Social policy credit loan turnover in 9 months reached 2,963 billion VND

On the afternoon of November 3, comrade Nguyen Long Bien - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of Khanh Hoa Provincial People's Committee chaired the third quarter meeting of 2025 of the Board of Directors of the Social Policy Bank, provincial branch.

By the end of September, the outstanding balance of social policy credit programs in Khanh Hoa province reached more than VND 9,495 billion, an increase of more than VND 1,089 billion compared to the beginning of the year, a growth rate of 12.96%. Loan turnover in 9 months reached VND 2,963 billion with 51,945 households receiving loans. The capital entrusted in the locality increased by VND 484.7 billion compared to the beginning of the year. The provincial Social Policy Bank promptly reported to the Social Policy Bank to supplement VND 150 billion in counterpart capital to meet the demand for loans to create jobs and provide loans to students. Social policy credit activities have made an important contribution to the implementation of national target programs on sustainable poverty reduction, new rural construction, and socio -economic development in ethnic minority and mountainous areas in the province.

Comrade Nguyen Long Bien chaired the meeting.

However, credit activities in recent times still have some limitations such as: Overdue debt increased compared to the beginning of the year; mobilization of deposits from organizations and individuals decreased; the planned target of outstanding debt of the social housing loan program has not been achieved...

Leaders of the Provincial Social Policy Bank reported at the meeting.

Speaking at the meeting, comrade Nguyen Long Bien requested members of the Board of Directors to continue advising on the implementation plan of Directive No. 39 dated October 30, 2024 of the Secretariat; Decision No. 1560 of the Prime Minister dated July 18, 2025 and Plan No. 07 dated October 22, 2025 of the Provincial Party Standing Committee to implement Directive No. 39 on improving the effectiveness of social policy credit in the new period; assign the Department of Finance to advise the Provincial People's Council and People's Committee to arrange public investment capital in 2026 entrusted to the Provincial Social Policy Bank for lending to policy beneficiaries; The Department of Home Affairs directed the People's Committees at the commune level to coordinate with the transaction offices of the Social Policy Bank to review and synthesize the capital needs of poor, near-poor, newly escaped-poverty households, and households with average living standards to provide loans in 2026. He also requested that associations and local authorities continue to maintain stable and effective policy credit activities; have solutions to overcome limitations in credit activities in recent times; strengthen propaganda and dissemination of the Party, State and Government's policies and guidelines on social policy credit to all classes of people, especially the poor and other policy beneficiaries. In addition, the Provincial Social Policy Bank coordinated with the Department of Finance to advise the Provincial People's Committee to implement the content of local capital entrustment for the period 2026 - 2030 in accordance with regulations; organize and perform accounting work well, prepare for the 2025 settlement...

H.DUNG

Source: https://baokhanhhoa.vn/kinh-te/202511/doanh-so-chovayvontin-dung-chinh-sach-xa-hoi9-thang-dat-2963ty-dong-5270ec0/