The Vietnam Bank for Social Policies (VBSP) branch in Vinh Long province has just held a meeting with all 24 transaction offices about the operation situation after the merger.
According to the provincial Social Policy Bank, the total policy credit capital as of July 21 reached VND14,440 billion, an increase of VND1,122 billion compared to the beginning of the year. Implementing 19 credit programs, the total outstanding debt reached VND14,248 billion with 351,293 customers still having outstanding debt. Of which, from the beginning of July until now, the loan turnover is VND127 billion with 2,893 poor households, near-poor households and policy beneficiaries receiving loans.
Statistics show that after the merger, the province has 354 transaction points in communes. The credit quality of the whole province (100% of affiliated transaction offices) is classified as good. In the last months of the year, the provincial People's Credit Fund will focus on coordinating with local authorities and relevant agencies to review and identify policy credit borrowers to disburse according to the credit growth plan assigned in 2025, ensuring loans to the right beneficiaries; continue to consolidate and improve credit quality, transaction quality of communes and savings and loan groups;...
MINH THAI
Source: https://baovinhlong.com.vn/kinh-te/202507/chat-luong-hoat-dong-tin-dung-chinh-sach-toan-tinh-dat-tot-5da13ac/
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