Stable and smooth credit policy operations after merger

Immediately after the administrative unit arrangement, Son La province still had 75 commune-level units in operation. The social policy bank system promptly and synchronously deployed solutions to ensure that the policy credit capital flow continued to operate smoothly and stably, promptly meeting the borrowing needs of the poor and policy beneficiaries in the area.

Mr. Le Thai Ha, Deputy Director of the Vietnam Bank for Social Policies (VBSP) Son La branch, said: Implementing the direction of the General Director of the Vietnam Bank for Social Policies (VBSP) and the Provincial People's Committee, the VBSP provincial branch has proactively developed an operational plan suitable to the situation of each locality, ensuring that disbursement, debt collection, interest collection, etc. activities take place smoothly. Directing transaction offices to closely coordinate with the People's Committees of communes, wards, and socio-political organizations entrusted to notify about transaction locations, fixed transaction schedules, transaction times, and a list of villages belonging to the transaction points so that the management board of the Savings and Loan Group and customers can grasp and come to transact.

Customers come to transact at the provincial branch of the Social Policy Bank.

The transaction offices coordinate with the new commune People's Committee to facilitate customers in confirming loan applications and authorization procedures, ensuring that no problems arise with administrative procedures; maintain the operation of transaction points at the commune level as before the administrative unit merger.

Mr. Le Xuan Tuyen, Director of the Thuan Chau Social Policy Bank Transaction Office, said: After the commune merger, the Transaction Office continues to maintain 28 transaction points at the headquarters of the People's Committees of 28 communes and towns. The transaction schedule at the commune is still carried out on a fixed day every month, as before the merger. At the same time, the unit maintains the operation of 543 savings and loan groups; The address information of the people is automatically updated by the transaction office according to the new commune, the people do not need to re-declare or carry out any additional procedures, ensuring support for people in moving conveniently, without having to travel far.

Staff of Thuan Chau Social Policy Bank Transaction Office discuss professional matters.

In To Understand ward, to ensure that lending, debt collection and other transactions arising in the transaction process in the area are safe, convenient and consistent according to regulations, the ward People's Committee issued a notice on the implementation of opening a fixed transaction point at the commune of the Social Policy Bank in the ward. structured, 1 fixed transaction point is arranged at the ward People's Committee premises, 3 transaction points at the Cultural House of the groups for people to proactively monitor. At the same time, it is requested that the police force of the ward, villages, sub-areas, residential groups and the groundswell security force create favorable conditions in terms of facilities, have a protection plan at the transaction point suitable to the reality, ensure the safety of people and property during the transaction.

Staff of the Thuan Chau Social Policy Bank Transaction Office checks the use of capital of borrowers in Muong E commune.

Ms. Nguyen Thi Phuong, Head of the Savings and Credit Group, Group 9, To Hieu Ward, said: My group manages 21 members who borrowed from 2 programs: social housing and job creation loans with a total outstanding debt of nearly 4 billion VND. After the merger, as the head of the Savings and Credit Group, my work of urging customers to repay principal and interest went smoothly.

Maintaining the transaction network as before the merger helps poor households and policy beneficiaries in the province not have to travel far, creating stability and peace of mind in accessing loans. Up to now, the total outstanding loan programs of the Social Policy Bank, provincial branch, have reached over 7,200 billion VND, with over 146,000 households still having outstanding loans.

Mr. Leo Van Thuan, Me village, Chieng Mung commune, said: My family borrowed 100 million VND from Mai Son Social Policy Bank from 2022 to expand the restaurant combined with experiential tourism , invest in developing dragon coffee tourism and raise buffalo and cows. From July 1, Chieng Mung commune merged with Muong Bang and Muong Bon communes, the commune People's Committee headquarters is located in Chieng Mung commune (old), more than 15 km from home. After the commune merger, the Transaction Office continues to conduct transactions at the old commune transaction point, I am very secure.

After the merger, although there is still much work to be done, policy credit activities continue to receive attention, direction and facilitation from local Party committees and authorities at all levels, the Board of Directors, the Central Bank for Social Policies and the Board of Directors of the Provincial Bank for Social Policies, and the Branch is determined to strive to complete the assigned political tasks, contributing to creating momentum to promote the province's socio -economic development in the new period.

Source: https://baosonla.vn/lanh-te/hoat-dong-tin-dung-chinh-sach-on-dinh-thong-suot-sau-sap-nhap-O1i4pasHR.html