Efforts to ensure continuous policy credit operations

The restructuring of the organization in accordance with the 2-tier government model of the Vietnam Bank for Social Policies (VBSP) does not affect policy credit activities (TDCS), and people's transactions still take place normally. This is an effort that the VBSP system has coordinated with local authorities and socio-political organizations to achieve.

Trading atmosphere on the morning of July 17 at Phuc Tho Transaction Point (Phuc Tho Lam Ha commune)

After implementing the 2-level government, Lam Ha Social Policy Bank Transaction Office still maintains 16 transaction points and receives 1 more transaction point from Duc Trong Social Policy Bank Transaction Office, with a total outstanding debt of over 258 billion VND/134 groups/5,234 loan customers. From the beginning of July until now, Lam Ha Social Policy Bank Transaction Office has organized 9/17 transaction sessions. Ms. Chang Khanh Quynh Lan - Deputy Director of Lam Ha Social Policy Bank Transaction Office, said: Although the administrative boundaries have changed, the TDCS operating model from the perspective of the borrower is not affected. Borrowers still use the same policy loan book, the process of debt collection, interest collection, principal repayment, savings deposits... still takes place normally through savings and loan groups, on schedule at the former commune People's Committee headquarters, or the village hall, without any disruption, without interruption...

After the merger, the Lam Dong Provincial Social Policy Bank Branch renamed 25 transaction offices and established 2 new transaction offices; however, it still maintains the model of 329 transaction points, with 6,460 savings and loan groups in 124 communes, wards and Phu Quy special zone. According to Ms. Nguyen Thi Ngoc Thu - Acting Director of the Lam Dong Provincial Social Policy Bank Branch, all information in people's loan records stored in the system of the Social Policy Bank will be automatically updated according to the new location, people do not need to re-declare or perform any additional procedures and all loan rights are still guaranteed...

Capital from preferential credit programs in the first 6 months of 2025 has helped 11,043 poor households, near-poor households, and newly escaped-poverty households to borrow capital; create jobs, maintain and expand jobs for 14,524 workers; help 20,879 households borrow capital to build clean water works and standard toilets in rural areas, contributing to improving the living environment; build 136 houses; create conditions for 9,475 students in difficult circumstances to borrow capital to cover study expenses; support 63 households to borrow capital for socio-economic development in ethnic minority and mountainous areas, 141 households to borrow capital and people who have completed their prison sentences to borrow capital, thereby contributing to ensuring social security and socio -political stability in the province. The current capital source of the Vietnam Bank for Social Policies ensures to meet the capital needs of policy subjects to serve production and life development.

Trying to maintain transaction points and organize mobile transactions according to the prescribed days and hours is the commitment of the Social Policy Bank in the process of arranging administrative units. This policy helps ensure access to preferential loans, creating the most favorable conditions for people, especially people in remote areas... Up to now, despite the larger area, the Lam Dong Provincial Social Policy Bank Branch still maintains 329 transaction points, implementing 18 TDCS programs. From the beginning of July until now, the Lam Dong Provincial Social Policy Bank Branch has organized 164 transaction sessions in villages, communes, wards, and special zones; with loan turnover of over 39.8 billion VND/702 loan customers.

The Social Policy Bank also requires staff to continue to strengthen their capacity to serve the people; strive to overcome low targets in some areas, reduce overdue debts...; continue to deploy Mobile Banking services to customers; sign emulation agreements to implement planning targets and policy credit quality... Thereby, striving to complete tasks in the best way, contributing to promoting the growth target of the new Lam Dong province.

By July 1, 2025, the total capital of the Lam Dong Provincial Bank for Social Policies Branch reached 17,442 billion VND; of which, the balance of capital entrusted for investment in the locality reached 2,010 billion VND, accounting for 11.5% of the total capital. The total outstanding debt of the branch reached 17,401 billion VND with 289,729 borrowers; the outstanding entrusted debt reached 17,370 billion VND.

Source: https://baolamdong.vn/no-luc-bao-dam-hoat-dong-tin-dung-chinh-sach-lien-tuc-382712.html