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Inspection team works with Quảng Ngãi Bank for Social Policies

On October 23, an inspection team from the Board of Directors of the Việt Nam Bank for Social Policies, led by Nguyễn Mạnh Tú, Member of the Board and Head of the Supervisory Board, worked with the Quảng Ngãi Bank for Social Policies on the branch’s operations.

Vice Chairman of the Provincial People’s Committee and Head of the Board of Directors of the Provincial VBSP, Nguyễn Ngọc Sâm, received the delegation.

As of September 30, 2025, total capital reached VNĐ 11,344 billion, up 8.3 per cent compared to December 31, 2024.

Loan disbursement in the first nine months totaled over VNĐ 2,939 billion, with outstanding loans reaching VNĐ 11,323 billion, serving 177,630 customers.

Policy credit supported 50,734 poor and vulnerable households, created jobs for 14,489 workers, and provided loans to 258 disadvantaged students, along with 13 graduate-level students under Government Decision 29/2025/QĐ-TTg.

Speaking at the meeting, Vice Chairman Nguyễn Ngọc Sâm emphasized that inspections help evaluate policy credit effectiveness, promptly address shortcomings, and ensure these programs continue to support social welfare and sustainable development in the province.

PPC’s Vice Chairman Nguyễn Ngọc Sâm speaks at the meeting

Concluding the session, Nguyễn Mạnh Tú acknowledged Quảng Ngãi’s close oversight and requested the Quảng Ngãi branch continue coordinating with local organizations, expand preferential credit programs, strengthen loan-group management, and proactively implement new credit products.

Nguyễn Mạnh Tú directs the meeting

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