Updated: 2024-08-20 11:40:33

Prime Minister hails social policy credit’s role in poverty reduction

• Dak Lak promotes social policy credit to advance sustainable poverty reduction in rural areas
• Supporting reintegration and stable livelihoods for rehabilitated individuals
• The VBSP Trade Union provides VND 1 billion (approximately USD 40,000) to support Dak Lak Province in overcoming natural disaster consequences
• Honoring Ceremony to The Asia Foundation
• 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

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...