(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.

 

 

Related Topics


Da Giang pedestrian street bustling with River of Light Vol 2 art performance

The People's Committee of Hoa Binh city, in collaboration with ZaiZai Media, organised an art performance programme themed ‘Dong song anh sang Vol 2' (River of Light Vol 2) at a stage in the Da Giang pedestrian street on February 22 evening. The programme was attended by representatives from local agencies and organisations, and crowds of local residents.

A Trusted Healthcare Institution for the People

These days, alongside the national healthcare sector, the staff, doctors and nurses of Hoa Binh Provincial General Hospital are engaging in the meaningful activities to commemorate the 70th anniversary of Vietnamese Doctors' Day (February 27, 1955 – February 27, 2025).

Dao ethnic village sees major changes

Dang Long village of the Dao ethnic people in Hung Son commune of Kim Boi district has seen remarkable changes. Solid concrete roads now connect the area, flanked by lush pomelo orchards. The lives of the Dao people have significantly improved.

Hoa Binh makes progress in enforcing 2024 Land Law

Following the 2024 Land Law coming into effect, Hoa Binh province has made significant progress in enforcing the law in day-to-day practices. With close oversight and strong coordination across local agencies, the implementation of the law has become more methodological, leading to noticeable improvements in land management.

The Labor Union of Lac Son District: Sharing love with the employees

As one of the units with a large number of union members and employees, Lac Son District’s Labor Union has implemented many meaningful and humane activities and programs to bring a warm and full spring to the employees, the civil servants and the laborers. Thereby, it aims to encourage and motivate the union members and laborers to try to compete in labor production, successfully completing the tasks at the agencies, units and enterprises.