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The City: In the first quarter of 2021, more than 8.6 billion VND of the government’s preferential loan capitals were disbursed

In the morning of April 23, the Representative Committee of the Board of Directors (BOD) of Bank for Social Policies (VBSP) in Thai Binh city held the second meeting to evaluate the results of the first quarter's activities and implement the direction, tasks in the second quarter of 2021.




The Leader of the City People's Committee spoke at the meeting

By the end of March 2021, in the city, there were 4,616 poor households and other policy beneficiaries who were borrowing preferential loans from the Government with a total outstanding loan of more than 176 billion VND, increasing by 0.22% compared to the previous year as of December 31, 2020, reaching 92.67% of the 2021 plan; in which disbursed revenue reached more than 8.6 billion VND with 300 borrowers, debt collection reached more than 8.2 billion VND. Along with the timely delivery of preferential credit to the poor and policy beneficiaries, the Board of Directors of Thai Binh City Bank for Social Policies also focused on inspecting and supervising to improve the quality of credit. In the first quarter of 2021, the members of the Representative Board carried out inspections in 1 ward, 18 villages and residential clusters, 24 savings and loan groups, checked and compared 178 households with the total amount of more than 6.9 billion dong.

Transaction activities of VBSP in Dong My commune (Thai Binh city). 

In the coming time, the Party committees, administrations of communes and wards and the city's associations and mass organizations will strengthen their needs review on that basis, focus on completing the loan disbursement documents to ensure the right subjects; focus on urging the recovery of due and overdue debts in order to create capital for revolving loans. Along with that, VBSP’s Provincial Branch continued to well implement Directive No. 40 of the Secretariat on strengthening the Party's leadership in social policy credit; strengthen propaganda of guidelines and policies of the Party and State related to policy credit for all people to know and implement; at the same time, maintain serious and quality transaction activities in communes and wards, on that basis, timely grasp and remove difficulties and obstacles in preferential loans at grassroots level.


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