News & Events
Over 1.1 million poor households access preferential loans in 6 months
(VBSP News) More than 1.15 million poor households and policy beneficiaries gained access to preferential loans in the first half of 2019, according to the Vietnam Bank for Social Policies (VBSP).
The loans also helped nearly 113,000 workers secure jobs and over 8,000 students pursue study, while assisting with the building of more than 760,000 rural clean water and sanitation facilities and 10,000 houses for policy beneficiaries.
As of June 30, the VPSP’s total loan outstanding balance exceeded 198.5 trillion VND (8.5 billion USD).
Meanwhile, during the period, overdue debts hit 807 billion VND, making up 0.41 percent of the outstanding balance.
VBSP General Director Duong Quyet Thang urged VBSP units to focus on improving credit quality.
He also requested more assistance from local authorities toward the operations of VBSP units in a bid to increase resources helping people overcome poverty.-VNA
- Ethnic minorities in Cao Bang
- Coastal communes - Rising out of poverty
- Support disadvantaged students
- Bringing policy capital to disadvantaged areas
- Prime Minister hails social policy credit’s role in poverty reduction
- Da Nang: Strongly promoting policy credit resources
- Supporting sustainable poverty reduction in Dakrong district
- Socio-economic development in Quang Ngai
- New life in the highlands of Mu Cang Chai
- Binh Son effectively implements policy credit sources
- Functions and duties of mass organizations and Savings and credit groups
- Newsletter Vol 2
- A cool wind for the poor
- Assessment of commune transaction in VBSP
- Having capital to plant Ginseng, Tu Mo Rong people escape from poverty
- Small capital gains great momentum
- NAM DAN: Take advantage of policy credit for new rural development
- Fighting off informal credit
- Nourishing flow of capital for the poor
- Tourism is developed thanks to the Job Creation Program
- Ethnic minorities in Cao Bang
- Coastal communes - Rising out of poverty
- Support disadvantaged students
- Bringing policy capital to disadvantaged areas
- Prime Minister hails social policy credit’s role in poverty reduction
- Da Nang: Strongly promoting policy credit resources
- Supporting sustainable poverty reduction in Dakrong district
- Socio-economic development in Quang Ngai
- New life in the highlands of Mu Cang Chai
- Binh Son effectively implements policy credit sources
LENDING INTEREST RATE
|
DEPOSIT INTEREST RATE
|