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

Effective credit policy with ethnic minorities

• WB highly appreciates the operation model of VBSP
• VBSP's operating model should be learned and replicated by others countries
• Results of 20 years of cooperation between VBSP and Policy Research Institute - Ministry of Finance of Japan
• 20 years of implementing social policy credit for the poor and other disadvantaged groups
• Preferential credit supports for the poverty reduction program
• Annual Report 2021
• Inclusive financial schemes contribute to poverty reduction
• Assessment of international organizations on social policy credit activities
• Newsletter Vol 12.2022
• VBSP’s 20-year journey with the poor and other vulnerable groups

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...