Thang Binh: Policy credit loan turnover in 4 months is over 108 billion VND

Ms. Le Thi Minh Tam - Chairwoman of the Provincial Farmers' Association, member of the Board of Directors of the Provincial Social Policy Bank spoke at the inspection and supervision session. Photo: TRUNG THUC

The total capital allocated to Thang Binh district by April 30 was more than 1,012 billion VND; of which the balanced capital from the central government was 950.6 billion VND, the provincial budget was 49.7 billion VND, and the balanced capital from the district budget was nearly 12 billion VND. The capital increased by 66.2 billion VND compared to 2024.

Total loan turnover in 4 months was over 108 billion VND, debt collection was nearly 68 billion VND; outstanding debt increased by nearly 41 billion VND compared to the beginning of the year, bringing the total outstanding debt to nearly 990 billion VND, accounting for more than 11% of the province's outstanding debt, growing 4% compared to 2024, higher than the average of the whole province.

The assessment results of the quality of operations of the Transaction Office of the Social Policy Bank of Thang Binh district up to April 30 were classified as good, ranking 4th in the province; the whole district had 20/20 communes classified as good in terms of quality of policy credit operations.

Representatives of associations and unions in Thang Binh district proposed debt suspension and extension for some special cases. Photo: GIANG BIEN

At the meeting, representatives of the Social Policy Bank of Thang Binh district and localities proposed to supplement loans for clean water, poor and near-poor households; conduct debt suspension and extension for some special cases...

The Board of Directors of the Provincial Social Policy Bank highly appreciated the outstanding results achieved by Thang Binh district in policy credit work. At the same time, it thoroughly grasped the spirit of not letting the commune merger affect people's borrowing; continuing to strengthen the inspection and supervision role of the board of representatives; improving the quality of products serving the people, bringing the bank closer to the poor and policy beneficiaries...

Previously, the Board of Directors of the Provincial Social Policy Bank had an inspection and supervision session in Binh Nguyen commune.

Source: https://baoquangnam.vn/thang-binh-doanh-so-cho-vay-tin-dung-chinh-sach-4-thang-hon-108-ty-dong-3155219.html