On the afternoon of October 6, the City People's Committee heard a report on the results of the State Bank of Vietnam's performance in the first 9 months of 2017 - [...]
On the afternoon of October 6, the City People's Committee heard a report on the results of the performance of work tasks in the first 9 months of 2017 of the State Bank of Vietnam - Hai Phong Branch. Vice Chairman of the City People's Committee Nguyen Van Thanh presided, and in attendance were representatives of leaders of departments, branches and units.
Scene of the working session
According to the report of the State Bank of Vietnam - Hai Phong Branch, as of September 30, 2017, there were 60 branches of level 1 credit institutions (CIs) in the city. Including 16 branches of state-owned commercial banks, 37 branches of joint stock commercial banks, 4 branches of joint venture banks, banks with 100% foreign capital, 2 branches of financial companies, financial leasing main, 1 cooperative bank branch. 20 type 2 branches of the Bank for Agriculture and Rural Development and 26 people's credit funds.
Following closely to the goals of the State Bank of Vietnam as well as the city's yearly theme, right from the early days of 2017, Hai Phong Banking system has drastically implemented the year's tasks on monetary and banking operations to ensure efficiency and safety. Capital mobilization results in the first 9 months of the year are estimated at 160,835 billion VND, an increase of 13,885% compared to the same period in 2016, a proportion of 6.75%. Credit activities have grown quite well, total outstanding loans to economic sectors are estimated to reach 95,034 billion VND by September 30, 2017, an increase of 16.97% over the same period.
In the first 9 months of the year, the State Bank of Vietnam - Hai Phong Branch organized 21 inspections, including 12 inspections of people's credit funds, 9 inspections of commercial banks, and issued 17 inspection conclusions. Especially from the beginning of the year until now, the Bank Branch has not received complaints or denunciations from organizations or individuals under its jurisdiction. There is no long backlog of complaints, no complicated or crowded complaints affecting the security, social order and safety situation. In the first 8 months of the year, credit institutions handled 1,558 billion VND of bad debt. At the same time, the State Bank of Vietnam - Hai Phong Branch continues to promote administrative procedure reform to continue to innovate the growth model and improvequality, labor productivity, economic competitiveness and economic restructuring in the period 2016-2020.
Vice Chairman of the City People's Committee Nguyen Van Thanh speaks at the working session
Speaking at the meeting, Vice Chairman Nguyen Van Thanh highly appreciated the results that the State Bank of Vietnam - Hai Phong Branch has achieved in the first 9 months of 2017. At the same time, he proposed that in the coming time, the Hai Phong banking industry needs to continue to closely follow the direction of the State Bank and the city, synchronously deploy solutions, and successfully complete assigned targets and tasks. In particular, control the credit growth rate in accordance with the ability to mobilize capital and according to the assigned credit growth target; ensure safe and effective credit growth; Strictly control loans to potentially risky areas. Closely coordinate with local authorities at all levels, relevant departments and branches in appraisal and registration of secured transactionsand handling bad debt. The State Bank of Vietnam Hai Phong branch needs to be more proactive in reporting the situation of Hai Phong banking industry to the city; Grasp difficulties and obstacles in the operations of credit institution branches and report to the city to promptly remove and resolve them.
Do Hoan
Procedures
