(QNO) - This afternoon, July 26, Vice Chairman of the Provincial People's Committee Tran Anh Tuan - Head of the Board of Directors of the Provincial Social Policy Bank (PSB) chaired a meeting to evaluate the implementation of tasks in the first 6 months of the year and deploy tasks for the third quarter of 2023.
According to the report, the total outstanding policy credit balance as of June 30 reached nearly VND7,000 billion (an increase of more than VND491 billion compared to the beginning of the year, an increase of 7.9%, completing 88% of the plan) with 138,358 customers with outstanding loans.
The provincial branch of the Social Policy Bank controls well the due debts, maintains the credit quality; organizes and implements well the solutions to improve the quality of operations of loan groups and commune transaction points; coordinates with associations and unions to handle well the risky debts due to objective reasons for borrowers.
As of June 30, the total overdue debt and debt write-off of all branches of the Provincial Social Policy Bank was over 11 billion VND (accounting for 0.16% of total outstanding debt). There were 2 units that continued to maintain no overdue debt, namely Hoi An and Phuoc Son, 9 units reduced overdue debt compared to the beginning of the year (Phu Ninh, Tay Giang, Que Son, Thang Binh, Dai Loc, Nui Thanh, Tien Phuoc, Nam Giang, Nong Son).
Vice Chairman of the Provincial People's Committee Tran Anh Tuan assessed that in the past 6 months, the Provincial Social Policy Bank branch has proactively followed the resolutions of the Provincial Social Policy Bank Board of Directors, the directions of local authorities at all levels, and strived to excellently complete the assigned tasks.
The activities of the Social Policy Bank ensure safety, credit quality is well maintained, outstanding loans grow by 7.9%, promptly meeting the capital needs of poor households, near-poor households, newly escaped poverty households and other policy beneficiaries.
Mr. Tran Anh Tuan requested the provincial Social Policy Bank system to continue to actively advise local Party committees and authorities at all levels to well implement Directive No. 40, Conclusion No. 06 of the Secretariat, and Decision No. 1630 of the Prime Minister in the new period.
Based on the Strategy for developing provincial branches of the Social Policy Bank to 2030 issued by the Provincial People's Committee, the Transaction Offices proactively coordinate with relevant departments and units to advise the District People's Committees to issue a plan to implement the Strategy for developing district-level Social Policy Bank Transaction Offices to 2030, focusing on prioritizing the allocation of local budgets entrusted to the Social Policy Bank to supplement capital sources for the poor and policies to borrow capital.
Regarding the implementation of the credit plan, review the capital demand and request additional central capital sources to promptly meet the capital demand for loans to poor households, near-poor households, and households that have just escaped poverty, especially meeting the capital demand according to Resolution No. 11 of the Government . At the same time, focus on disbursing the student program to ensure the right beneficiaries and do a good job of collecting due debts for revolving loans in the third quarter of 2023...
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