Vice Chairman of the Provincial People's Committee Ngo Tan Phuong requested the VBSP to advise on the reorganization of the members of the Board of Directors of the VBSP immediately after the new Bac Ninh provincial government comes into operation.
The Board of Directors of the Provincial Social Policy Bank focused on evaluating the performance of the Provincial Social Policy Bank in the period of 2020 - 2025. According to the report of the Provincial Social Policy Bank, it is estimated that by June 30, 2025, the total operating capital will reach more than VND 4,600 billion, an increase of more than VND 1,900 billion compared to 2020, with an average annual capital growth of 13.95%. Of which, the balanced capital transferred from the Central Government increased by more than 57%; the capital entrusted to the locality increased by 186.4% compared to 2020, ranking 21st out of 63 provinces and cities nationwide. The total outstanding debt of policy credit programs reached more than VND 4,600 billion with more than 75,900 customers with outstanding debt, with an average annual growth rate of 13.95%; Average outstanding debt reached 61.9 million VND, up 71.4%.
From policy credit capital, in the past 5 years, more than 135,000 poor households and other policy beneficiaries have received loans from the VBSP; helping more than 6,277 households overcome the poverty line, contributing to making Bac Ninh free of poor households by the end of 2024; creating jobs for more than 53,000 workers, more than 2,100 students have received loans to cover their study expenses; building and renovating more than 1,400 houses for poor households and policy families; investing in loans to build more than 70,000 sanitary works and clean water works. In addition, the provincial VBSP promptly advised the Provincial People's Committee to implement preferential credit programs and solutions to support people to overcome difficulties, restore the economy , and stabilize their lives due to the impact of epidemics and natural disasters.
Vice Chairman of the Provincial People's Committee Ngo Tan Phuong highly appreciated the efforts and achievements of the Provincial Social Policy Bank in recent years, promptly meeting the capital needs of poor households and policy beneficiaries participating in production and business, overcoming difficulties. Emphasizing that the operating model of the Representative Board will be formed according to the 2-level Representative Board model from July 1, 2025, requested the Provincial Social Policy Bank to advise the Provincial People's Committee to reorganize the members of the Provincial Social Policy Bank's Board of Directors immediately after the new Bac Ninh provincial government comes into operation; continue to review, supplement, and complete the dossier; proactively coordinate with local authorities and mass organizations to implement the merger to ensure stable and smooth policy credit activities, so that people are not interrupted in accessing loans during the merger. At the same time, proactively advise the Provincial People's Committee to direct the Commune People's Committee to pay attention to arranging transaction locations at the new Commune People's Committee headquarters and other transaction points in the commune to create favorable conditions for people to come and transact.
Provincial associations and unions continue to coordinate with the provincial Social Policy Bank to implement procedures for handover and handover acceptance when reorganizing commune-level administrative units according to regulations; focus on improving the quality of inspection and supervision. Focus on implementing synchronous solutions, consolidating and improving credit quality, reviewing, urging, and collecting due debts, overdue debts, and outstanding interest; strengthen training and coaching of staff.
Source: https://baobacninh.vn/tin-dung-chinh-sach-hoat-ong-hieu-qua-theo-mo-hinh-chinh-quyen-2-cap-97995.html
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