Social policy credit in Dak Lak is maintained stably.

On August 22, the working delegation of the Vietnam Bank for Social Policies (VBSP) led by Mr. Huynh Van Thuan, Deputy General Director of VBSP worked with the Dak Lak Provincial Branch of VBSP on the results of policy credit activities in the province after rearranging administrative units and implementing the 2-level local government model.

Dak Lak province has a natural area of ​​18,096.4 km2, with 102 commune-level administrative units and 2,801 villages, hamlets and residential groups. The population of the province is 3,346,853 people, of which the poverty rate is 5.08% and near-poor rate is 5.4%.

Mr. Dao Thai Hoa, Director of the Dak Lak branch of the Social Policy Bank, said that after the reorganization, the commune's transaction activities continued to be maintained smoothly with 287 transaction points and a stable transaction schedule. The branch has advised the Provincial People's Committee to add 35 billion VND of capital entrusted from the local budget through the Social Policy Bank to lend to poor households and other policy beneficiaries, bringing the total capital entrusted from the local budget to 1,163.6 billion VND, an increase of nearly 247 billion VND compared to December 31, 2024, accounting for 8.38% of the total capital.

Deputy General Director of the Vietnam Bank for Social Policies Huynh Van Thuan (second from left) and the working delegation visited the loan usage model of the borrowers.

Up to now, the outstanding policy credit balance in the province has reached more than 13,710 billion VND, an increase of 866 billion VND compared to the end of 2024, with 252,320 customers with outstanding debt. Credit quality has been improved. Entrustment activities through socio- political organizations continue to be well implemented with 6,223 Savings and Loan Groups, the total outstanding policy credit balance jointly managed by socio-political organizations is 13,675 billion VND; accounting for 99.75%.

Social Policy Bank works with Dak Lak branch

Speaking at the meeting, Deputy General Director of the Social Policy Bank Huynh Van Thuan acknowledged the achievements in social policy credit work in Dak Lak province. In the coming time, the Provincial Branch of the Social Policy Bank needs to implement preferential credit programs to ensure safety, efficiency, and timely response to the loan needs of poor households and other policy beneficiaries; continue to maintain a stable network of transaction points and improve the quality and efficiency of operations at transaction points; coordinate with political and social organizations to continue to strengthen the quality of post-merger trust activities; at the same time, strengthen inspection and supervision of Savings and Loan Groups and grassroots trust organizations.

On the same day, the working delegation attended the transaction session in Ea Tul commune, worked with the People's Committee of the commune and the Transaction Office of the Vietnam Bank for Social Policies Cu M'gar. The leaders of the Vietnam Bank for Social Policies requested that in the coming time, the Transaction Office of the Vietnam Bank for Social Policies Cu M'gar focus on disbursing loans to complete 100% of the assigned outstanding loan plan target; coordinate with the Police to ensure security and order at the transaction point; effectively implement the organization of activities at the commune transaction point; coordinate with local authorities and entrusted socio-political organizations to regularly review the loan needs of subjects in the area, continue to synchronously implement solutions to consolidate and improve credit quality in the communes.

The working group inspected at the Ea Tul transaction point.

He requested the Ea Tul commune government to pay attention to and ensure transaction conditions, creating conditions for people to access capital; review subjects in need and eligible to borrow capital to work with the Vietnam Bank for Social Policies to lend to serve production and people's lives; work with associations and unions to maintain a network of savings and loan groups in villages and hamlets to improve the effectiveness of policy credit work.

During the working program, the delegation visited and inspected the capital usage model of Mr. Y Bhiông Êban - a borrower in Sah B village, Ea Tul commune.

Source: https://baodaklak.vn/kinh-te/202508/tin-dung-chinh-sach-xa-hoi-tai-dak-lak-duoc-duy-tri-on-dinh-ee91963/