Total outstanding policy credit in the first 6 months of the year reached nearly 7,000 billion VND | QUANG NAM ONLINE NEWSPAPER

Báo Quảng NamBáo Quảng Nam26/07/2023


(QNO) - This afternoon, July 26, Vice Chairman of the Provincial People's Committee Tran Anh Tuan - Head of the Board of Representatives of the Provincial Bank for Social Policies (BSP) chaired a meeting to evaluate the implementation of tasks in the first 6 months of the year and deploy tasks for the third quarter of 2023.

Scene of the meeting to evaluate the implementation of tasks in the first 6 months of the year and deploy tasks for the third quarter of 2023. Photo: Q.VIET
The Board of Directors of the Provincial Bank for Social Policies held a meeting to evaluate the implementation of tasks in the first 6 months of the year and deploy tasks for the third quarter of 2023. Photo: Q.VIET

According to the report, the total outstanding policy credit balance as of June 30 reached nearly VND7,000 billion (an increase of more than VND491 billion compared to the beginning of the year, an increase of 7.9%, completing 88% of the plan) with 138,358 customers with outstanding loans.

The provincial branch of the Bank for Social Policies controls well the due debts, maintains the credit quality; organizes and implements well the solutions to improve the quality of operations of loan groups and commune transaction points; coordinates with associations and unions to handle well the risky debts due to objective reasons for borrowers.

The provincial branch of the Bank for Social Policies provides capital to poor households and beneficiaries at the transaction point in Cam An ward (Hoi An). Photo: Q.VIET
The provincial branch of the Bank for Social Policies provides capital to poor households and beneficiaries at the transaction point in Cam An ward (Hoi An). Photo: Q.VIET

As of June 30, the total overdue debt and debt rescheduled of all branches of the provincial Social Policy Bank was over 11 billion VND (accounting for 0.16% of total outstanding debt). There were 2 units that continued to maintain no overdue debt, namely Hoi An and Phuoc Son, and 9 units that reduced overdue debt compared to the beginning of the year (Phu Ninh, Tay Giang, Que Son, Thang Binh, Dai Loc, Nui Thanh, Tien Phuoc, Nam Giang, Nong Son).

Bac Tra My people develop forest economy thanks to policy capital. Photo: Q.VIET
Bac Tra My people develop forest economy thanks to policy capital. Photo: Q.VIET

Vice Chairman of the Provincial People's Committee Tran Anh Tuan assessed that in the past 6 months, the provincial branch of the Bank for Social Policies has proactively followed the resolutions of the Board of Directors of the Provincial Bank for Social Policies, the directions of local authorities at all levels, and strived to excellently complete the assigned tasks.

The activities of the Bank for Social Policies ensure safety, credit quality is well maintained, outstanding loans grow by 7.9%, promptly meeting the capital needs of poor households, near-poor households, newly escaped poverty households and other policy beneficiaries.

Policy credit helps mountainous people develop socio-economy. Photo: Q.VIET
Policy credit helps mountainous people develop socio-economy. Photo: Q.VIET

Mr. Tran Anh Tuan requested the provincial Social Policy Bank system to continue to actively advise local Party committees and authorities at all levels to effectively implement Directive No. 40, Conclusion 06 of the Secretariat, and Decision 1630 of the Prime Minister in the new period.

Based on the Strategy for developing provincial branches of the Bank for Social Policies to 2030 issued by the Provincial People's Committee, the Transaction Offices proactively coordinate with relevant departments and units to advise the District People's Committees to issue a plan to implement the Strategy for developing district-level Bank for Social Policies Transaction Offices to 2030, focusing on prioritizing the allocation of local budgets entrusted to the Bank for Social Policies to supplement capital sources for the poor and policies to borrow capital.

Regarding the implementation of the credit plan, review capital needs and request additional central capital sources to promptly meet capital needs for loans to poor households, near-poor households, and households that have just escaped poverty, especially meeting capital needs according to Resolution No. 11 of the Government. At the same time, focus on disbursing student programs to ensure the right beneficiaries and do a good job of collecting due debts for revolving loans in the third quarter of 2023...



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