On December 31, Comrade Nguyen Van Thi, Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee, came to congratulate the State Bank - Thanh Hoa Branch (SBV Thanh Hoa) and the Bank for Investment and Development - Lam Son Branch (BIDV Lam Son) on their 2024 settlement tasks.

Standing Vice Chairman of the Provincial People's Committee Nguyen Van Thi presented flowers to congratulate the year-end financial settlement at the State Bank - Thanh Hoa Province Branch.

In 2024, the State Bank of Thanh Hoa focused on directing credit institutions in the area to direct credit to production, business, priority sectors and economic growth drivers according to the Government's policy; ensuring safe and effective credit activities. At the same time, continue to strictly control credit to potentially risky sectors, creating favorable conditions for businesses and people to access bank credit capital.

Standing Vice Chairman of the Provincial People's Committee Nguyen Van Thi presented flowers to congratulate the year-end financial settlement at BIDV Lam Son.

The banking sector’s operations have contributed to controlling inflation, maintaining macroeconomic stability, supporting the province’s socio-economic recovery and development, and promptly adapting to market developments. Accordingly, the province’s economy continues to recover and grow positively.

In 2024, the entire banking system mobilized VND 186,583 billion (excluding development banks), with a growth rate of 9.5%; total outstanding loans in the whole area are estimated at VND 220,030 billion, up 13.2% over the beginning of the year. This is an important resource to support production, business and consumption of people and businesses, contributing to the socio-economic development of the province.

The banking industry also promotes digital transformation and actively reforms administration to ensure the rights of customers and people, contributing to local socio-economic development.

Director of State Bank - Thanh Hoa Province Branch reports on the activities of Thanh Hoa Banking sector.

Overview of the working session at the State Bank of Thanh Hoa.

2024 is also the year that the banking industry makes many positive contributions to social security activities, targeting the poor and policy beneficiaries.

Joining hands to eliminate temporary and dilapidated houses, the Banking sector has registered to support the construction of 100 houses for poor households. At the same time, it supports public welfare projects in poor communes such as schools, medical stations, and roads with a total value of hundreds of billions of VND. Units in the sector have joined hands with the whole country to support cash and goods for those affected by Typhoon Yagi with a total value of nearly 3 billion VND...

Standing Vice Chairman of the Provincial People's Committee Nguyen Van Thi congratulated the completion of the 2024 settlement at BIDV Lam Son.

At BIDV Lam Son Branch, as of December 31, outstanding credit reached over VND7,380 billion, an increase of 8.3%. The unit has effectively implemented many activities to share difficulties, support people and businesses; be flexible in lending, support customers; expand banking sectors, bring high efficiency, reduce bad debt, and contribute positively to the socio-economic development of the locality.

Standing Vice Chairman of the Provincial People's Committee Nguyen Van Thi presented gifts to congratulate the settlement at BIDV Lam Son.

Identifying digital transformation as an important development goal, from the beginning of 2024, BIDV Lam Son has promoted the development of digital banking products, such as: Smartbanking, ibank, credit cards... At the same time, guiding customers to increase the use of services on digital channels, reduce transactions at the counter, and guide customers to use applications, cards, and POS to promote cashless payments. In addition, the unit also implemented many social security programs with a funding source of 2.3 billion VND.

At the units visited, Standing Vice Chairman of the Provincial People's Committee Nguyen Van Thi acknowledged and praised all officers and civil servants of the banking sector for their efforts and determination in performing their tasks, making significant contributions to the socio-economic development of the province. The results achieved will create momentum, helping the units continue to successfully carry out their tasks in 2025 and the following years.

In 2025, the Standing Vice Chairman of the Provincial People's Committee requested the State Bank of Thanh Hoa to continue directing credit institutions to strive to successfully complete the targets, ensure safe and effective credit growth; focus credit on production sectors, priority sectors according to the Government's policies and key projects of the province; effectively implement monetary, credit and financial mechanisms and policies, contributing to supporting and removing difficulties for people and businesses, promoting the recovery and development of production and business; accompany local authorities to effectively carry out social security work...

Leaders of Thanh Hoa State Bank presented gifts to congratulate the settlement at BIDV Lam Son.

The Standing Vice Chairman of the Provincial People's Committee requested BIDV Lam Son Bank to continue to accompany the people, businesses and local authorities to develop banking activities more and more strongly, contributing positively to the stable growth of the province.

On the occasion of the New Year 2025, Permanent Vice Chairman of the People's Committee Nguyen Van Thi presented flowers and sent wishes of health and happiness to the collective of cadres, civil servants, public employees and workers at the two units. At the same time, he requested the collective of units to continue to unite and strive to successfully complete the assigned tasks, contributing to the development of the province.

Khanh Phuong