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Tan Uyen Town Transaction Office of Social Policy Bank to reach total loans of over 238 billion VND

Update: 11-12-2019 | 20:24:32

 According to Directors Board of Tan Uyen Town Social Policy Bank, in 2019 this unit implemented a full range of credit policy incentives by the government for poor, near-poor households, and other policy subjects. The total capital reached more than VND 242 billion, an increase of VND 48.9 billion; total loans reached more than VND 238 billion, up 23.3% compared to the beginning of this year.

During the year, the town transaction office disbursed for 2,603 households, raising their total number of households as borrowers to 6,819 households. Meanwhile, saving groups in the town also seriously performed business processes; appraisal of borrowers, credit quality were gradually improved; interest backlog, overdue debt were reduced compared to the beginning of this year; overdue debt rate was low.

Reported by Trung Nguyen - Translated by Ngoc Huynh

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