Yen Bai: Total outstanding loans of policy credit program reached over 5,706 billion VND

The Yen Bai Provincial Branch of the Vietnam Bank for Social Policies (VBSP) is currently implementing 17 policy credit programs, with a total outstanding loan balance of over VND 5,706 billion, an increase of VND 216 billion compared to 2024.

Since the beginning of the year, the Provincial Social Policy Bank Branch has provided new loans to 7,686 customers, with a turnover of 514.1 billion VND. Focusing mainly on the following programs: Loans to poor households, near-poor households, households that have just escaped poverty, loans for clean water and environmental sanitation; loans for job creation, job maintenance and expansion; loans for production and service business households in difficult areas... Debt collection turnover is 298.1 billion VND, equal to 58% of loan turnover.

Currently, the Branch is implementing 17 policy credit programs with a total outstanding debt of over VND 5,706 billion, with 87,031 households still in debt, an increase of VND 216 billion compared to 2024, a growth rate of nearly 4%. Of which, the outstanding debt from central capital sources is over VND 5,423 billion, an increase of VND 189.4 billion; outstanding debt from local entrusted capital sources is VND 283.6 billion, an increase of VND 26.6 billion.

The quality of policy credit activities is increasingly improved thanks to promoting entrusted activities to mass organizations.

Duc Toan

Source: https://baoyenbai.com.vn/12/350735/Yen-Bai-Tong-du-no-cho-vay-chuong-trinh-tin-dung-chinh-sach-dat-tren-5706-ty-dong.aspx