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Updated: 2024-02-19 09:56:33

In 2024, VBSP Ben Tre Branch sets a target of over 10% for the credit growth

Director of VBSP Ben Tre Branch said that in 2024, the Branch strived to reach credit growth of over 10% compared to 2023; overdue debt rate of below 0.14%.


VBSP Ben Tre Branch sets a target of over 10% for the credit growth

VBSP Ben Tre Branch also aims to exceed 100% of the target of local entrusted budget capital in 2024, striving for growth of at least VND 100 billion. Principal debt collection rate due at least 95%; at least 10 communes with no overdue debt; the number of Savings and Credit groups with overdue debt reduce by 20%.

All district-level units have good quality of commune transaction activities and policy credit activities at commune, district and provincial levels; strive to have at least 96% of Savings and Credit groups rated good; without weak groups.


VBSP Ben Tre Branch disburses loans to the poor households and other policy beneficiaries

At the same time, VBSP Ben Tre Branch improve credit quality; focus on solutions to improve the quality of commune transaction activities, Savings and Credit group activities, and policy credit activities at the commune, district, and provincial levels.

Ms. Nguyen Thi Be Muoi, Vice Chairman of the Provincial People's Committee, also requested each member of the Board of Directors and provincial departments to continue to coordinate and direct the propaganda of guidelines; carry out the loan review process well for the right subjects with the right process, so that borrowers use the capital for the right purpose effectively.

According to Ms. Tran Lam Thuy Duong, Director of VBSP Ben Tre Branch, in 2023, the branch's loan resource reached more than VND 4,019 billion; in which, central capital was more than VND 3,834 billion; local trust capital reached more than VND 184 billion VND. VBSP Ben Tre Branch has lent over VND 1,444 billion with nearly 40 thousand borrowers (on average each customer borrowed VND 36.44 million). As of December 31, 2023, total outstanding debt has reached VND 4,018 billion, an increase of 18.84% compared to the beginning of the year.

The project "Focusing on mobilizing resources to implement social policy credit for the poor and other policy beneficiaries until 2030" was issued by the People's Committee of Ben Tre province at the end of 2023.

Accordingly, Ben Tre strives to mobilize capital to implement the Social Policy Credit Program to reach more than VND 4,761 billion by 2025 and more than VND 7,781 billion by 2030. Each year, the local budget entrusts capital to lend to the poor and other policy beneficiaries, accounting for 15 - 20% of the general credit outstanding growth of VBSP.

Local entrusted capital to VBSP will reach more than VND 454 billion in 2025 and more than VND 1,184 billion in 2030. 100% of poor people and other policy beneficiaries with needs and right objects will be able to access to products, financial services provided by VBSP.

At the same time, loans were resolved for 577,707 thousand poor households and other policy beneficiaries; in which, 14,582 poor households, 22,985 near-poor households, 15,640 post-poor households, 40,554 disadvantaged students, 268,388 works of rural safe water and sanitation built, 160,636 workers created jobs, 8,377 workers went to work abroad for a limited time, 43,338 households for production and business in disadvantaged areas, 1,060 traders in disadvantaged areas and 2,147 people borrowing capital to buy or rent social housing. The overdue debt rate is below 0.1% of total outstanding debt.

Chuong Dai - Phuc Hau



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


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


Term Deposit Rate
Overnight 3,04%/year
1 week 3,23%/year
2 week 3,5%/year