News & Events
Continuing to maintain and improve quality of policy credit
(VBSP News) VBSP has held a conference to review the quality of operations and credit at its branches in Soc Trang, Bac Lieu, Kien Giang and Ca Mau provinces.
VBSP General Director Duong Quyet Thang speaking at the conference
Over the past time, the quality of credit at VBSP’s branches in Soc Trang, Bac Lieu, Kien Giang and Ca Mau saw positive changes; overdue debts have been curbed and decreased significantly, and transaction activities at communes remained stable.
As of October 31, 2020, four branches achieved all five criteria set by the bank. For district and commune levels, units ranked fairly and well increased, while units ranked medium and weak decreased. So far, the branches have seen no district-level units ranked weak.
Leaders of VBSP and localities chair the conference
Over the past 2 years, localities saw outstanding loans grow in accordance with the plan assigned by the VBSP General Director. As of October 31, Bac Lieu branch has a total outstanding loan of more than VND2.1 trillion (up 18%), Soc Trang with over VND3.68 trillion (up 13.7%), Kien Giang with VND3.72 trillion (up 11.8%) and Ca Mau with nearly VND2.75 trillion (up 13.3%).
In addition, the branches actively advised the provincial Party Committee, People’s Council, People’s Committee, departments, related branches and authorities at district and communal levels to well implement Directive 40-CT/TW of the PCC Secretariat on strengthening the Party’s leadership on social policy credit in the four provinces.
Speaking at the event, VBSP General Director Duong Quyet Thang asked the four branches to continue advising executive party committees and local authorities to well implement Directive 40 and closely coordinate with socio-political organizations, departments and related branches to carry out solutions to consolidate and improve the quality of operations and credit.
At the conference, the organizers announced Decisions of VBSP General Directors to 23 teams with outstanding achievements in consolidating and improving the quality of operations and quality of credit over the past 2 years.
vbsp.org.vn
- Deputy Prime Minister Ho Duc Phoc chairs a working session with VBSP
- Policy credit helps poor households eliminate temporary and dilapidated houses
- Policy credit contributes to sustainable poverty reduction
- Effectiveness of Loan Capital for Formerly Incarcerated Individuals
- Eliminating temporary and dilapidated houses with policy credit funds
- Policy credit supports ethnic minority youth in starting businesses
- Effectiveness of Policy Credit in Nghia Hanh District
- Women play an important role in growth of Vietnam's banking sector
- Ex-prisoners stabilize their lives thanks to policy credit
- Study Tour of Bankers Institute of Rural Development (BIRD) to the Vietnam Bank for Social Policies (VBSP)
- 1,195 employees whose jobs were suspended due to the Covid-19 pandemic borrowed loans from the VND 16,000 billion credit package
- Escaping from poverty thanks to VBSP’s loans
- The effectiveness of flood-resilient houses
- The effectiveness of the entrusted funds method
- Eighteen years of journey for the happiness of the poor
- VBSP donates nearly VND1.4 billion to flood-hit areas
- Flood-resilient houses: Safety belt to sustainable poverty reduction in Central Vietnam
- The effectiveness of flood-resistant houses in Quang Binh province
- Efficiency of lending for clean water and environmental sanitation in Dien Khanh
- Strengthen digital transformation and gender mainstreaming in VBSP activities

- Social policies bank asked to diversify capital sources to best serve the poor
- Deputy Prime Minister Ho Duc Phoc chairs a working session with VBSP
- Policy credit helps poor households eliminate temporary and dilapidated houses
- Policy credit contributes to sustainable poverty reduction
- Effectiveness of Loan Capital for Formerly Incarcerated Individuals
- Eliminating temporary and dilapidated houses with policy credit funds
- Policy credit supports ethnic minority youth in starting businesses
- Effectiveness of Policy Credit in Nghia Hanh District
- Women play an important role in growth of Vietnam's banking sector
- Ex-prisoners stabilize their lives thanks to policy credit
LENDING INTEREST RATE
|
DEPOSIT INTEREST RATE
|