In the first quarter of 2025, total outstanding policy credit will reach more than VND 8,270 billion.

The Bank for Social Policies, Quang Nam branch, rewarded many individuals and groups with outstanding achievements in the first quarter of 2025. Photo: QUANG VIET

According to the report, the total policy credit capital of Quang Nam as of March 31 reached nearly VND 8,300 billion (an increase of more than VND 212.5 billion compared to the beginning of the year). In the first quarter of 2025, the total loan turnover reached more than VND 703.5 billion with 10,866 poor, near-poor and policy households receiving loans. The total debt collection turnover of the entire branch reached nearly VND 494 billion (equal to 70.19% of loan turnover).

Total outstanding policy credit balance as of March 31, 2025 reached more than VND 8,270 billion (an increase of nearly VND 210 billion compared to the beginning of the year, a growth rate of 2.6%) with 141,014 customers with outstanding loans. Units with high outstanding loans include the Transaction Office of the Social Policy Bank of Tien Phuoc District, an increase of more than VND 28.1 billion; Thang Binh, an increase of VND 22 billion; Que Son, an increase of nearly VND 14 billion; Nui Thanh, an increase of nearly VND 20 billion.

Outstanding loans increased mainly in loans for near-poor households (increased by nearly VND 116 billion), loans for job creation increased by more than VND 100.4 billion, loans for clean water and rural environmental sanitation increased by more than VND 37.5 billion... Total overdue debt and frozen debt as of March 31 was more than VND 14 billion (accounting for 0.18% of total outstanding debt).

Regarding solutions to promote policy credit development in the province in the second quarter of 2025, the Bank for Social Policies, Quang Nam branch, will focus on accelerating the disbursement of loans for preferential credit programs; urgently mobilizing capital from organizations and individuals; coordinating with local authorities and socio-political organizations entrusted to inspect and urge people to use loans for the right purposes; collecting monthly interest well; improving the activities of savings and loan groups.

On this occasion, the bank rewarded many individuals and groups who excellently completed their tasks in the first quarter of 2025.

Source: https://baoquangnam.vn/quy-i-2025-tong-du-no-tin-dung-chinh-sach-dat-hon-8-270-ty-dong-3152316.html