Total outstanding policy credit entrusted through political and social organizations reached 10,424 billion VND.

On the morning of August 22, Comrade Nguyen Manh Tuan, Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee, Head of the Board of Directors of the Provincial Bank for Social Policies (BSP) chaired the meeting of the Board of Directors for the third quarter of 2025.

The Board of Directors of the Provincial Social Policy Bank held its third quarter meeting.

Attending the meeting were leaders of departments and branches who are members of the Provincial Social Policy Bank Representative Board.

In the first 7 months of 2025, despite many difficulties, under the timely leadership and direction of the Board of Directors of the Vietnam Bank for Social Policies, the Provincial Party Committee, the People's Council, the Provincial People's Committee, the efforts of the Vietnam Bank for Social Policies and related departments and branches, the Provincial Board of Directors of the Vietnam Bank for Social Policies has actively and proactively advised on the effective implementation of social policy credit, promptly assigned credit plan targets; organized inspections and supervision at the grassroots level, promptly rectified limitations in the implementation of preferential credit policies in the province.

Total outstanding policy credit entrusted through socio- political organizations reached 10,424 billion VND, an increase of 464 billion VND compared to the beginning of the year, accounting for 99.7% of total entrusted outstanding debt. Overdue debt was more than 9 billion VND, accounting for 0.09% of total outstanding debt; frozen debt was 7.8 billion VND, accounting for 0.07% of total outstanding debt, down 453.4 million VND compared to the beginning of the year. Of which: Farmers' Association managed outstanding debt of 2,545.2 billion VND, accounting for 24% of entrusted outstanding debt; Women's Association 2,841.2 billion VND, accounting for 27%; Veterans Association 2,481.6 billion VND, accounting for 24%; Youth Union 2,556.5 billion VND, accounting for 25%.

In the last months of the year, the Board of Representatives of the Social Policy Bank set a number of targets. In particular, credit growth reached over 99% of the assigned plan; Overdue debt ratio below 0.15%/total outstanding debt; The ratio of good and fairly good groups over 95%/total number of savings and loan groups; Completing 40% of the number of customers who must reconcile and classify debts according to the plan and completing 100% before November 30...

At the meeting, delegates focused on discussing and evaluating the results achieved in the second quarter of 2025 and pointed out difficulties and obstacles in the implementation of policy credit programs. At the same time, they recommended and proposed a number of solutions to effectively carry out the tasks in the third quarter of 2025.

Comrade Nguyen Manh Tuan, Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee, Head of the Board of Directors of the Provincial Social Policy Bank delivered a concluding speech at the meeting.

Concluding the meeting, Mr. Nguyen Manh Tuan, Standing Vice Chairman of the Provincial People's Committee, highly appreciated the achievements of the Board of Directors of the Social Policy Bank at all levels and the entrusted activities of socio-political organizations. In order to successfully complete the tasks and targets set, he requested the Board of Directors of the Provincial Social Policy Bank to fully implement the Resolution of the Board of Directors, promptly assign credit plan targets announced by superiors and effectively implement the direction of the Chairman of the Provincial People's Committee on continuing to strengthen leadership and direction of social policy credit activities after the two-level government comes into operation.

Relevant departments and branches coordinate with the VBSP and the People's Committees of communes and wards to handle risky debts using local capital sources and submit them to the Provincial People's Committee for consideration and handling according to their authority for the HF dairy cow lending program. For the People's Committees of communes and wards, they confirm the loan applications of people according to the work settlement procedures to create conditions for the poor and policy beneficiaries to access social policy credit capital in a timely manner.

News and photos: Quoc Viet

Source: https://baotuyenquang.com.vn/thoi-su-chinh-tri/tin-tuc/202508/tong-du-no-tin-dung-chinh-sach-uy-thac-qua-cac-to-chuc-chinh-tri-xa-hoi-dat-10424-ty-dong-9c70188/