Meeting on entrustment work with provincial-level socio-political organizations in the second quarter of 2025 - Cao Bang Electronic Newspaper

On July 30, the Provincial Branch of the Vietnam Bank for Social Policies (VBSP) held a meeting on the second quarter's trust work with provincial-level socio-political organizations and deployed the trust tasks for the third quarter of 2025.

Delegates attending the conference.

In the second quarter, the total source of social policy credit capital of the province reached VND 5,022 billion, an increase of VND 206.6 billion compared to the first quarter of 2025 and an increase of VND 353.6 billion compared to 2024. Loan turnover reached VND 997.4 billion with 14,026 customers receiving loans, of which 2,977 were poor and near-poor households, accounting for 21.22%.

As of June 30, 2025, socio -political organizations have received VND 4,989 billion in trust, accounting for 99.64% of total outstanding loans. Of which, the Farmers' Association has VND 1,473 billion in outstanding loans; the Women's Union has VND 1,556 billion; the Veterans' Association has VND 941 billion; the Youth Union has VND 1,018 billion. Outstanding loans increased mainly in a number of programs, such as: Support for job creation, job maintenance and expansion reached VND 434.5 billion; loans under Decree No. 28/2022/ND-CP reached VND 76.2 billion; clean water and rural environmental sanitation reached VND 47.9 billion.

In the third quarter, socio-political organizations continued to focus on implementing additional credit programs; supporting customers to restore production and business. Coordinate to improve the quality of social transaction activities, the quality of inspection and supervision to ensure that borrowers use loans for the right purposes and effectively. Proactively review loan needs, prioritize disbursement for cases affected by natural disasters to develop the economy , improve living conditions; improve the quality of transactions. Strive to complete 100% of the capital mobilization target of assigned organizations and individuals; complete over 90% of the outstanding loan growth target; maintain the debt recovery rate; the average social transaction reaches over 97%; the interest collection rate reaches 100%; the rate of savings and loan groups classified as good and excellent reaches over 99%...

PO

Source: https://baocaobang.vn/giao-ban-cong-tac-uy-thac-voi-cac-to-chuc-chinh-tri-xa-hoi-cap-tinh-quy-ii-2025-3179030.html