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

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

• Deposits through savings and credit group reach 170%
• VBSP Dak Po, Gia Lai prioritizes capital for cooperative members
• Small and medium enterprise scheme
• Social policy credit helps lift 2.1 million households out of poverty
• Vietnam Bank for Social Policies is currently the leading microfinance provider in Vietnam and one of the largest microfinance providers in Asia
• Rural clean water supply and sanitation scheme
• Millions of households escape from poverty thanks to VBSP inclusive finance
• The success of inclusive finance in the past 5 years
• Big step forward in awareness and action
• Promoting the strength of the entire socio-political system to join hands in hunger elimination and poverty

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...