Total outstanding loans entrusted through socio-political organizations reached over 5,000 billion VND - Cao Bang Electronic Newspaper

On the afternoon of October 16, the Provincial Branch of the Vietnam Bank for Social Policies (VBSP) held a meeting with socio-political organizations (CT-XH) to evaluate the results of loan entrustment activities in the third quarter and deploy tasks for the fourth quarter of 2025.

Delegates attending the conference.

By the end of the third quarter, the total outstanding loan balance entrusted through socio -political organizations reached over VND 5,000 billion, accounting for 99.75% of the total outstanding loan balance of the Social Policy Bank, completing 94% of the growth plan assigned for 2025. Loan turnover in the quarter reached VND 290 billion, with more than 4,000 customers, of which poor and near-poor households accounted for 25%; debt collection turnover reached VND 281.4 billion, equal to 97% of loan turnover. Overdue entrusted debt was VND 2.8 billion, accounting for 0.06% of total outstanding debt, controlled at a low level.

Policy credit capital in the quarter contributed to creating jobs for nearly 2,000 workers, building 630 clean water and rural environmental sanitation works, supporting 351 poor households and 07 low-income households to build houses, helping 04 workers borrow capital to work abroad, contributing to sustainable poverty reduction, social security and local economic development.

At the conference, delegates discussed, evaluated, and analyzed the causes of some existing problems: increased overdue debt in some units; some Savings and Loan Groups were not operating effectively... From there, proposed solutions to improve credit quality, urge overdue debt collection, and apply digital technology in managing entrusted activities.

In the fourth quarter of 2025, the provincial branch of the Vietnam Bank for Social Policies and entrusted socio-political organizations strive to complete 100% of the target for outstanding loan growth and capital mobilization; maintain an average social transaction rate of over 97%, the debt collection rate of over 98%, and at the same time, reduce overdue debt compared to 2024, ensuring that policy credit capital reaches the right subjects, is used effectively and practically for people's lives.

Xuan Truong

Source: https://baocaobang.vn/tong-du-no-uy-thac-qua-cac-to-chuc-chinh-tri-xa-hoi-dat-tren-5-000-ty-dong-3181381.html