Tiếng việt
Stay Connected:

Press Release

Updated: 2021-01-14 16:54:38

Over 6.4 million poor, near-poor households access inclusive finance

(VBSP News) VBSP is providing loans for 6.4 million poor and near-poor households.

Over 6.4 million poor, near-poor households access inclusive finance

As of the end of 2020, the bank’s total credit balance stood at 226.19 trillion VND (9.86 billion USD), a year-on-year rise of 9.4 percent.

Its loans have generated jobs for more than 361,000 laborers at home, and supported over 5,200 guest workers, along with nearly 44,600 disadvantaged students.

Around 200 businesses have accessed the loans to ensure wages for more than 8,500 employees affected by the COVID-19 pandemic.

The capital has also contributed to the building of 1.3 million water supply and hygiene facilities in rural areas, and thousands of houses for poor households.

Its accumulative policy credit capital was 233.42 trillion VND at the end of 2020, up 21.53 trillion VND year-on-year.

Such localities as Hanoi, HCM City, Da Nang, Binh Duong, Ba Ria-Vung Tau, Dong Nai, Binh Dinh, Quang Ninh and Vinh Phuc have made outstanding performance in social policy credit activities that have significantly contributed to the implementation of policies, guidelines, targets and tasks of the Party and the State regarding sustainable poverty reduction, new-style rural area building, personnel development, and ensuring social welfare, political stability, and national defense and security.

Amidst the complex developments of the pandemic, the bank will continue to assist the poor and other social policy beneficiaries.





Poor Households

Lending to poor households 6,6%/year
Lending to poor households in 64 poor districts as stipulated by the Government Resolution No.30a in 2008 3,3%/year

Near Poor Households

Lending to near poor households 7,92%/year


Lending to disadvantaged students 6,6%/year

People in need of loans for job creation

Lending to business establishments owned by war invalids and handicapped persons 3,3%/year


Term Deposit Rate
Overnight 3,04%/year
1 week 3,23%/year
2 week 3,5%/year