Total mobilized capital of credit institutions is estimated at 32,300 billion VND - Cao Bang Electronic Newspaper

As of October 31, the total mobilized capital of credit institutions in the province is estimated at VND 32,300 billion, up 18.7% over the same period last year and up 9.9% compared to the end of 2024.

Thach An Social Policy Bank transaction office disburses policy credit capital.

Total outstanding loans in the province as of October 31 are estimated at VND17,300 billion, up 2.7% compared to the end of 2024, up 6.2% over the same period last year. Bad debt is estimated at about VND170 billion, accounting for 0.98% of total outstanding loans, up 0.02 percentage points compared to 2024.

Capital mobilization and lending activities of credit institutions in the area maintained growth, meeting capital needs for production, business and consumption; bad debt was controlled at a low level, ensuring the safety of the credit system and contributing to socio -economic stability. Credit capital sources focused on credit programs and policies for priority sectors and areas, and economic growth drivers.

Specifically, outstanding loans for small and medium enterprises reached VND3,000 billion, down 4.2% over the previous year, accounting for 17.3% of the total outstanding loans in the province; outstanding loans for the agricultural and rural sectors reached an estimated VND8,750 billion, up 4.4% over the previous year, accounting for 50.5% of the total outstanding loans; outstanding loans for policy credit programs of the Vietnam Bank for Social Policies reached VND5,030 billion, up 8.1% over the previous year.

PV

Source: https://baocaobang.vn/tong-nguon-von-huy-dong-cua-cac-to-chuc-tin-dung-uoc-dat-32-300-ty-dong-3182072.html