Nearly 100% of communes, wards and towns in the province have transaction offices of Social Policy Bank

To enhance credit access for the poor and policy beneficiaries, in the past 20 years (2002-2022), the provincial Bank for Social Policies strengthened coordination with localities to set up mobile transaction points to meet capital needs of the people.

Accordingly, 89/91 communes, wards and townships have 89 transaction points. Transaction sessions are held on a fixed day every month, at least once a month (including Saturday and Sunday). Commune transaction points carry out transactions: such as disbursement, debt collection, interest collection, deposit collection, loan application reception, etc.

According to Vo Van Duc, Director of Provincial Bank for Social Policy, transaction points help the bank reduce costs, implement democratic and public regulations, and strengthen government supervision of social policy credit implementation, facilitate the poor and policy beneficiaries to be served accurately and effectively.

Reported by Thanh Hong - Translated by Ngoc Huynh