M'Drắk District: Over 542 billion VND for social policy credit loans

18:12, 20/09/2023

In the first 9 months of 2023, the total outstanding loan balance entrusted between the M'Drắk District Social Policy Bank through associations and unions in the whole district reached over 542 billion VND, an increase of more than 45 billion VND compared to the beginning of 2023.

Up to now, M'Drắk District Social Policy Bank has 10,932 customers with outstanding debts belonging to 249 Savings and Loan Groups in the whole district; overdue debt through the trust association is 108 million VND (accounting for 0.02% of total outstanding debt); mobilized savings deposits through the Savings and Loan Group is more than 26 billion VND, an increase of more than 4 billion VND compared to the beginning of the year.

Transaction point of the Social Policy Bank of MDrak district in Krong Jing commune.

Transaction point of M'Drak District Social Policy Bank in Krong Jing commune.

In the coming time, the M'Drắk District Social Policy Bank will continue to coordinate with the government and relevant agencies and units to effectively integrate social policy credit with models, programs and projects for local socio -economic development; science and technology transfer activities, agricultural and fishery extension programs, vocational training; build and replicate typical production and business models... to help borrowers use capital effectively, create jobs, increase income, contribute to the successful implementation of national target programs, and ensure social security.

Duy Tien

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