Phu Yen Social Policy Bank mobilizes more than 12.7 billion VND in capital

According to a source from the Phu Yen branch of the Vietnam Bank for Social Policies (VBSP), by the end of May 2025, the total capital mobilized at the unit reached nearly 641 billion VND, an increase of more than 1.7 billion VND compared to the beginning of the month, an increase of more than 12.7 billion VND compared to the beginning of the year. Of which, capital mobilized through economic organizations and individuals was nearly 482 billion VND, the rest was capital mobilized through savings and loan groups with more than 159 billion VND.

This result demonstrates the trust of people and economic organizations in the activities of the VBSP in effectively using mobilized capital for preferential loans, contributing to ensuring social security and sustainable poverty reduction.

In the coming time, the Phu Yen Social Policy Bank will focus on synchronously implementing solutions to improve the efficiency of capital mobilization in the locality. The branch will also continue to coordinate with the Party Committee, the government, socio -political organizations and unions to promote the meaning of depositing savings at the Social Policy Bank to supplement loan capital, promptly meet the demand for loans for production and business, and improve the lives of poor households and policy beneficiaries.

Source: https://baophuyen.vn/tin-dung-chinh-sach-xa-hoi/202506/nhcsxh-phu-yen-huy-dong-von-tang-hon-127-ti-dong-f1213b3/