Lam Dong established Dak Nong Social Policy Bank Transaction Office

On the morning of July 3, the Lam Dong Provincial Branch of the People's Credit Fund announced the decision to establish the Dak Nong Social Policy Bank Transaction Office and announced the staff work.

Leaders of the Lam Dong Provincial Branch of the Vietnam Bank for Social Policies attended the announcement ceremony.

According to Decision No. 93/QD-HDQT of the Board of Directors of the Vietnam Bank for Social Policies, the Dak Nong Bank for Social Policies Transaction Office officially takes effect from July 1, 2025. The Dak Nong Bank for Social Policies Transaction Office is a dependent accounting unit of the Lam Dong Bank for Social Policies Branch.

Representatives of agencies and local authorities where the Dak Nong Social Policy Bank Transaction Office is located attended the announcement ceremony.

At the ceremony, the People's Credit Fund of Lam Dong province appointed Mr. Nguyen Tien Ha, Deputy Director of the People's Credit Fund of Lam Dong province, concurrently holding the position of Director of the People's Credit Fund of Dak Nong.

Acting Director of the Lam Dong Provincial Social Policy Bank Branch Nguyen Thi Ngoc Thu presented the Decision to establish the Dak Nong Social Policy Bank Transaction Office

The Lam Dong Provincial People's Credit Fund has also announced the decision to transfer and appoint other positions at the Dak Nong Provincial People's Credit Fund Transaction Office.

Lam Dong Provincial People's Credit Fund announces decision to transfer and appoint positions directly at Dak Nong Provincial People's Credit Fund Transaction Office

Speaking at the announcement ceremony, Acting Director of the Lam Dong Provincial Social Policy Bank Branch Nguyen Thi Ngoc Thu emphasized that after the merger, the Lam Dong Provincial Social Policy Bank Branch has an outstanding loan balance of VND 17,869 billion.

Mrs. Thu — Acting Director of the Lam Dong Provincial Social Policy Bank Branch Nguyen Thi Ngoc Thu emphasized that the Dak Nong Social Policy Bank Transaction Office needs to urgently improve its organization, arrange appropriate personnel, and ensure the flow of capital to the people.

The whole province has 289,725 customers borrowing preferential loans from the State through the Social Policy Bank. With this result, the Social Policy Bank of Lam Dong province currently has the 4th largest outstanding loan scale nationwide. This is considered an important premise, creating development momentum for 2025 and the following years.

Mr. Nguyen Tien Ha, Deputy Director of the Lam Dong Provincial Branch of the Social Policy Bank, was appointed to concurrently hold the position of Director of the Dak Nong Transaction Office of the Social Policy Bank.

According to Ms. Thu, the establishment of the Dak Nong Social Policy Bank Transaction Office was carried out at a special time when the whole country was implementing a two-level government. This was a necessary step in arranging the apparatus to improve the effectiveness of policy credit at the grassroots level.

The transaction office established on the basis of the operation of the Dak Nong Provincial Social Policy Bank Branch (old) will contribute to ensuring smooth policy credit activities without interruption or discontinuity during the process of restructuring and streamlining the apparatus.

Leaders of Lam Dong Social Policy Bank Branch took souvenir photos with Dak Nong Social Policy Bank Transaction Office and representatives of local authorities at the grassroots level

With a large area of operation and high work requirements, the Transaction Office needs to urgently improve its organization and arrange suitable personnel. The unit advises on the implementation of new commune transaction points in accordance with regulations.

“In order for the transaction office to operate effectively, we hope to receive the attention and support of the local authorities. Departments, offices, and grassroots socio-political organizations should strengthen coordination with the VBSP to improve the effectiveness of policy credit activities. The Dak Nong VBSP Transaction Office needs to quickly stabilize its apparatus and operate smoothly to ensure timely preferential capital to the people,” Ms. Thu emphasized.

The Dak Nong Social Policy Bank Transaction Office currently has an outstanding loan balance of nearly VND5,000 billion, with over 71,000 poor households and other policy beneficiaries receiving preferential loans. Overdue debt at the unit currently accounts for 0.08% of total outstanding debt.

Source: https://baolamdong.vn/lam-dong-thanh-lap-phong-giao-dich-ngan-hang-chinh-sach-xa-hoi-dak-nong-380941.html