Thuan An City branch of Social Policy Bank disburses more than VND122 billion of loans

In the first 6 months of 2021, Thuan An City branch of Social Policy Bank disbursed loans for 1,957 poor, near-poor households and policy beneficiaries with a total loan of more than VND122 billion. As of June 30th 2021, the total outstanding loan of this branch reached VND 485.5 billion, with 8,485 household borrowers, an increase of VND 52.7 billion compared to 2020.

Thuan An City Bank for Social Policy Transaction Office cooperated with mass organizations at all levels to establish 162 savings and loan groups, regularly instructed borrowers to use capital for right purposes, effectively, constantly consolidated and improved the quality of credit activities for social policies; at the same time, focused on inspection and supervision, assisted borrowers in sustainable economic development, contributing to ensuring social security in the city.

Reported by V.Tien, Q.Khai - Translated by Ngoc Huynh