The State Bank of Vietnam (SBV) branches in Bac Giang and Bac Kan held conferences on 08 and 06 January 2025 to review 2024 results and deploy 2025 tasks for local banking activity, including People’s Credit Funds (QTDND). The 2025 agenda centres on continued restructuring and non-performing loan resolution, strengthened internal governance and compliance updates, and quantitative growth and asset-quality targets for Bac Kan’s banking system as SBV prepares to streamline its provincial branch structure. In Bac Giang, the SBV branch reported 19 QTDNDs operating in the province and assessed their 2024 operations as stable, with low bad-debt levels and compliance with prudential safety ratios. Directions for 2025 include strict adherence to SBV monetary and banking regulations, continued implementation of the approved 2021–2025 restructuring plan linked to bad-debt handling, stronger internal control and internal audit, updates to charters and internal rules to align with the 2024 Law on Credit Institutions and related legal instruments, funding plans to meet local credit demand, and tighter management of important forms and negotiable instruments, particularly blank savings passbooks. In Bac Kan, the SBV branch reported end-2024 mobilised capital of VND 16.6 trillion (up 15.3% from end-2023) and outstanding credit of VND 15.605 trillion (up 21.4%), with a non-performing loan ratio of 0.37%. The 2025 plan targets 8–10% growth in both mobilised capital and credit and an NPL ratio below 3%, alongside continued digital transformation and cashless payments, reinforced payment-system security and customer data protection, and maintaining uninterrupted coverage and operations during organisational streamlining under Resolution 18-NQ/TW.

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