Phuoc Son's total outstanding policy credit balance reaches over 300 billion VND

Mr. Do Hoai Xoan - Vice Chairman of Phuoc Son District People's Committee awarded certificates of merit to collectives and individuals with achievements in social policy credit work. Photo: Y DUY

The total outstanding loans for policy credit programs in Phuoc Son district reached more than 300 billion VND, an increase of nearly 44 billion VND compared to 2023 and has helped 4,656 policy households borrow capital. During the year, the district had no overdue debt, and debt settlement accounted for 0.05%. Savings mobilization reached more than 3.8 billion VND, reaching 122% of the set plan.

The Board of Directors of the Phuoc Son District Social Policy Bank has implemented effective credit programs and policies, positively impacting the socio -economic development indicators of ethnic minority areas in the district.

In 2025, Phuoc Son district strives to increase capital and credit balance by 10-12%; mobilize savings and deposits from organizations and individuals to reach 100% of the assigned target. Continue to maintain and sustain credit quality...

On this occasion, the People's Committee of Phuoc Son district and the Board of Directors of the District Social Policy Bank awarded certificates of merit to 8 collectives and 13 individuals with outstanding achievements in implementing policy credit lending programs.

Source: https://baoquangnam.vn/tong-du-no-tin-dung-chinh-sach-cua-phuoc-son-dat-hon-300-ty-dong-3147430.html