Updated: 2020-03-23 11:10:13

Poverty alleviation from VBSP's inclusive financial services

• VBSP client success stories
• VBSP's support for customers affected by drought and saltwater intrusion in the Mekong Delta
• Growing cinnamon and raising buffaloes, Yen Bai farmers escape from poverty
• Hanoi entrusts VND 650 billion through VBSP to help the poor overcome difficulties amid COVID-19
• The poor receives VBSP’s support after damage caused by COVID-19
• Proposal of reducing by 15% of lending interest rate for poor households
• VBSP Da Nang in the fight against Covid-19 pandemic
• VBSP supports disadvantaged people and workers affected by Covid-19 pandemic
• Government considers $2.6 billion support package for Vietnamese hit by COVID-19
• Supporting workers affected by Covid 19 pandemic

Links ... Asia-Pacific Rural and Agricultural Credit Association Banking with the Poor Network Ministry of Finance Ministry of Labor, War Invalids and Social Welfare State Bank

LENDING INTEREST RATE

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 Students 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 Others...

DEPOSIT INTEREST RATE

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