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Updated: 2020-03-18 10:36:55

VBSP broadens banking service network and channels

Opposite to other commercial banks which mostly focus on profitably operational approaches, VBSP aims to reduce poverty and improve living quality first. Thus, VBSP spreads out its services network to commune level instead of district level where most commercial banks hardly access due to high cost and low profit. Moreover, VBSP develops the credit model with Savings and Credit Groups (SCGs) operation to support the bank in communicating and promulgating to village and hamlet residents.

VBSP reaches to all cities and provinces in Vietnam 

 To date, VBSP has established such a wide network with 63 provincial branches, 631 district transaction offices and 10,956 commune transaction points throughout the country. Commune transaction points enhance access to financial services for poor people and policy beneficiaries; reduce transaction costs and travel time for customers.

To support VBSP in financial services delivery, VBSP has coordinated with local governments and mass organizations to set up and manage nearly 200,000 Savings and Credit groups assembling the poor, near poor households and other policy beneficiaries who have demand for loans. Through this model, the poor and other policy beneficiaries have access not only to preferential funds of the Government but also other financial services such as payments and deposits...Nowadays more than 6.6 million customers who are the poor and policy beneficiaries in rural areas maintain savings and transactions with VBSP.

The monthly meeting of a savings and credit group

With the widest network bank in Vietnam banking system, VBSP has improved the customers’ easy access to banking and financial services especially in rural, mountainous and remote areas.



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


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


Term Deposit Rate
Overnight 3,04%/year
1 week 3,23%/year
2 week 3,5%/year