The rate decreased by more than half, 50,000 police officers and officers returned to the commune police to “block” black credit

On the morning of May 29, in Ho Chi Minh City. In Son La, the Prime Minister’s Conference held a direct dialogue with Vietnamese farmers, with the theme “Strengthening and supporting farmers to recover and develop sustainable agriculture and rural areas”.

Coming from Duy Tien district, Ha Nam, farmer Tran Thi Thanh Thoan said that over the past time, banks have had many programs to lend money to people for production development. However, there are still many people who find it difficult to access credit capital with preferential interest rates, making black credit still exist.

“I would like to ask, in the coming time, what stronger solutions will the Government have to prevent and repel black credit in the countryside?”, farmer Tran Thi Thanh Thoan asked.

Banks entered a drastic action, the black credit rate decreased by more than half compared to 2017

Answering questions from farmers from Ha Nam, Deputy Governor of the State Bank (SBV) Dao Minh Tu said that since 2017, the State Bank has issued many policies to limit black credit.

For example, completing the legal framework on lending activities, promoting the application of science and technology, and developing online services;

Regularly direct credit institutions to expand and diversify banking products and services, reduce interest rates, and simplify lending procedures in order to enhance access to credit through official channels, especially for people in rural areas. , remote areas.

Develop the network to increase access to the people, to meet the people’s legitimate and legal borrowing needs.

Create favorable conditions for consumer lending to develop, and at the same time have strict management to avoid distortion.

At the same time, strengthen communication activities on lending mechanisms and policies and banking services to a large number of people; answer many recommendations; warn of consequences for people to prevent and avoid “black credit”; focus on building television programs on financial education to help people have all the necessary knowledge and easily access official banking and financial services.

By the end of April 2022, outstanding loans for living needs, consumer loans with outstanding loans by the end of April 2022 reached over VND 2.26 million billion, accounting for over 20% of the economy’s outstanding loans, an increase of 8.93% compared to the end of 2021.

In particular, the Deputy Governor said that after the Prime Minister’s conference with farmers in Gia Lai, the State Bank assigned Agribank to implement a consumer credit program of 5,000 billion. By the end of April 2022, 682,966 loans had been given to customers, with a loan turnover of 64,378 billion VND.

In addition to commercial credit capital, VBSP is implementing 23 preferential credit programs to meet the needs of production, business and consumption capital for poor households, ethnic minority households and other policy beneficiaries. outstanding loans by the end of April 2022 reached nearly VND 263 trillion, an increase of 6.03% compared to the end of 2021 with nearly 6.4 million customers with outstanding loans.

According to a preliminary assessment between the State Bank and the Ministry of Public Security, compared to 2017 the black credit rate has decreased by more than half, the frustrations and heartbreaking incidents caused by black credit have also decreased a lot.

In the coming time, Deputy Governor Dao Minh Tu said that the State Bank will continue to expand more official credit.

“In 2019, we and the Ministry of Public Security went to survey Hoa Binh, remote areas, and realized two problems. In order to limit black credit and increase official credit, credit institutions must strengthen propaganda. spread the word to the people so that people understand that getting official bank loans is not as difficult as many people say and is afraid to go to the bank.

Second, combine with local authorities to manage people so that they can have conditions for people to know their identities, as well as for legitimate purposes of borrowing capital, not for borrowing money for gambling. Currently, we are working with the Ministry of Public Security and relevant ministries, local authorities, etc. to eliminate black credit,” emphasized Deputy Governor Dao Minh Tu.

Submitted to the National Assembly to amend a number of laws to strengthen handling of black credit crimes

Regarding this issue, Lieutenant General Le Quoc Hung – Member of the Party Central Committee, Deputy Minister of Public Security admitted that, in the field of borrowing money for farmers, some types of criminals have taken advantage of forming gangs. usury, also known as black credit.

Immediately after discovering such a situation in a number of localities, the Ministry of Public Security advised the Prime Minister to issue Directive 12/CT-TTg dated April 25, 2019 on strengthening the prevention and fight against crime. violate and violate the law related to black credit.

At the same time, opening many peak waves to finally destroy the black credit groups, catch and handle many subjects. Once the case is discovered, handle it, if the case reaches the point of criminal prosecution, collect enough documents to handle it seriously. As a result, black credit gradually decreased, contributing to ensuring security and order in rural areas.

Currently, the Ministry of Public Security is continuing to focus on directing the local police to work closely with the banking industry and localities to strengthen propaganda to prevent and grasp the situation to promptly update sophisticated activities of criminals. black credit; strengthen consultations and build institutions to strengthen the prevention of this new type of crime.

The Ministry of Public Security has also submitted to the National Assembly to amend a number of laws to strengthen handling of black credit crimes.

According to Lieutenant General Le Quoc Hung, the Ministry has increased over 50,000 police officers and officers to work as commune police, coordinated with local authorities to strengthen the management of black credit and high-tech crimes. to prevent it in the first place.

In addition, the Ministry of Public Security coordinated with the banking industry to handle and control to reduce loopholes and prevent these types of crimes from continuing to run rampant in the countryside.

Clarifying more on the issue raised by farmer Tran Thi Thanh Thoan, Prime Minister Pham Minh Chinh said: In the recovery and development program, the support policy is clear, but in the implementation organization, access to capital credit is still difficult.

The Prime Minister suggested the bank to study more on this issue; local authorities coordinate with banks in appraising unsecured loan documents; Farmers must also have projects that are clear, feasible and effective, the bank will share more.

The Prime Minister said that the fight against black credit must involve the involvement of all levels of government, people and functional agencies. The Ministry of Public Security cooperates with the State Bank of Vietnam to study the use of the national population database to assist in the appraisal of loan applications, assess the borrower’s basic information, and help people get loans from banks. goods more convenient, limit black credit.