On behalf of VBSP's leadership, Chairman of the Board of Directors Ha Dan Huan briefed VBSP's operation highlights after 5 years, as of December 31st 2007 the total capital resources amounting to over VND 35 thousand billion, increased over VND 10 thousand billion against to 2006; the total outstanding loans of lending programs up to over VND 34 thousand billion, an increase of over VND 10 thousand billion compared to that of 2006, the growth rate reached 44.8% against. December, 31st 2006, the overdue debt accounts for 2.5% of the total outstanding loans.
The Governor appraised VBSP's achievements over the past 5 years, especially the year of 2007. In that year, VBSP was assigned the program of lending to disadvantaged students by the Government following the Decision No 157/2007/QD-TTg dated September 27, 2007, and VBSP has implemented successfully for a short time, disbursing over VND 2.500 billion to over 630 thousand students. The Governor also informed the direction of the Prime Minister at the year-end summary meeting for banking section as follows: there are 5 most key tasks of 23 tasks implementing in 2008, and VBSP should bear 2 key tasks, which shows that VBSP has been paid much attention by the Party and Government, giving great advantages to VBSP's operations.
On the occasion of Lunar New Year, the Govenor wished all VBSP's staff a good health, prosperous and success in the New Year.
On behalf of VBSP, Chairman of the Board of Directors Ha Dan Huan expressed sincere thanks and wished the Governor good health as well as giving a promise of fulfilling the assignments successfully in 2008.
Minh Dao
