Disbursement of 664 billion VND/20,000 poor households and policy beneficiaries

Since the beginning of the year, the Binh Thuan Provincial Bank for Social Policies has mobilized VND 543.5 billion in deposits, an increase of VND 41.9 billion compared to the beginning of the year, reaching 139.9% of the assigned plan; of which: Deposits from organizations and individuals are VND 270.3 billion, an increase of VND 11.8 billion compared to the beginning of the year, completing 59% of the assigned plan.

In particular, implementing Official Dispatch No. 1767 dated May 22, 2023 of the Provincial People's Committee on implementing the plan to mobilize savings deposits to join hands for the poor, in the peak month from June 1 to 30, 2023, 976 customers/29.3 billion VND were mobilized.

Thanks to preferential credit sources, many families have stable economies .

In the first 6 months of the year, the whole province focused on disbursing 664 billion VND to more than 20,000 poor households and other policy beneficiaries, equal to 80.09% compared to the same period last year. The total outstanding debt of policy credit programs reached 4,194.4 billion VND with 109,500 poor households, near-poor households and policy beneficiaries still having outstanding debt, an increase of 282.2 billion VND compared to the beginning of the year, completing 86.74% of the assigned outstanding debt growth plan.

A household in Song Binh commune has access to policy capital to grow mangoes for economic development.

In addition, the local trust source reached 266.8 billion VND, an increase of 41.9 billion VND, of which the provincial budget source added 16.5 billion VND, the budget source of districts, towns and cities added 23.3 billion VND and 2.1 billion VND from interest from capital sources. Regarding credit quality, the units coordinated with the entrusted socio- political organizations, local authorities focused on synchronously implementing solutions, thereby a number of indicators to assess credit quality in communes and towns were raised; the rate of overdue debt and frozen debt accounted for 0.4%, debt at risk due to objective reasons was promptly handled.

Mr. Van

Source: https://baobinhthuan.com.vn/giai-ngan-664-ty-dong-20-000-luot-ho-ngheo-va-doi-tuong-chinh-sach-111356.html