The State Bank of Vietnam (SBV) provincial branches in Bac Ninh and Tuyen Quang held conferences on 16–17 January 2025 to roll out the local banking sector’s 2025 work programme, alongside a review of 2024 performance. The discussions reiterated an emphasis on directing credit to production and business and other government priority areas, while maintaining tight control over risks. In Bac Ninh, total outstanding credit reached VND 195.1 trillion by end-2024, up 19.5% from end-2023, with an on-balance-sheet non-performing loan ratio of 0.6%. The branch highlighted implementation of SBV and government mechanisms and policies, including bank–business connectivity initiatives and measures to support customers affected by natural disasters and epidemics. In Tuyen Quang, local deposit mobilisation increased 14.1% in 2024 and credit rose 19.9%, with a non-performing loan ratio of 0.5%; the credit mix was oriented toward priority sectors, and lending to potentially higher-risk areas was closely controlled. Provincial leaders and SBV branch heads called on local banks to align with directives from the government, SBV and provincial authorities in executing the agreed 2025 tasks and solutions, and Bac Ninh’s branch and selected institutions and individuals received provincial commendations.
State Bank of Vietnam 2025-01-21
State Bank of Vietnam branches in Bac Ninh and Tuyen Quang set 2025 banking tasks after reporting around 20% credit growth and sub-1% NPLs
The State Bank of Vietnam's branches in Bac Ninh and Tuyen Quang held conferences to review 2024 performance and outline the 2025 work programme, emphasizing credit direction to priority sectors while controlling risks. Bac Ninh reported a 19.5% increase in total outstanding credit to VND 195.1 trillion by end-2024, with a non-performing loan ratio of 0.6%. Tuyen Quang saw a 14.1% rise in deposit mobilisation and a 19.9% increase in credit, maintaining a non-performing loan ratio of 0.5%.