Updated: 2020-04-06 13:47:36

Proposal of reducing by 15% of lending interest rate for poor households

• Dong Nai implements student loan programs for those pursuing studies in STEM fields
• Governor of the State Bank of Vietnam Nguyễn Thị Hồng was rated A+ by Global Finance
• Can Tho has started disbursing preferential loans to students in STEM fields
• Preferential STEM Credit - A Starting Point for Knowledge and Creativity
• VBSP offers preferential loans to students, master’s students, and doctoral candidates in science, technology, engineering, and mathematics (STEM) fields
• VBSP helping Lao Cai achieve sustainability
• VBSP Ky Son stands by locals with timely and compassionate support
• Son La enhances effectiveness of policy credit
• Vietnam’s Experience in Agricultural Development
• Maintain policy credit transaction points

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...