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

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

• Vietnamese government supports employees, small businesses and firms amid COVID-19
• Poor households in border region assisted through pandemic
• Pandemic-hit employers to access interest-free loans to pay staff
• Farmers create a considerable fortune from preferential loans
• Escape from poverty thanks to preferential loans
• Helping farmers to recover production after epidemics - VBSP Quang Ngai province
• Newsletter Vol 21
• Guideline on lending for employers to pay job severance wage for their wokers
• Online training conference on lending employers to pay salaries for their employees
• Ready to roll out the new resolution for employers 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...