compared with 1.44 percent in the same interval last year, according to the latest trend survey issued by the National Forecast Commission (CNP).

It also arises from the data provided by the trend survey for the industrial sector an increase in the volume of credits to economic operators in industry in the 4th quarter of the year by some 1 percent against the 3rd quarter.

According to data provided by the economic operators themselves, it was noticed a substantial rise in the weight of the overdue credits since the beginning of the year compared with last year’s figure. This trend was mainly the result of some of the companies failing to find a way out of the economic crisis, since liquidity problems still exist in the system.

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