The Tien Giang Bank for Social Policies mobilized over VND 2,000 billion

On January 5, the Tien Giang Bank for Social Policies held a summation conference in 2017. Deputy Chairman of the Tien Giang provincial People's Committee Le Van Nghia, Head of Board Representatives of the Tien Giang Bank Social’s Board of Directors presided over the conference.

At the conference. Photo: thtg.vn

The conference focused on evaluating the activities of the Board of Directors’s Board of Representatives, and raised difficulties in supporting loans to beneficiaries of policy. In 2017, the Tien Giang Bank for Social Policies mobilized capital of more than VND2 trillion. Through this source of capital, the unit has lent with a total turnover of more than VND671 billion, the total debt of 12 credit programs reached more than 99% of the plan in 2017. Most borrowers used the capital for the right purpose and returned money in the prescibed time.

Speaking at the conference, Deputy Chairman of the Tien Giang provincial People's Committee Le Van Nghia highly appreciated the role of the Tien Giang Bank for Social Policies in lending to poverty reduction, actively contributing to new rural development. He also suggested that the unit pay more attention to the policy beneficiaries, timely advice policies in work for poor households; to understand the difficulties and inadequacies in lending to promptly propose the functional branches to remove the loans for policy beneficiaries more effectively, contributing to the rate of poor households in the province continue to reduce the rate under 4% by 2018.

(According to thtg.vn-Translated by N.HUU)