Thai Nguyen: Outstanding credit increased by more than 7%

According to data from the State Bank of Region V, by the end of the first quarter of 2025, outstanding loans in Thai Nguyen province reached VND 123,089 billion, an increase of 3.99% compared to the end of 2024. This increase not only exceeded the credit plan for the first quarter (the target was 3%) but also reached 26.6% of the 2025 growth plan according to the scenario of the Thai Nguyen Provincial People's Committee.

Agribank Dinh Hoa Branch staff guides and supports customers in carrying out loan procedures.

Continuing the growth momentum, by April 30, 2025, outstanding loans in the province had increased to VND 130,744 billion, an increase of 7.14% compared to the end of 2024. The acceleration from the beginning of the year shows that the confidence and capital needs of businesses and people in the province continue to remain high, creating a positive driving force for local economic growth in 2025.

Notably, Thai Nguyen continues to affirm its role as the credit center of the region when outstanding loans in the province account for 23% of the total outstanding loans of Region V (including the provinces of Thai Nguyen, Bac Giang , Bac Ninh, Lang Son, Cao Bang, Bac Kan). This is the result of close coordination between the banking sector and local authorities in removing credit difficulties, promoting loans for production, business and consumption.

Source: https://baothainguyen.vn/kinh-te/202505/thai-nguyen-du-no-tin-dung-tang-hon-7-4621fec/