(HBO) – The Representative Committee of the Board of Directors of the Vietnam Bank of Social Policy (VBSP) branch in Lac Son district held a conference to review credit activities in 2018 and launch tasks for 2019.
In 2018, outstanding loans under the branch’s 15
credit programmes in the district totalled 388.13 billion VND (16.73 million
USD), up 25.43 billion VND from the start of the year.
Leaders
of the VBSP provincial chapter present reward to 12 communes posting no overdue
debts in 2018.
The bank had a total of 18,115 customers in
the district, who were members of 492 saving and borrowing groups. On average,
each commune or town has 17 operating groups, with an average membership of 37 and
average outstanding loans worth 787 million VND each.
Twelve out of 29 communes and towns in Lac Son,
or 41.38 percent, recorded no overdue debts. As many as 402 groups received good
ratings, while 88 others gained fair ratings and two groups ranked average,
with no underperforming groups.
Social policy credit has provided financial
resources for more than 18,000 households living below or just above the
poverty line along with beneficiaries of the State’s preferential policy to
develop household production or business, thereby creating new jobs and
ensuring social welfare.
At the event, the VBSP branch in Lac Son
district outlined nine key tasks for 2019.
On the occasion, the bank’s provincial branch presented
rewards to 12 communes recording no overdue debts in 2018. Meanwhile, the
People’s Committee of the district handed over rewards to 11 collectives and 13
individuals with outstanding performance in social policy credit in 2018./.
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