The Board of Directors of Nghe An Social Policy Bank held its 29th regular meeting
(Baonghean.vn) - On the afternoon of December 27, 2011, under the chairmanship of comrade Thai Van Hang - Member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee, the Board of Directors of Nghe An Social Policy Bank held its 29th regular meeting. The content of the meeting was to evaluate the results of activities in 2011 and set out the plan and tasks for 2012.
(Baonghean.vn) - On the afternoon of December 27, 2011, under the chairmanship of comrade Thai Van Hang - Member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee, the Board of Directors of Nghe An Social Policy Bank held its 29th regular meeting. The content of the meeting was to evaluate the results of activities in 2011 and set out the plan and tasks for 2012.
In 2011, the total capital managed by Nghe An Social Policy Bank was 5,151 billion VND, achieving a growth rate of 31.9%. Total outstanding debt was 5,141 billion VND, an increase of 1,248 billion VND compared to the beginning of the year. Some credit programs continued to maintain a good growth rate such as: loans for poor households, loans for students in difficult circumstances, job creation, labor export and housing construction for poor households. Credit quality has been improved. Up to now, 9/9 credit programs have been lent through the entrustment method. In 2011, the Provincial and District Board of Directors' Representative Boards have strengthened the inspection and supervision of credit programs, ensuring that capital is lent to the right subjects and brings practical results.
At the meeting, members of the Board of Directors discussed and pointed out shortcomings and weaknesses in directing and operating credit activities in 2011, and at the same time gave suggestions for developing the 2012 operating plan. Accordingly, the plan is that by the end of 2012, the total outstanding debt will reach 6,485 billion VND. The focus will be on credit programs: poor households, students and housing according to Decision 167. The debt recovery rate will reach over 99%, the overdue debt rate will be under 0.5%.
Speaking at the meeting, comrade Thai Van Hang emphasized: entering 2012, Nghe An Social Policy Bank needs to strengthen close coordination with lending groups and local authorities, regularly inspect and control to ensure that capital is disbursed to the right subjects and for the right purposes. At the same time, it is necessary to focus on disseminating credit policies to the people; Complete disbursement on time as prescribed, contributing to ensuring social security and economic growth in the area...
Quynh Lan
