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Economics

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Policy capital resources to timely support business and production operations in Thuan An city

In the 9 months of 2021, the Bank for Social Policies of Thuan An city continued to direct the strict implementation of Covid-19 epidemic prevention and control and at the same time deploy and fully, promptly and effectively implement programs of locally preferential credit.

Total loans as of September 30, 2021 reached more than VND 509 billion, an increase of 17.7% compared to 2020. The transaction office of the city Bank for Social Policy has disbursed to 2,148 turns of poor households and other beneficiaries along with other policy objects at total loan amount of more than VND 135 billion, total outstanding loans of more than VND 488 billion with 8,507 borrowers. In which, the outstanding loans of credit programs from the central capital source are VND 204 billion, accounting for nearly 42% of the total outstanding loans; outstanding loans of credit programs under entrusted capital from the local budget are more than VND 284 billion, accounting for more than 58% of the total outstanding loans.

Reported by Van Tien – Translated by Vi Bao

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