Improve credit quality

In the context of increasingly deep integration, 37 banks in Thai Nguyen have been affirming their important role in providing capital for the local economy. After administrative merger, mobilization and lending activities in the area have not only grown in scale but also focused on quality, ensuring safe and sustainable development.

Transaction at Joint Stock Commercial Bank for Investment and Development of Vietnam - Bac Kan Branch.

According to the State Bank of Region 5, by July 31, 2025, the mobilized capital of credit institutions (CIs) in Thai Nguyen reached VND 143,153 billion, accounting for 62.6% of the total capital of the State Bank of Region 5, an increase of 6.4% compared to the end of 2024; It is estimated that by August 31, 2025, the mobilized capital of Thai Nguyen province will reach VND 144,750 billion, accounting for 62.7% of the capital of the State Bank of Region 5, an increase of 7.54% compared to the end of 2024.

Stable and growing mobilized capital is an important basis for credit expansion, serving the production and business needs of enterprises and people's lives.

Lending activities also recorded many positive results. Outstanding loans in the whole province reached 152,118 billion VND, an increase of 13.55% compared to the end of 2024, higher than the average credit growth rate of the whole industry (9.64%); Estimated by August 31, 2025, it will reach 153,500 billion VND, an increase of 14.58% compared to the end of 2024 (equal to 97.2% compared to the credit growth plan according to the Economic Growth Scenario for 2025 of the Thai Nguyen Provincial People's Committee).

Notably, credit flows continue to focus on production, business, priority sectors and economic growth drivers, in line with the orientation of the Government and the Prime Minister. This strong growth momentum is supported by the continued slight decrease in lending interest rates, the synchronous implementation of many preferential credit packages and the promotion of bank-enterprise connection programs, helping capital flow to people and businesses in a timely manner.

Research at many enterprises and cooperatives shows that credit capital is being effective. Ms. Nguyen Thi Hoan, Director of Tai Hoan Cooperative, Con Minh Commune, shared: Having timely access to bank capital, our cooperative has the conditions to invest in machinery and equipment systems. This not only helps improve product quality, but also creates opportunities to sign stable consumption contracts in domestic and foreign markets.

Mr. Le Quang Huy, Director of the State Bank of Region 5, said: In general, we aim to increase credit growth while controlling quality. The bad debt ratio in the whole area is currently maintained at 1.8%, showing the initiative of the banking system. In the coming time, the banking industry will continue to prioritize capital for areas that are strengths of the locality such as agriculture, rural areas, small and medium enterprises, private economy, export, processing and manufacturing industry, etc.

To improve credit quality, the banking system in Thai Nguyen province continues to promote cash flow appraisal, apply risk management according to international standards and expand comprehensive finance for small enterprises, cooperatives and production households. At the same time, strengthen coordination between banks and local authorities to provide information transparency, support businesses to standardize management and accounting so that credit can be most effective.

Source: https://baothainguyen.vn/kinh-te/202509/nang-cao-chat-luong-tin-dung-2a829cf/