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

Director of the Transaction Office of the Bank for Social Policies of Thang Binh, Tran Quoc Tuan, spoke at the conference. Photo: QUANG VIET

Mr. Tran Quoc Tuan, Director of the Transaction Office of Thang Binh Social Policy Bank, said that the total outstanding policy credit balance entrusted through farmers', women's, veterans' and youth unions in the communes as of September 30 was more than VND 1,015 billion, including 373 savings and loan groups with 16,345 borrowing households (an increase of nearly VND 11.6 billion compared to June 30, 2025).

To date, the outstanding policy credit balance of the transaction office entrusted through associations and unions accounts for 99.6% of the total outstanding debt. Overdue debt as of September 30 is 646 million VND (an increase of 30 million VND compared to June 30, 2025, an increase of 0.06% compared to the total outstanding entrusted debt). The total capital mobilized through savings and loan groups as of September 30 reached more than 70.2 billion VND (an increase of more than 3 billion VND compared to June 30, 2025).

The policy credit entrustment activities of the Transaction Office of the Social Policy Bank of Thang Binh after 3 months of implementation of the 2-level local government achieved many positive results. Outstanding loans increased by more than 11 billion VND compared to June 30, 2025; creating conditions for 745 customers to borrow capital to invest in production and business, build economic models, invest in clean water, environmental sanitation, etc.

Interest rates and savings mobilization met the set plan. Credit quality was maintained and ensured. In particular, policy banks and socio- political organizations coordinated well, ensuring smooth, uninterrupted policy credit operations, without affecting service 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