Updated: 2023-01-17 10:40:55

VBSP's journey in poverty reduction over the past 20 years

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• Escape from falling back into poverty thanks to preferential loans
• High-ranking delegation of ASDP - Nepal working at VBSP
• Improve policy credit quality through the model of Savings and Credit groups
• Provide inclusive financial schemes for the poor and disadvantaged groups
• Contribution to the implementation of the National Target Program on new rural construction and sustainable poverty reduction in the 2021-2025 period
• Promoting green credit from the Rural Safe Water and Sanitation Lending Program
• Prioritizing capital for the poor
• Newsletter Vol 2.2023
• More than VND 64 billion in savings to join hands for helping the poor
• Secretary of the Provincial Party Committee Mr.Ho Quoc Dung visited and worked at the VBSP in Binh Dinh province

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...