Updated: 2021-03-30 13:46:02

Promoting the efficiency of job creation scheme budget

• VBSP supports to create jobs for people
• VBSP supports people to escape from poverty
• Promote the efficiency of policy credit among ethnic minorities
• Life stabilization thanks to policy budget
• Effects from social housing loan program
• Newsletter Vol 05.2021
• 88 households escaping poverty in Can Tho city received preferential loans from VBSP
• Efficiency of lending for Safe Water and Rural Sanitation
• Policy credit programs support poor households to escape from the poverty
• Effectiveness of activities entrusted between VBSP and socio-political organizations

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...