Updated: 2022-11-03 16:11:12

VBSP supports people access to capital and prevent bad credit

• Creating jobs in Kien Giang province
• Creating livelihoods for the poor
• About 2,500 households in Binh Phuoc province tried to escape poverty
• Escaping poverty thanks to policy credit
• Hunger eradication and poverty reduction in Hoa Binh province
• Policy credit accompanied with economic development
• Effective uses of preferential credit in Phu Yen Province
• Part III - Continue to improve the quality of policy credit
• Part II "Life changed" thanks to policy credit
• Effectiveness of policy credit in Bac Kan (Part I – Accompanying with the poor and other policy beneficiaries).

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...