Representative Board of Directors - Social Policy Bank of Bac Kan province worked in Bach Thong district

Ms. Trieu Thi Thuy, Chairwoman of the Provincial Women's Union, member of the Board of Directors of the Provincial Bank for Social Policies, spoke at the meeting.

In the past time, the Board of Directors - Bach Thong District Social Policy Bank has performed well the assigned tasks, lending credit programs in the area to ensure the right subjects and correct business processes. The total capital implemented by April 30, 2025 is 454,450 million VND, an increase of 4,137 million VND compared to December 31, 2024, a growth rate of 0.9%. Deposits of organizations and individuals: 32,900 million VND; Deposits of members of savings and credit groups are over 11,200 million VND.

Regarding credit quality: Total bad debt accounts for 0.1% of total outstanding debt. Creating conditions for 1,053 poor households, 1,306 near-poor households, 501 newly escaped poverty households, 1,224 production and business households in difficult areas to have capital to invest in production development, stabilize their lives; 96 students were able to borrow capital to buy computers, cover study expenses; build and renovate 2,313 clean water and sanitation works; create stable jobs for 1,433 workers from the National Employment Fund...

The delegation inspected households borrowing capital in Nguyen Phuc commune (Bach Thong).

The loan capital of the Vietnam Bank for Social Policies has become a solid support for poor households, near-poor households and other policy beneficiaries, creating the premise and motivation to help local households stabilize their lives.

Previously, the delegation inspected policy credit activities with the Poverty Reduction Committee, the commune-level entrusted mass organizations, and the Savings and Credit Group; and inspected the actual use of loans at some households in Nguyen Phuc commune...

Concluding the working session, the Head of the Inspection and Supervision Delegation acknowledged and highly appreciated the achievements of the Board of Directors - Social Policy Bank of Bach Thong district. In the coming time, the Board of Directors - Social Policy Bank of the district needs to continue to promote propaganda on the State's preferential credit policy for poor households and policy beneficiaries. Strengthen inspection and supervision of the management and use of loans, strictly comply with the repayment of principal and interest according to regulations, constantly consolidate and improve credit quality to promote the effectiveness of capital sources, contribute to ensuring social security, sustainable poverty reduction, job creation, and improving people's lives./.

Dao Kien

Source: https://baobackan.vn/ban-dai-dien-hdqt-nhcsxh-tinh-bac-kan-lam-viec-tai-huyen-bach-thong-post70936.html