Strengthening coordination and improving the efficiency of policy credit activities

(CT) - That was one of the directives of Ms. Nguyen Thi Ngoc Diep, Vice Chairman of Can Tho City People's Committee, Head of the Board of Directors of the City Bank for Social Policies (BSP), at the meeting to review the activities of the first 6 months of the year and deploy the direction of activities for the last 6 months of 2025 of the BSP Can Tho City Branch, on the morning of June 23.

Leaders of the People's Council, Vietnam Fatherland Front Committee of the city and departments and branches received flowers and logos of the People's Credit Fund , Can Tho City Branch.

Ms. Nguyen Thi Ngoc Diep assigned the Can Tho City Branch of the Social Policy Bank to coordinate with the City People's Committee to prioritize the allocation of local budgets entrusted to the Bank to supplement loan capital; support and create favorable conditions for facilities, provide surplus headquarters or provide and lease land to build the Bank's headquarters; promptly complete the City Social Policy Bank Representative Board immediately after the merger of provincial administrative units; coordinate to complete the organization and stable operation network, especially savings and loan groups and transaction points in communes and wards immediately after July 1... At the same time, actively mobilize capital sources and provide loans promptly; review capital needs of policy credit programs from now until the end of the year to submit to the Central Social Policy Bank for adjustment and supplement of disbursement capital, ensuring closeness to reality, fully meeting the needs of beneficiaries to develop production, business, reduce poverty sustainably, build new rural areas and civilized urban areas. Focus on improving the quality of policy credit, striving to maintain the overdue debt ratio below the average level of the whole system; create favorable and safe conditions for transactions at all transaction points of communes and wards after the arrangement and merger of administrative units...

In the first 6 months of 2025, the capital entrusted from the city and district budgets to the Can Tho City Branch of the Social Policy Bank was over 929 billion VND, completing 185% of the target; mobilized capital was over 700 billion VND. Loan turnover was over 848 billion VND, with nearly 15,000 borrowing households. Total outstanding debt of policy credit programs was over 4,969 billion VND, with nearly 97,000 households still in debt. The overdue debt rate was 0.16%. The quality of entrusted activities between the Bank and associations and unions has been increasingly improved. The whole city has 6 district-level associations, 126 commune and ward-level associations, and 1,698 savings and loan groups with no overdue debt.

From now until the end of the year, the Can Tho Branch of the Social Policy Bank will focus on effectively implementing policy credit programs after merging administrative units; strengthening coordination with departments and branches, completing credit plans well, improving the quality of credit activities, entrustment, transaction points, savings and loan groups. At the same time, doing well the work of merging, handing over, inspecting, supervising, training, and professional training of the entire Branch...

On this occasion, the People's Credit Fund, Can Tho City Branch, presented gifts to thank members of the Board of Directors of the People's Credit Fund of the city and districts for their contributions to policy credit activities in the city.

News and photos: AP

Source: https://baocantho.com.vn/tang-cuong-phoi-hop-nang-cao-hieu-qua-hoat-dong-tin-dung-chinh-sach-a187797.html