Social policy credit has an important contribution

Capital disbursed through the Hai Phong City Social Policy Bank has helped 44,383 poor households and other policy beneficiaries to borrow capital.

Comrade Tran Van Quan, Vice Chairman of the City People's Committee, Head of the Board of Directors of the Social Policy Bank of Hai Phong city, gave a speech at the conference.

On the afternoon of September 18, comrade Tran Van Quan, Vice Chairman of the City People's Committee, Head of the Board of Directors of the Social Policy Bank of Hai Phong City chaired a conference to evaluate the performance of the Board of Directors in the first 8 months of 2025 and the direction and tasks for the last months of the year.

Comrade Hoang Lien Son, Director of the City Social Policy Bank, spoke at the conference.

As of August 31, the total capital of the Hai Phong City Social Policy Bank reached 13,228 billion VND, outstanding loans reached 13,188 billion VND. Loans for poor households and policy beneficiaries have been transferred to 100% of communes, wards, and special zones, with an average current outstanding loan of 62.6 million VND/household.

Through credit programs, capital disbursed through the City Social Policy Bank has helped 44,383 poor households and other policy beneficiaries to borrow capital. Of these, 5,518 are poor households, near-poor households, and newly escaped-poverty households; 19,817 customers have borrowed capital to create jobs, contributing to attracting and creating jobs for nearly 20,000 workers.

Representative of the Department of Finance spoke at the conference.

The whole city has 19,993 households borrowing capital from the clean water and rural environmental sanitation program, supporting the construction and renovation of nearly 40,000 clean water and rural environmental sanitation works; 1,028 people have access to social housing loans; and supporting capital to cover study expenses for 1,715 students in difficult circumstances...

Speaking at the conference, Vice Chairman of the City People's Committee Tran Van Quan acknowledged the achievements of the Board of Directors of the City Social Policy Bank and affirmed that social policy credit has made an important contribution to effectively implementing the city's policies, goals and tasks on sustainable poverty reduction, new rural construction, focusing on resource development, ensuring social security, political stability, security and defense in the area.

Conference scene.

The City Social Policy Bank continues to closely follow and promptly implement the directions of the Board of Directors and superiors to advise the City Party Committee, People's Council, People's Committee, and representative boards to direct all levels and sectors to coordinate effectively in implementing policy credit. Continue to advise the City Party Committee and People's Committee to organize the implementation of Directive No. 39-CT/TW of the Central Party Secretariat on improving the effectiveness of social policy credit in the new period; advise the City People's Committee to allocate capital for the period 2026 - 2030 to entrust the Social Policy Bank to lend to poor households and other policy beneficiaries...

The Vice Chairman of the City People's Committee proposed to step up propaganda work on social policy credit programs, publicize policies and implementation results at commune transaction points to promote the people's supervisory role. Members of the representative board implement the inspection and supervision program for 2025 according to the approved plan...

BUI HANH

Source: https://baohaiphong.vn/tin-dung-chinh-sach-xa-hoi-co-dong-gop-quan-trong-521162.html