VISITORS
Press Release
Increasing the loan size for Disadvantaged Student Program
I. Target customers
Disadvantaged students attending to universities (or equivalent levels), colleges, technical schools and vocational training institutions established and operating under Vietnamese law, including:
1. Students who have lost their parents or have only lost their father or mother but the other cannot work.
2. Member of households that fall into one of the following categories:
- Poor households prescribed by law.
- Near-poor households prescribed by law.
- Households have an average standard of living prescribed by law.
3. Students are facing financial difficulties due to accidents, illness, natural disasters, fires, epidemics in the studying period, certified by the local People's.
II. Loan size and lending interest rate
1. Maximum loan size: VND 4 million/month/person
2. Lending interest rate: Being decided by Prime Minister from time to time. The current rate is 6.6%/year.
III. Loan term
Loan term = disbursement term + 12 months + repayment term
- Disbursement term: is the period from the first disbursement date until the last day of the course
- Repayment period:
+ For training programs with the period of up to one year, the maximum repayment period is equal to 2 times of the disbursement term.
+ For training programs over one year, the maximum repayment period is equal to the disbursement term.
vbsp.org.vn
- Credit policies under Decision 22 for ex-prisoners to rebuild lives in Ha Nam
- Households in disadvantaged areas can borrow up to VND 100 million for business and production.
- VBSP's Trade Union worked with the Korean Finance Union delegation
- Promotion of digital financial services to enable financial inclusion for the disadvantaged population in Vietnam
- Nearly 485,000 households provided with social policy bank loans in Q1
- Newsletter Vol 4.2023
- VBSP SmartBanking launched for the poor and low-income
- The exposure visit of the Nepal delegation of ASDP in Vietnam
- Improve policy credit quality through the model of Savings and Credit groups
- Provide inclusive financial schemes for the poor and disadvantaged groups
- Nayoby Attapeu branch (Policy bank of Laos PDR) visited and worked with VBSP branch in Kon Tum province
- VBSP inclusive finance contributes to sustainable poverty reduction
- Effectiveness of social housing lending program
- VBSP continues sharing experiences on social policy credit to APRACA Secretary General
- VBSP Mobile Banking application training conference
- VBSP worked with the delegation from the Agricultural and Rural Development Bank of Cambodia
- $380 million has been delivered to vulnerable groups for economic recovery
- Newsletter Vol 07.2022
- Promote digital financial inclusion for the poor and other marginalized groups
- Agriculture models in Vietnam are good to replicate in Nepal
- Preferential credit empowers Gia Nghia residents to get out of poverty
- The Bank of the Lao PDR visits and works with the Vietnam Bank for Social Policies (VBSP)
- Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Final Part: The Pillar of Sustainable Poverty Reduction)
- Maximizing the Effectiveness of Policy Credit in Thai Nguyen (Part 1: Guided by the Party)
- Getting out of Poverty and Building Wealth with Preferential Loans
- The Cuban Central Bank President visits and works with the Vietnam Bank for Social Policy
- The opportunity for individuals who have completed their prison sentences
- Summary of the Digital Education Program for Vulnerable Groups in Vietnam
- Part 4 - Belief and Aspiration
- Part 3 - The Journey of Spreading Love
LENDING INTEREST RATE
|
||||||||||||||||||||
DEPOSIT INTEREST RATE
|
||||||||||