Sacombank forgives 1.7 billion dong debt for two orphaned children

Sacombank has announced it will forgive a 1.7 billion Vietnamese dong debt for two orphaned children in Da Nang. The parents of the children, L.V.H.A and L.V.H.P, died in a fatal electrocution accident, leaving the young siblings without financial support.

At the time of their parents' death, the siblings were left with a significant debt of approximately 1.7 billion Vietnamese dong at Sacombank's Quang Nam Branch. This debt included credit card liabilities and was secured by the family's home. The loan had been insured for the first year, but the coverage lapsed, and the loan subsequently became overdue.

Following the tragedy, Sacombank representatives visited the family to offer condolences and provided 10 million Vietnamese dong for funeral arrangements. After a comprehensive review of the children's circumstances, the bank decided to waive the entire debt owed by the deceased parents. This decision ensures that the children can retain their home.

Nguyen Van Sam, Director of Sacombank's Quang Nam Branch, stated that the bank's action stems from a deep sense of humanity, empathy, and shared sorrow. "No pain is greater than losing loved ones, especially parents who are one's anchor in life," Sam said. "The children still have a long and challenging future ahead. We hope our support, along with that of other benefactors, will serve as motivation for them to remain confident, focus on their studies, and stabilize their lives."

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No pain is greater than losing loved ones, especially parents who are one's anchor in life. The children still have a long and challenging future ahead. We hope our support, along with that of other benefactors, will serve as motivation for them to remain confident, focus on their studies, and stabilize their lives.