Updated: 2019-12-26 10:36:20

A big change in awareness and action - VBSP (part 3)

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• Implementing effectively job creation lending program
• Policy credit helps people living in the highlands escape from poverty
• Focusing on lending to ethnic minority households
• Hanoi creates stable fulcrum to aid policy credit
• Newsletter Vol 10.2022
• Practical and effective preferential credit policies for the poor and other policy beneficiaries
• The effectiveness of VBSP inclusive finance
• Nayoby Attapeu branch of Laos Policy bank visited and worked with VBSP branch in Kon Tum province
• Typical example of good production and business
• Increasing the loan size for Disadvantaged Student Program

Links ... Asia-Pacific Rural and Agricultural Credit Association Banking with the Poor Network Ministry of Finance Ministry of Labor, War Invalids and Social Welfare State Bank

LENDING INTEREST RATE

Poor Households Lending to poor households 6,6%/year Lending to poor households in 64 poor districts as stipulated by the Government Resolution No.30a in 2008 3,3%/year Near Poor Households Lending to near poor households 7,92%/year Students Lending to disadvantaged students 6,6%/year People in need of loans for job creation Lending to business establishments owned by war invalids and handicapped persons 3,3%/year Others...

DEPOSIT INTEREST RATE

Term Deposit Rate Overnight 3,04%/year 1 week 3,23%/year 2 week 3,5%/year Others...