VISITORS
Press Release
Loan for value chain-based production development support for ethnic minority and mountainous regions
Decree No. 28/2022/ND-CP dated April 26, 2022 of the Government on preferential credit policies for implementation of the National target program on socio-economic development of ethnic minority and mountainous regions in the 2021-2030 period, the first phase: 2021 – 2025.
Borrowers include poor households, near poor households; (Manufacturing, Processing, Trading) enterprises, cooperatives participating in value chains that employ ethnic minorities equal to 70% or more of the total number of employees.
Borrowers must fully meet the following conditions:
- For poor households and near poor households: must meet conditions for loan borrowing under the credit programs applicable to poor households, near poor households that are implemented in the VBSP, be included in the list of members participating in value chains approved by a competent agency and have a loan borrowing plan in conformity with the loan use purposes.
- For enterprises and cooperatives:
+ Be established and operate legally, have a loan use plan to participate in value chains and have the participation in value chains approved and certified by a competent agency.
+ Have a loan borrowing plan that is appraised by the VBSP before a competent agency’s approval.
+ Perform the loan security under regulations of the VBSP and law regulations on security transactions.
The loan size and loan terms applicable to poor households and near poor households participating value chains under this Decree shall comply with current regulations on credit programs for poor and near poor households VBSP. On the other hand, the loan size for enterprises and cooperatives participating in value chains must not exceed 2 billion VND/borrower. The maximum loan term is 5 years
The interest rate applicable to poor households shall be equal to 50% of the production and business loan interest rate applicable to poor households specified in each period. The loan interest rate applicable to near poor households, enterprises and cooperatives participating value chains shall be equal to 50% of the production and business loan interest rate applicable to near poor households specified in each period.
Vbsp.org.vn
- 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
- Contribution to the implementation of the National Target Program on new rural construction and sustainable poverty reduction in the 2021-2025 period
- Loan for investment, support for development of precious medicinal plant zones according Decree No. 28/2022/ND-CP of the Government
- Production land and occupation change support loan for ethnic minority and mountainous regions
- Housing support loan for implementation of the National target program on socio-economic development of ethnic minority and mountainous regions
- The residential land support loan for implementation of the National target program on socio-economic development of ethnic minority and mountainous regions
- Non-public preschools and primary schools can borrow loans with an interest rate of 3.3%/year to maintain their operations
- VBSP Ha Nam supports new rural development
- Support people for sustainable poverty reduction
- Policy capital helps people and businesses overcome difficulties
- Efficiency of inclusive finance in Quang Ngai province
- Helping borrowers effectively use policy capita
- Policy Bank of Lao PDR visited Vietnam Bank for Social Policies
- VBSP works with Nepal's Ministry of Agriculture and Livestock Development
- Policy credit provides fulcrum to elevate ambitions
- VBSP DIGITAL TRANSFORMATION
- Policy credit supporting ex-prisoners in their new lives
- Policy credit contributes to enhancing social wellbeing
- VBSP Board of Directors held the regular meeting of quarter II, 2023
- VBSP Lang Son lending helping hand to people in need
- Credit access the key to reducing poverty
- VBSP works with organizations from Bangladesh
LENDING INTEREST RATE
|
||||||||||||||||||||
DEPOSIT INTEREST RATE
|
||||||||||