Accordingly, the branch was assigned to increase outstanding loans for clean water and rural environmental sanitation by VND120 billion; loans to support job creation, maintenance and expansion from the capital mobilized by the Social Policy Bank VND85 billion; loans to households that have just escaped poverty VND20 billion; loans to people who have completed their prison sentences VND4 billion.
At the recent first quarter 2025 meeting of the Board of Directors of the Phu Yen Social Policy Bank, Mr. Ho Van Thuc, Director of the provincial Social Policy Bank, said that the branch had just been assigned additional credit plan targets for 2025 from central capital by the Vietnam Social Policy Bank. Photo: LE HAO |
Mr. Ho Van Thuc, Director of Phu Yen Social Policy Bank, said that the branch has reported to the Provincial People's Committee and advised the Head of the Board of Directors of the Provincial Social Policy Bank to assign the credit plan target for 2025 according to the newly assigned target to the affiliated units for implementation according to regulations.
The Phu Yen Social Policy Bank is also coordinating with entrusted socio-political organizations and local authorities and related units to review people's loan needs, organize public and correct assessments, and promptly disburse to eligible households, creating conditions for poor households and other policy beneficiaries to have capital for production and business, and to build clean water and sanitation facilities to improve the quality of life.
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