On April, 24th 2015, in Hanoi, TYM organized a preliminary conference to access its performance during the first quarter of 2015 as well as define the direction and plan for the next quarters. The participants of the conference include TYM board of directors, head and deputy head of departments of the head office, board of branch managers and all staffs of the head office.
The performance report presented by head of research and communications department at the conference showed that although TYM encountered a number of difficulties during the first quarter due to Tet holiday, human resource changes, increasing competitiveness while the economy has not recovered yet, TYM’s performance in the first quarter of 2015 was positive with important targets such as member development, capital distribution, savings mobilization exceeding the set plan thanks to the efforts of all TYM’s staffs. As at the end of the first quarter of 2015, the overall number of TYM’s members is more than 106.000; the total loans outstanding reaches over 782 billion dong; the repayment rate is 99.98%; savings balance reaches 422 billion dong.
Besides, diversified community and market connection supporting activities were implemented ebulliently and actively which have comprehensively assisted TYM’s members. Particularly, some meaningful activities were deployed during the quarter such as coordinating in holding Spring Fair 2015 to introduce and sell products of TYM’s members and simultaneously open product connection supporting outlet for members; Coordinating with all levels of the Union to organize the exchanges to celebrate the International Women’s Day at some branches like Kim Dong, Hung Nguyen, Nghi Loc; training 3 production and business cooperation groups in Thanh Son, Phu Binh, Cua Lo; building a health examination plan for members… as well as other useful programs.
Addressing he conference, TYM’s general director required branches to focus on certain important issues; for instance, promoting the propaganda to recruit new members, maintain existing members and reduce the rate of dropouts; enhancing loan appraisal to ensure portfolio quality and safety in its operation… The general director also encouraged branches to bring into full play the performance of the first quarter, stick to the business plan to excellently complete the missions.