Updated: 2019-06-14 13:53:00

Fighting off informal credit

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• Motivating women to rise up
• Soc Trang uses preferential credit for ethnic minorities to settle down
• VBSP temporarily suspends interest collection for borrowers affected by storms and proposes to add VND 4,900 billion in policy credit
• Quang Ninh disburses loans to 1,620 households to restore production
• Policy credit helps people in Sop Cop border area reduce poverty
• Tuyen Quang: Capital flew to disadvantaged areas, many people got out of poverty
• Tra Vinh supports 46 households in Cang Long town with safe water project
• Ethnic minorities in Cao Bang
• Coastal communes - Rising out of poverty
• Support disadvantaged students

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...