VISITORS
News & Events
Over 4,000 houses built with social policy credit
(VBSP News) Social policy credit helped to build more than 4,000 houses, along with over 1.2 million safe water supply and sanitation facilities in rural areas in 2019.
Thanks to VBSP's loans, many families had beautiful houses to live
Thanks to VBSP’s loans, more than 266,000 people have got jobs, with nearly 7,000 sent abroad as guest workers, and 36,000 disadvantaged students have continued their study.
The VBSP said its total credit balance stood at over VND 206.8 trillion (8.9 billion USD) as of the end of December 2019, up 10.1 percent compared to last year’s figure.
Of the amount, 73.8 percent was channeled into production and business activities that created livelihoods and jobs.
The rate of overdue and charge-off debts made up 0.7 percent of the total outstanding balance.
Meanwhile, the outstanding balance of credit programs assigned by the Prime Minister reached nearly VND 180 trillion, up 9 percent year-on-year.
The accumulative capital for social welfare credit reached more than VND 216.36 trillion in 2019, up VND 17.58 trillion from the year earlier, with VND 15.4 trillion entrusted by local budgets.
VBSP General Director – Mr. Duong Quyet Thang has asked the bank’s departments to follow the Government’s guidelines on socio-economic development and credit growth plans in 2020 assigned by the PM.
He required all units of the bank to take initiative in mobilizing financial resources for lending and timely disbursing credit in order to meet financial demands of the targeted groups, thus contributing to reducing black credit and improving the operational efficiency of the bank.
- Economic development in Can Tho City
- Social policy credit helps people in Anh Son district get out of sustainable poverty
- Overcoming difficulties thanks to preferential credit
- Rising out of poverty thanks to policy credit
- Lang Son strives to reduce poverty
- Motivation from preferential policy credit
- The efficiency of entrusted policy credit activities
- Get out of poverty thanks to preferential policy credit
- Policy credit improves people's quality of life
- Economic development in ethnic minorities
- Effectiveness of Job Creation Lending Program in Ha Nam province
- Rural and agriculture finance for the poor and other vulnerable groups - Best practices from VBSP
- Support disadvantaged students - Increase in loan amount
- The effectiveness of inclusive finance in Gia Lai province
- VBSP’s positive results on social security responsibility to vulnerable groups
- Policy credit: An effective tool for sustainable poverty reduction
- Boost inclusive finance service for ethnic minorities to escape poverty
- A big change in awareness and action - VBSP (part 4)
- A big change in awareness and action - VBSP (part 3)
- Social policy credit contributes to sustainable poverty reduction and new rural construction
- Economic development in Can Tho City
- Social policy credit helps people in Anh Son district get out of sustainable poverty
- Overcoming difficulties thanks to preferential credit
- Rising out of poverty thanks to policy credit
- Lang Son strives to reduce poverty
- Motivation from preferential policy credit
- The efficiency of entrusted policy credit activities
- Get out of poverty thanks to preferential policy credit
- Policy credit improves people's quality of life
- Economic development in ethnic minorities
LENDING INTEREST RATE
|
||||||||||||||||||||
DEPOSIT INTEREST RATE
|
||||||||||