Tuy Hoa city: Striving to keep overdue debt below 1.5%

Source: Pano feed

Vice Chairman of PPC, Mr. Nguyen Ngoc An has just checked loan programs, bad debt settlement in Tuy Hoa city.




Illustration photo

Illustration photo





From the beginning of this year, the unit has disbursed 23 billion dongs for more than 1,630 poor, near-poor households and policy beneficiaries in Tuy Hoa city for business loans, lives improvement; creating jobs for 200 employees, which helps people build 294 clean water and sanitation projects in rural areas, 73 households living in difficult areas to have production and business conditions. At present, the total outstanding of incentive credit program in Tuy Hoa city is 140.4 billion dongs, up 0.2%; overdue debt accounts for 3.1% of total loans, down 0.9% compared to the beginning of the year. From now till the end of the year, VBSP Phu Yen strives to reduce overdue debt in Tuy Hoa city to less than 1.5%, complete dossiers to settle nearly 2.1 billion dongs of not-recoverable outstanding debt; ensure 100% of savings teams operating well, fairly, checking debt 100% of lending households…


Conclude the meeting, Vice Chairman of PPC, Mr. Nguyen Ngoc An directed VBSP Phu Yen in collaboration with associations and local governments to strengthen savings teams, Local Poverty reduction committees; simultaneously actively recover overdue debts, handling not probably recovered debts. Representative directors’ Board of VBSP Tuy Hoa strengthen inspection and supervision, urging borrowers to use capital for proper purposes, in-time debt repayment; ensure credit growth plans in Tuy Hoa, lending for right objects, against any negative manifestations in credit activities. Localities, associations investigate the number of near-poor households, households in flooded areas with lending demand to enable VBSP Phu Yen to implement appropriate loan programs …


Source: Phu Yen Newspaper


Translated by TRONG HAO




Đăng ký: VietNam News

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