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Nearly 1.2 million households provided with VBSP’s loans
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(VBSP News) Nearly 1.2 million needy households and other last-mile populations have been granted with VBSP’s loans in the first six months of this year.
The VBSP’s loans have contributed to supporting production and business activities, creating jobs for nearly 216,000 workers |
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VBSP provided total loans of VND42.5 trillion (US$1.83 billion) in the January - June period while it collected over VND29.6 trillion (US$1.27 billion) from debts during the period. The VBSP’s loans have contributed to supporting production and business activities, creating jobs for nearly 216,000 workers including 1,900 who are working abroad under definite-term labor contracts. The loans have also helped nearly 9,000 students in difficult circumstances have opportunities to pursue their studies. In addition, VBSP has provided funding for the construction of 770,000 water supply and sanitation facilities in rural areas and the construction of 11,500 social houses for other disadvantaged groups. The total outstanding loan of the VBSP reached over VND219.5 trillion (US$9.7 billion) by the end of June 2020, up 6.2% compared to that in late 2019, with 6.5 million active customers. en.nhandan.com.vn |
- 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)
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- 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
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- VBSP PROGRESS REPORT - FIRST 9 MONTHS OF 2025
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- Ma’am People’s Council Representative of the loan borrowers
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- Disadvantaged Students Scheme
- A woman entrepreneur and loan borrower
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- HCM City provides more loans for small businesses, poor families affected by COVID-19
- 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
- VBSP PROGRESS REPORT - FIRST 9 MONTHS OF 2025
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