(HBO) – The Hanoi branch of the Agriculture Bank Insurance joint Stock Corporation (ABIC) has paid bancassurance compensations to the families of five dead clients of the Vietnam Bank for Agriculture and Rural Development (Agribank)’s branch in Kim Boi district. The customers joined ABIC credit insurance while borrowing loans from the Agribank. ABIC Hanoi and representatives of the borrowers’ families paid all the loans to Agribank Kim Boi.
Representatives from ABIC Hanoi, Agribank
Hoa Binh and Agribank Kim Boi paid compensations equivalent to 100 percent of
the loans to families of the dead clients.
The total bancassurance compensations that ABIC paid to the five families
were nearly 488 million VND (19,264 USD). Specifically, Bui Van Thieu’s family
in Nam Thuong commune received over 31 million VND; Bui Van Huynh’s in Vinh
Dong commune got over 41.2 million VN; Dinh Cong Tho’s in My Hoa commune was
paid 102 million VND; Bui Van Kien’s in Cuoi Ha commune got nearly 103 million
VND; and Tran Van Canh’s in Bo town received nearly 202 million VND.
According to a representative of the ABIC Hanoi, with
the deepest sympathies to the families of the dead clients of Agribank Kim Boi,
ABIC Hanoi paid 100 percent of the loans the customers borrowed from the bank.
ABIC Hanoi hopes to ease the difficulties and great loss that the families
face, helping them to stabilise and rise in economic development, said the
representative.
Since the credit insurance "Bao An Tin Dung” product
was launched in Kim Boi, the ABIC Hanoi has paid compensations totaling 2.8
billion VND to 125 customers.
In 2018, ABIC Hanoi compensated 22 families of clients
with 820 million VND. Currently, Agribank Kim Boi annually serves about 4,800
borrowers who also joined Bao An Tin Dung insurance provided by ABIC Hanoi.
With an allocation of 44 billion VND (1.72 million USD) under the national target programme on socio-economic development in the ethnic minority-inhabited and mountainous areas for the 2021-2025 period, Hoa Binh city has invested in the target areas, creating many changes in the living conditions of local ethnic minority communities.
The social security system at all levels in Hoa Binh province has been making concerted efforts to ensure benefits of citizens and workers when they participate in social insurance and health insurance.
With the motto "for the interests of the union members and employees”, in 2024, Tan Lac District’sLabor Federation has implemented many activities towards the grassroots. They have been paying attention and protecting the legitimate and the legal rights of the union members, employees, the civil servants, and laborers, which has been contributing to motivating and encouraging the spirit of the union members and the laborers to enthusiastically compete in labor production, actively contributing to the development of the agencies, units and enterprises.
On December 23, the Department of Education and Training held a meeting to encourage the selected team participating in the national high school excellent student competition for the school year of 2024-2025. There was the attendance of Mr. Nguyen Van Chuong, the Vice Chairman of the Provincial People's Committee.
