Quang Ngai: Outstanding policy credit reaches 11,200 billion VND

(QNgTV) - According to the Quang Ngai Provincial Branch of the Bank for Social Policies, in the first 7 months of 2025, social policy credit activities in the province were implemented effectively and promptly, meeting the capital needs for production and business of poor households, near-poor households and other policy beneficiaries.

Total outstanding debt by the end of July reached VND 11,200 billion, an increase of more than VND 730 billion compared to the end of 2024, reaching nearly 90% of the annual plan. Credit quality is well controlled, the overdue debt ratio is only 0.15%, and frozen debt is 0.08%.

To complete the policy credit target in 2025, the Provincial Social Policy Bank Branch continues to promote disbursement, review and promptly remove obstacles. Improve the quality of inspection, supervision and urging debt collection on time.

At the same time, coordinate with local authorities and socio -political organizations to strengthen trust activities, ensuring the best service for the capital needs of poor households and policy beneficiaries in the area.

Source: https://quangngaitv.vn/quang-ngai-du-no-tin-dung-chinh-sach-dat-11-200-ty-dong-6505813.html