Vice Chairman of the City People's Committee Nguyen Chi Tai acknowledged and commended the City Bank for Social Policies.

According to the Representative Board of the Social Policy Bank of Hue City, in the first 6 months of 2025, social policy credit capital continued to be promptly disbursed to the poor and other policy beneficiaries in an effective manner, meeting the needs of socio -economic development and ensuring social security in Hue City. The total capital as of June 30, 2025 at the branch reached VND 5,253.9 billion, an increase of VND 331.2 billion compared to the end of 2024, a growth rate of 6.7%. By June 30, 2025, the total outstanding debt reached VND 5,240.9 billion, an increase of VND 322.2 billion compared to the end of 2024, a growth rate of 6.6%. Loan turnover in the first 6 months of the year was VND 1,242.9 billion with 18,796 customers receiving loans; Debt collection turnover in the first 6 months of the year reached 918.5 billion VND.

Vice Chairman of the City People's Committee, Head of the Board of Directors of the Hue City Social Policy Bank Nguyen Chi Tai acknowledged and commended the results that the City Social Policy Bank has achieved. At the same time, he requested that the City Social Policy Bank focus on disbursing credit programs according to the decision on allocating credit plan targets for 2025 by the Head of the Board of Directors of the City Social Policy Bank, promptly bringing capital to the poor and policy beneficiaries. Continue to maintain the stability and effectiveness of 133 transaction points in 40 communes and wards as before the administrative boundary merger, creating favorable conditions for people to conveniently conduct loan transactions, repay debts, pay interest, and deposit savings at familiar locations.

The Vice Chairman of the City People's Committee emphasized: The requirements for social policy credit activities are increasingly high, requiring innovation in thinking, improving service quality and maximizing the efficiency of capital sources. At the same time, regularly monitor and guide borrowers to use capital for the right purpose and effectively. Special attention is paid to the application of information technology, reforming administrative procedures, expanding access to credit through modern forms, in line with the city's development orientation.

Van Bon

Source: https://huengaynay.vn/chinh-tri-xa-hoi/an-sinh-xa-hoi/phat-huy-hieu-qua-nguon-von-tin-dung-chinh-sach-trong-giai-doan-moi-155802.html