JavaScript is off. Please enable to view full site.

Bank branch sees no borrowers in 2 years

Bank branch sees no borrowers in 2 years

Thursday, July 26, 2012, 10:17 GMT+7

A branch of the state-funded Vietnam Development Bank (VDB) in the southern province of Binh Duong has been desperately seeking for a borrower over the last two years, but has not found a single one. The poor operation of the bank has understandably displeased the province’s chief, Le Thanh Cung, chairman of the provincial People’s Committee. “Doesn’t it mean that 32 bankers of the branch have been doing nothing but still received payments for the last two years?” enquired Cung at a meeting with local banks on Wednesday. In response, branch director Nguyen Da Thanh said the problem is one of missing target customers. “Our bank only provide loans for projects in the water supply, health care, and education sectors, but there have been no such projects in Binh Duong over the last two years,” he explained.

tuoi tre

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Latest news

Orangutan's use of medicinal plant to treat wound intrigues scientists

In June 2022, a male Sumatran orangutan named Rakus sustained a facial wound below the right eye, apparently during a fight with another male orangutan at the Suaq Balimbing research site, a protected rainforest area in Indonesia. What Rakus did three days later really caught the attention of scientists

Superhero guests show up at Vietnamese wedding

A 1.75-meter figure of Japanese comic character Kamen Rider welcomed guests at the entrance to the wedding venue, while Transformers’ Optimus and Bumblebee were also present at the wedding