Deposit mobilization of Ben Cat Town Social Policy Bank to be highly efficient

In addition to mobilizing deposits of the poor and policy beneficiaries through saving and loan groups, Ben Cat Town Transaction Office of Social Policy Bank also focused on mobilizing people’s deposits at the area.

Accordingly, in 2020, deposit mobilization of organizations, individual clients, and members of saving loan groups was more than 36 billion VND, an increase of more than 7 billion VND compared to beginning of the year. In particular, deposits of both saving loan groups and organizations and individual clients increased. According to this transaction office, up to now, deposit mobilization in the population has achieved high efficiency, creating opportunities to mobilize local capital resources to effectively implement preferential credit programs in the area.

Reported by Thanh Hong - Translated by Ngoc Huynh

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