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Help VBSP access to poor households
According to the Government Web Portal, the Prime Minister has issued the Decision of revising and supplementing some clauses of the Decision No. 579/QĐ-TTg dated May 6th 2009 on supporting the lending interest rate for VBSP's loans.
Accordingly, the VBSP's clients will be supported total interest rates. The loan term is maximally 24 months. The support of interest rate will be conducted for disbursed loans from May 1st 2009 to December 31st 2009.
According to the existing regulation, loans with normal interest rate of less than 4% shall be down to 0%, loans with interest rate of over 4% shall be assisted at 4%.
The Prime Minister also decided to allow State Bank of Vietnam to extract the package of VND 17 thousand billion for Ministry of Finance to provide subsidies for VBSP quarterly with a view to implementing interest rate assistance as stipulated by the new regulation.
http://www.chinhphu.vn/
- Honoring Ceremony to The Asia Foundation
- The VBSP Trade Union provides VND 1 billion (approximately USD 40,000) to support Dak Lak Province in overcoming natural disaster consequences
- Mu Cang Chai effectively implements preferential credit policies
- Policy Credit - Empowering Social Security and Sustainable Development in Dak Lak
- VBSP Delegation Visits NAYOBY Bank Luang Prabang Branch
- VBSP signs a Memorandum of Understanding on Cooperation for the 2026-2027 period with Laos Policy Bank (NAYOBY Bank)
- Dien Chau Transforms Thanks to Preferential Credit Funding
- The Trade Union of VBSP provided VND 1.4 billion (approximately USD 55,000) in support for residents affected by floods in the Central region
- Tài chính toàn diện thúc đẩy an toàn số và hướng tới người thu nhập thấp
- General Secretary To Lam Commends VBSP for Collateral-Free Lending: Farmers Keep Their Word
- Over 7 VND million housing support for each poor household
- Nearly VND 5,000 billion for boosting overseas workers
- VBSP support for migrant workers abroad
- VBSP support near poor households escape from poverty in Vinh Long province
- World Bank pay interest in VBSP's Development Strategy
- Empower financial inclusion for poor households in Yen Bai province
- Deputy Prime Minister praises policy credit in sustainable poverty reduction
- Lending to right borrowers
- Over 2.6 million poor households and policy beneficiaries in Northwest region got loans from VBSP
- Nearly 148,000 ethnic minority families have access to preferential loans
- Honoring Ceremony to The Asia Foundation
- The VBSP Trade Union provides VND 1 billion (approximately USD 40,000) to support Dak Lak Province in overcoming natural disaster consequences
- Mu Cang Chai effectively implements preferential credit policies
- Policy Credit - Empowering Social Security and Sustainable Development in Dak Lak
- VBSP Delegation Visits NAYOBY Bank Luang Prabang Branch
- VBSP signs a Memorandum of Understanding on Cooperation for the 2026-2027 period with Laos Policy Bank (NAYOBY Bank)
- Dien Chau Transforms Thanks to Preferential Credit Funding
- The Trade Union of VBSP provided VND 1.4 billion (approximately USD 55,000) in support for residents affected by floods in the Central region
- Tài chính toàn diện thúc đẩy an toàn số và hướng tới người thu nhập thấp
- General Secretary To Lam Commends VBSP for Collateral-Free Lending: Farmers Keep Their Word
LENDING INTEREST RATE
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DEPOSIT INTEREST RATE
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