Saturday June 6, 2020

Overdue loans make up 43% of ACC book

Overdue and impaired loans accounted for 43 per cent of ACC Bank’s total loan book last year, according to figures provided by the bank.

10th July, 2010

Overdue and impaired loans accounted for 43 per cent of ACC Bank’s total loan book last year, according to figures provided by the bank.

ACC, part of the Dutch Rabobank group, said the proportion of overdue and impaired loans had risen from 30 per cent in 2008 and 14 per cent a year earlier.

The percentage of overdue and impaired loans would have risen from 43 per cent to 47 per cent of the book if loans...

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