VISITORS
Press Release
The Final Diagnostic Report on VBSP
(VBSP News) Within the Vietnam Financial Inclusion Support Framework (FISF), Project P162223, World Bank made the Final Diagnostic Report on VBSP. This report was prepared with resources of the FISF Trust Fund with funding from the Netherlands and the Bill and Melinda Gates Foundation. Basically, World Bank made a comprehensive and accurate assessment of the performance of VBSP in recent years.
The report summarizes the 2018 World Bank diagnostic of VBSP requested by the Ministry of Finance and VBSP. This report reviews VBSP’s performance to date with respect to the goals set out for this public financial institution its 2011-2020 strategy and provides options for VBSP going forward, with the goal of informing the new strategy for VBSP.
VBSP, a state-owned development bank, is an important source of financial services in Vietnam, particularly in rural areas. Its 6.7 million Vietnamese at the end of 2018 means that not only is it the largest provider of microfinance services in Vietnam, it is also one of the largest providers of microfinance in Asia.
The purpose of this report is to review the performance of VBSP as a public financial institution and to assess the implementation of its model of a development bank evolving toward market-orientation in accordance with the World Bank’s scope of work with the VBSP and the Ministry of Finance. The goal of the market-oriented development bank model is to help VBSP sustainably respond to the changing needs of its clientele as per the directions outlined in its Development Strategy in the period of 2011 - 2020 and in Decision No. 1726/QD-TTg approving the Proposal for Expanding Access to Banking Services for the Economy in September 2016. With review of VBSP’s performance to date and options for VBSP going forward, this report has been designed to provide independent inputs to the new strategy for VBSP.
The report is published on the World Bank's website in order to promote the sharing and knowledge exchange with state-owned financial institutions across the globe. Visit the link to see the full report.
vbsp.org.vn
- Credit policies under Decision 22 for ex-prisoners to rebuild lives in Ha Nam
- Households in disadvantaged areas can borrow up to VND 100 million for business and production.
- VBSP's Trade Union worked with the Korean Finance Union delegation
- Promotion of digital financial services to enable financial inclusion for the disadvantaged population in Vietnam
- Nearly 485,000 households provided with social policy bank loans in Q1
- Newsletter Vol 4.2023
- VBSP SmartBanking launched for the poor and low-income
- The exposure visit of the Nepal delegation of ASDP in Vietnam
- Improve policy credit quality through the model of Savings and Credit groups
- Provide inclusive financial schemes for the poor and disadvantaged groups
- Review of VBSP by World Bank
- The Ministry of Planning and Investment awarded the Certificate of Merit to VBSP
- Successful customers from VBSP's inclusive finance
- VBSP’s inclusive finance supports the poor
- Transaction activities of VBSP at commune level
- Newsletter Vol 02.2021
- Lending to the poor
- VBSP contributes to financial inclusion application and client protection
- Inclusive finance contribution to the implementation of national target programs
- Over 6.4 million poor, near-poor households access inclusive finance
- Social policy credit helps people in Anh Son district get out of sustainable poverty
- Overcoming difficulties thanks to preferential credit
- Rising out of poverty thanks to policy credit
- Lang Son strives to reduce poverty
- Motivation from preferential policy credit
- The efficiency of entrusted policy credit activities
- Get out of poverty thanks to preferential policy credit
- Policy credit improves people's quality of life
- Economic development in ethnic minorities
- Life stability with preferential credit
LENDING INTEREST RATE
|
||||||||||||||||||||
DEPOSIT INTEREST RATE
|
||||||||||