Banking sector contributes to well realizing “duel tasks”

On the afternoon of January 19, the State Bank of Vietnam (SBV)’s Binh Duong branch forwarded a conference to review its activities in 2020, extend tasks for 2021. The event was attended by Nguyen Thanh Truc, Vice-Chairman of provincial People’s Committee (photo).

In the face of difficulties from the world and nation’s economies, in 2020, SBV’s Binh Duong branch quickly implemented the policies of the Government, sectors, contributing to stabilizing macroeconomics, curb inflation; focused on removing obstacles of enterprises, business households affected by Covid-19 pandemic. The branch’s total capital mobilized as of December 2020 was estimated at more than VND234.3trillion, up 15.44% compared to early 2020. Its total outstanding loans reached more than VND228.5trillion, up 13.43% against early 2020.

Mr.Truc spoke highly of achievements done by the province’s banking sector, contributing to well realizing the duel tasks of Covid-19 prevention and economic development. In 2021, the sector needs to further improve its operational quality, effectively implement the Resolution of the Government, the instruction of the SBV on solutions to remove obstacles in production, business, support the market and  handle bad debts; concentrate on carrying out the resolutions of the province on economic development; diversify credit products, contributing to eradicating “black” credit organizations; promote non-cash payments…

Reported by Thanh Hong-Translated by K.T

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