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

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

• Policy credit helps the lives of ethnic minorities change
• VBSP staff gave flood damage aids in Quang Tri province
• Policy credit: An efficient capital channel
• Preparing the poor for digital transformation
• VBSP offering preferential capital sources to aid students
• Financial literacy app helps the poor access financial services
• VBSP deployed financial literacy application on mobile phone for their customers
• Newsletter Vol 26
• Some results achieved: Best practice from VBSP
• VBSP General Director worked with Ambassador Extraordinary and Plenipotentiary of the Republic of Cuba in Vietnam

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...