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Updated: 2021-11-29 08:32:14

Reducing lending interest rates for VBSP’s credit programs

(VBSP News) Deputy Prime Minister Le Minh Khai has just signed Decision No. 1990/QD-TTg on reducing lending interest rates for credit programs at VBSP. Accordingly, a 10% reduction in the lending interest rate for VBSP’s credit programs is regulated by the Prime Minister.

10% reduction in the lending interest rate for VBSP’s credit programs is regulated by the Prime Minister

VBSP strengthens measures to balance operational costs to reduce lending interest rates within the capital plan covering interest rate differences and administrative costs assigned in 2021.

The time of reducing the lending interest rates for the above-mentioned credit programs applies to outstanding loans at VBSP from October 1, 2021 to the end of December 31, 2021. After December 31, 2021, the lending interest rates of VBSP’s credit programs will comply with current regulations of the Prime Minister.

The Decision takes effect from October 1, 2021 to the end of December 31, 2021.

vbsp.org.vn

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Lending to near poor households 7,92%/year

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Lending to disadvantaged students 6,6%/year

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1 week 3,23%/year
2 week 3,5%/year
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