Business
About 1.1 million clients provided social policy loans in first six months of 2015
According to the Vietnam Bank for Social Policy, the total capital of preferential loans, which were provided for 1.1 million clients, reached 23.8 trillion VND in the first half of this year.
The bank said, the loans enabled 660,000 students to pursue their studies, created 162,000 jobs including 3,400 abroad, and helped build 8,000 flood-proof houses in the Mekong Delta region.
As of June 30, 2015, the bank's total capital reached 141 trillion VND, up 3.6% compared to 2014. Of which, entrusted capital from local budgets amounted to 4.4 trillion VND.
The bank’s outstanding loans were valued at 136 trillion VND, up 6.23 trillion VND from the end of 2014, accounting for 78% of the plan approved by the Prime Minister. The rate of overdue debt was 0.84%.
Illustrative image
|
The bank’s outstanding loans were valued at 136 trillion VND, up 6.23 trillion VND from the end of 2014, accounting for 78% of the plan approved by the Prime Minister. The rate of overdue debt was 0.84%.
