The People's Credit Fund of Lang Son province has issued an official dispatch on implementing solutions to overcome damage to customers borrowing capital after storm No. 3.
Accordingly, this unit has directed the transaction offices of the People's Credit Fund in districts to coordinate with relevant agencies to review and fully and accurately count the level of damage to production and business of customers borrowing preferential credit from the People's Credit Fund.
At the same time, review the capital needs of people affected by storm No. 3 and post-storm floods to deploy loans promptly and to the right beneficiaries.
In particular, direct consideration of debt extension and adjustment of debt terms for affected loans, arising debts due from September 2024. Do not collect loan interest for customers affected by storm No. 3 and post-storm floods until the end of December 2024 and assess the level of damage to each customer's loan to apply appropriate risk handling measures.
In addition, the provincial People's Credit Fund also requires socio-political organizations to promptly grasp the losses of borrowers in order to propose handling measures such as exempting or reducing interest, and handling risky debts according to regulations.
Complete the dossier for handling risky debts for customers who borrowed capital due to storm No. 3, direct the affiliated savings and loan groups to consider loans to ensure transparency, democracy, and the right subjects, focus on propaganda, and synthesize the needs for loan implementation in areas affected by storms and floods.
This unit also requested the People's Credit Funds of districts and cities to review and fully count the damage related to policy credit capital of borrowers to have appropriate support measures, supporting households in need of loans to restore production after the storm.
