Total policy credit capital by December 31, 2023 reached more than 346 trillion VND, an increase of more than 49 trillion VND (equivalent to 17%) against 2022, according to the Vietnam Bank for Social Policies (VBSP).
Some 485,000 poor and near-poor households gained access to loans from the Vietnam Bank for Social Policies (VBSP), worth about 21.86 trillion VND (932.17 million USD) in total, in the first three months of this year.
Over 20 years, Vietnam Bank for Social Policies has allowed the government to help the poor and other policy beneficiaries gain access to policy credit.
Credit growth reached about 13% this year as of December 27, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu told a press conference in Hanoi on tasks for the banking sector next year.