Vietnam Bank for Social Policies: Credit growth in 9 months reached more than 30.4 trillion VND, supporting nearly 6.73 million households to borrow capital

Efficient, stable and smooth operation

According to the report, as of September 30, 2025, the total capital of the VBSP reached nearly VND 422.7 trillion, an increase of 10.6% compared to the end of 2024. Of which, the local budget capital entrusted to the VBSP continued to increase by VND 12.5 trillion, bringing the total to VND 63.2 trillion, accounting for 14.9% of the total capital. Notably, 31/34 branches have completed and exceeded the capital plan assigned in 2025.

Social Policy Bank: Credit growth in 9 months reached over 30.4 trillion VND, supporting nearly 6.73 million households to borrow capital -0 — General Director of the Vietnam Bank for Social Policies Duong Quyet Thang directed the conference.

In the first 9 months, lending turnover reached over 105.4 trillion VND, with over 1.66 million poor households and policy beneficiaries accessing capital. Debt collection turnover reached 68.3 trillion VND, equivalent to 64.8% of lending turnover.

By the end of the period, the total outstanding policy credit balance reached VND398.1 trillion, an increase of VND30.4 trillion, equivalent to 8.3% compared to the end of 2024. Currently, there are nearly 6.73 million poor households and policy beneficiaries with outstanding loans.

Overdue debt and deferred debt of the whole system stood at VND2,174 billion, accounting for 0.55% of total outstanding debt. Notably, 31/34 branches maintained the overdue debt ratio below 0.5% of total outstanding debt, reflecting the guaranteed quality of policy credit.

Implementing Resolution No. 18-NQ/TW (October 25, 2017), Conclusion No. 127-KL/TW (February 28, 2025), Resolution No. 60/NQ-TW, and Decision No. 759/QD-TTg (April 14, 2025) of the Prime Minister on the arrangement of administrative units at all levels and the construction of a 2-level local government model, the VBSP has completed the restructuring of the apparatus in accordance with the plan approved by the Board of Directors (BOD).

Social Policy Bank: Credit growth in 9 months reached more than 30.4 trillion VND, supporting nearly 6.73 million households to borrow capital -0 — Conference scene

The new apparatus has been put into stable operation, staff have been appropriately arranged, ensuring that units continue to perform their tasks, and workers can work with peace of mind. After the arrangement, the entire system still fully implements activities and maintains stability and smoothness.

Commune transaction activities are maintained as before, transaction locations are arranged by the Commune People's Committee, ensuring safety and convenience for people. The names of transaction points, signs, and public boards have also been adjusted to suit the two-level government model. As of September 30, 2025, the whole country has 9,970 transaction points. The Social Policy Bank has arranged forces to ensure safe and smooth transactions; 100% of branches are assessed to have good quality of commune transaction activities.

Over the past 9 months, policy credit capital has contributed to creating jobs for more than 601,000 workers, of whom more than 6,800 people went to work abroad for a limited period; helped nearly 4,100 people who had completed their studies to have stable jobs; supported more than 20,000 disadvantaged students to borrow money to study, of which 788 students studied STEM; built more than 1,200 clean water and rural sanitation works; built more than 2,900 houses for poor households and nearly 7,500 social houses for low-income people.

Promote mobilization of entrusted capital from local budgets

Speaking at the conference, General Director of the Vietnam Bank for Social Policies Duong Quyet Thang highly appreciated the efforts of the entire system in successfully completing its tasks over the past 9 months, ensuring the maintenance of a stable and effective network of operations, especially the operations of Transaction Points and Savings and Loan Groups after the administrative unit arrangement according to Resolution No. 60-NQ/TW.

Also on the occasion of the 30th anniversary of its operation since the establishment of the Bank for the Poor to the current Vietnam Bank for Social Policies, the General Director emphasized that over the past 30 years, the entire system has undergone a process of formation and development to become a special policy bank model, unique to Vietnam, with recognized contributions, especially the title of Hero of the Renovation Period.

Promoting the achievements, the General Director requested units at the Head Office and branches in provinces and cities to proactively closely coordinate with local authorities, strengthen the implementation of Directive 39-CT/TW, successfully complete assigned tasks, and at the same time pay attention to checking and supervising debt collection, improving the quality of policy credit.

Regarding the direction for the coming time, he requested that the entire system needs to research and identify appropriate directions for the new situation and new era; ensure capital and resources to serve policy subjects; perform well in administration, inspection and supervision; strengthen the modernization of information technology and wholeheartedly and determinedly build an increasingly strong system to contribute to stabilizing social security.

On this occasion, the Organizing Committee announced the Decisions of commendation for individuals and groups with achievements in emulation movements and groups of branches of the Social Policy Bank of provinces and cities with outstanding achievements in deploying and implementing tasks in the past 9 months. At the same time, it launched a call to all cadres, union members, and workers in the system to donate and support people to overcome the consequences of storm No. 10.

Source: https://cand.com.vn/Xa-hoi/ngan-hang-chinh-sach-xa-hoi-9-thang-tang-truong-tin-dung-hon-30-4-nghin-ty-dong-ho-tro-gan-6-73-trieu-ho-vay-von-i783503/