​Attending at Binh Duong bridge point were leaders of the provincial VBSP, the State Bank of Vietnam - Binh Duong branch and representatives of leaders of a number of provincial departments, committees, branches and mass organizations.

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Delegates attend at Binh Duong bridge point

According to the report, the target of lending to policy credit programs under Resolution No. 11/NQ-CP is 38,400 billion VND, of which the maximum is 19,000 billion VND in 2022. In order to mobilize capital, VBSP has developed a Government-guaranteed bond issuance project, in which, repayment of bonds due in 2022 is 1,400 billion VND and loans to credit programs under the Resolution is 19,000 billion VND. As of December 31, 2022, VBSP issued 17,900 billion VND, completing 87.7% of the plan. In which, the capital source for lending to credit programs under Resolution No. 11/NQ-CP is 16,500 billion VND, reaching 86.8% of the plan.

In 2023, the total outstanding policy loans reached 283,348 billion VND, an increase of 35,378 billion VND (14.3%) compared to 2021 with over 6.5 million policy beneficiaries with outstanding loans. In addition, VBSP disbursed loans from policy credit programs with interest rate support reaching more than 93,000 billion VND, to over 2.2 million customers, etc.

Particularly for VBSP - Binh Duong branch, the total loan turnover in 2022 is nearly 216,000 billion VND, reaching 92% of the plan.

Customers transact at VBSP - Binh Duong branch

At the conference, VBSP set out directions and tasks for 2023. Specifically, the plan in 2023 is to disburse a maximum of 22,376 billion VND and develop a Government-guaranteed bond issuance project with a total issuance volume of 24,351 billion VND. To fulfill the task, VBSP focuses on implementing solutions: increasing the mobilization of resources for social policy credit in order to create enough lending resources to accelerate the implementation and disbursement of credit policies, lending interest rate support policies; promoting propaganda and dissemination of undertakings and policies to all classes of people, especially the poor and other policy beneficiaries to implement preferential lending and interest rate support policies; strengthening inspection and supervision, improving the effectiveness of the supervision of the whole people in the implementation of credit policies, ensuring the right subject, publicity and transparency, etc.

Reported by Thao Lam​- Translated by Thanh Tam​