Thai Nguyen: Highest credit growth in the past 5 years

In the first 6 months of 2025, credit activities in Thai Nguyen province recorded impressive growth, affirming its role as a "support" for socio-economic recovery and development.

Capital mobilized by credit institutions in Thai Nguyen province (after the merger) reached VND 144,697 billion, an increase of 7.5% compared to the end of 2024.

As of the end of June, outstanding loans in the whole province reached VND 152,584 billion, an increase of 13.89% compared to the end of 2024 - the highest increase in the past 5 years and far exceeding the national average (9.9%).

According to the State Bank of Region 5, this result exceeded 98.4% of the credit growth scenario and reached nearly 93% of the yearly plan set by the People's Committee of Thai Nguyen province. Credit continues to focus on key areas such as production and business, agriculture - rural areas, small and medium enterprise development, and social housing, contributing to creating a driving force for sustainable growth.

Developing small and medium enterprises is one of the areas that has received priority in credit capital in recent years.

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-business connection programs, helping capital flow promptly to people and businesses.

Currently, the bad debt ratio in the whole area is maintained at 2% of total outstanding debt, which is considered within the safe threshold but still needs to be strictly controlled to ensure credit quality.

With positive signals, Thai Nguyen banking industry sets the target of credit growth reaching about 18% in 2025, continuing to play an important role in promoting production, consumption and enhancing the competitiveness of the local economy .

Source: https://baothainguyen.vn/thoi-su-thai-nguyen/202507/thai-nguyen-tang-truong-tin-dung-cao-nhat-5-nam-qua-5181e4c/