Region 12 needs to increase credit scale by about 189,000 billion VND

On April 1, the State Bank of Vietnam (SBV) held the Announcement of the Decision to establish and launch SBV Region 12 and the Conference "Promoting bank credit to contribute to economic growth of Region 12" in Dong Nai.

The conference on promoting bank credit to contribute to economic growth in Region 12 took place in Dong Nai. (Photo: Dai Viet)

According to the State Bank, in Region 12 there are 227 level 1 bank branches of 47 banks; 790 level 2 branches and affiliated transaction offices; 73 People's Credit Funds... Regarding personnel, the State Bank of Region 12 has 197 people.

Region 12 in the Southeast region is a dynamic economic region of the country, with great influence thanks to its outstanding development in the fields of processing industry, logistics services and urbanization, making a great contribution to economic growth, attracting foreign investment and creating jobs.

Outstanding credit balance of Region 12 as of the end of March 2025 is estimated at nearly VND 1.19 million billion, up 0.86% compared to the beginning of the year. Of which, Dong Nai and Ba Ria Vung Tau recorded good growth, the remaining provinces had a slight decrease compared to the beginning of the year. Credit for priority sectors continued to grow steadily.

The representative of the State Bank stated that in order to contribute to the achievement of the economic growth target of the whole country at least 8% and 5 provinces of the Region from 8%-10%, the State Bank has set a target of 16% national credit growth (ie an increase of 2.5 million billion VND). With this general growth rate, Region 12 needs to increase the credit scale by about 189,000 billion VND. This is a challenge that requires the efforts of the entire banking sector, cooperation from customers, businesses and support from the political system in general, especially the attention of local authorities.

Also according to the State Bank, the preferential interest rate credit package for the forestry and fishery sectors in Region 12 continues to be disbursed well, and the preferential credit package of 145,000 billion VND for social housing loans after a period of drastic implementation has also begun to generate outstanding loans.

The restructuring of debt repayment terms and maintaining the debt group according to Circular 02/2023/TT-NHNN has been effectively implemented in the past time, directly supporting customers in overcoming difficulties, contributing to promoting recovery and positively contributing to the development of the local economy.

The Policy Bank system in Region 12 is currently providing credit to poor households, near-poor households, and policy beneficiaries under 21 credit programs. As of February 28, 2025, outstanding loans at the Social Policy Bank system in the region reached VND 25,470 billion.

DAI VIET

Source: https://vtcnews.vn/khu-vuc-12-can-tang-quy-mo-tin-dung-khoang-189-000-ty-dong-ar935151.html