Total outstanding loan balance of the Transaction Office of Thang Binh Social Policy Bank reached more than 1,015 billion VND

DNO - The Transaction Office of the Bank for Social Policies (CSXH) Thang Binh has just held a conference to review 3 months of entrusted activities with socio-political organizations in the communes of Thang Binh, Thang An, Thang Dien, Thang Truong, Thang Phu and Dong Duong after implementing the 2-level government.

Tran Quoc Tuan, Director of the Thang Binh Branch of the Vietnam Social Security Bank, speaks at the conference. Photo: QUANG VIET

According to Mr. Tran Quoc Tuan, Director of the Thang Binh Branch of the Social Policy Bank, the total outstanding balance of policy credit entrusted through farmers' associations, women's associations, veterans' associations, and youth unions in the communes reached over 1,015 billion VND by September 30th, comprising 373 savings and loan groups with 16,345 borrowing households (an increase of nearly 11.6 billion VND compared to June 30th, 2025).

To date, policy credit outstanding at entrusted branches through associations and organizations accounts for 99.6% of the total outstanding loans. Overdue loans as of September 30th amounted to VND 646 million (an increase of VND 30 million compared to June 30th, 2025, and a 0.06% increase compared to the total entrusted loans). Total capital mobilized through savings and loan groups as of September 30th reached over VND 70.2 billion (an increase of over VND 3 billion compared to June 30th, 2025).

The policy credit entrustment activities of the Thang Binh Branch of the Vietnam Bank for Social Policies have yielded many positive results after 3 months of implementation by the local authorities at both levels. Outstanding loans increased by more than 11 billion VND compared to June 30, 2025; creating conditions for 745 customers to borrow capital for investment in production and business, building economic models, investing in clean water and environmental sanitation, etc.

Interest collection and deposit mobilization rates met the set targets. Credit quality was maintained and ensured. In particular, the policy bank and socio- political organizations coordinated well, ensuring smooth, uninterrupted policy credit operations and not affecting services to the people.

Source: https://baodanang.vn/tong-du-no-uy-thac-cua-phong-giao-dich-ngan-hang-chinh-sach-xa-hoi-thang-binh-dat-hon-1-015-ty-dong-3308401.html