Requesting banks to support people to overcome the consequences of storms and floods

The State Bank has just issued a document requesting banks to immediately take a number of actions to support people in overcoming the consequences of storms and floods.

Specifically, the State Bank requires bank leaders to direct branches and transaction offices in localities affected by recent storms and floods to proactively review and summarize the losses of customers borrowing capital in order to promptly apply support measures and remove difficulties for customers.

The localities named are Yen Bai, Son La, Hoa Binh, Phu Tho, Vinh Phuc, Hanoi, Hung Yen, Ha Nam, Nam Dinh, Thai Binh, Bac Ninh, Hai Duong, Hai Phong, Ninh Binh, Thanh Hoa, Nghe An, Ha Tinh.

The recent storm and flood caused heavy damage to the people. In the photo: Rescuers use sniffer dogs to help search for missing victims in Khanh hamlet, Hoa Binh.

Measures proposed include restructuring debt repayment terms, considering interest exemptions and reductions, continuing to provide new loans to restore production after floods, and handling debt for customers suffering loan losses according to regulations.

In addition, the State Bank recommends that all parties should organize visits and encouragement for affected families, especially poor households, policy households, and ethnic minority households.

The above support, according to the State Bank, aims to encourage people to overcome difficulties, restore production, and carry out social security work for families suffering from human and property damage, and in areas heavily affected by these natural disasters.

For branches in provinces and cities, the State Bank requires coordination with local Departments, branches and sectors to advise the Provincial People's Committee in supporting people affected by damages and areas damaged by natural disasters.

In addition, the State Bank branches in the provinces will act as the focal point to direct credit institutions in the area to urgently implement support for people to overcome the above damages.

According to Tuoi Tre Newspaper