Updated: 2019-09-27 13:50:47

Effective credit policy with ethnic minorities

• A BANK ON THE ROAD” – SERVING THE POOR AND OTHER VULNERABLE GROUPS THROUGH SCHEDULED COMMUNE TRANSACTIONS
• 2,730 customers access inclusive finance in Luc Yen district
• Concessional Loans Empower Veterans to Pursue Economic Opportunities
• Giving opportunities and instilling confidence in reformed offenders in Dak Lak
• Policy credit "awakens" the value of traditional craft villages in Nghe An province
• Digitalization of policy credit for the poor and other vulnerable segments to contribute to the national comprehensive finance strategy
• Saving Money to Help the Poor
• 47,454 poor households and other policy beneficiaries acess inclusive finance in Nghe an province during first six months
• more than 6.7 million customers reach preferential loans from VBSP
• Phu Tuc Commune Branch of VBSP disbursed over 142.39 billion VND for vulnerable clients in first six months

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...