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Updated: 2019-12-26 15:12:05

VBSP’s positive results on social security responsibility to vulnerable groups

(VBSP news) Over more than ten years since 2008, besides the main business activities of providing inclusive financial services for the poor and other policy beneficiaries, VBSP has also paid attention to social security activities for vulnerable groups. From only VND 133 million in 2008, the remarkable result with the total fund of VND 188 billion in 2019 is allocated to various groups all over the country.

Firstly, VBSP spends nearly one third of total fund for gratitude activities with the amount of VND 56 billion: Lifetime nourishing 50 Vietnam heroic mothers, currently 30 mothers and 20 mothers who have passed away; supporting the construction of 258 gratitude houses and charitable houses for policy families; giving presents to centers of war invalids in the Vietnamese Wounded Soldiers' and Martyrs' Day (July 27 annually); donating 1,439 savings books to 1,439 Vietnamese heroic mothers and other policy beneficiaries.

Mr Duong Quyet Thang, General Director of VBSP, visited and gave the warm wishes to Vietnam heroic mother Nguyen Thi Kinh

VBSP Bac Giang gave gifts to families of war invalids and martyrs in Hiep Hoa district    

Secondly, VBSP supports the poor with the total amount of VND 47 billion: Funding support and completing 14 bridges and roads; supporting the construction of 24 school points, classrooms and schools; providing financial support to buy 73 sets of computers for neighbor cultural houses as well as classrooms; supporting the poor to buy 83 breeding cows and others.

Handover ceremony of My Dien kindergarten in Lam Dong province

VBSP Quang Tri held an event to handover the breeding cow to ethnic minorities

VBSP Quang Ngai and the Fatherland Front Committee handed over houses to poor households in Tra Bong district

Moreover, VBSP has taken part in some charity programs about supporting people coping with natural disasters with a total amount of VND 20 billion; organized the visits and given gifts to soldiers on national defense duty in Truong Sa and DK1 oil rig and other support with a total amount of VND 10 billion; and implemented other social security programs with a total amount of VND 55 billion.

VBSP supported people in Thua Thien Hue province to overcome the floods

VBSP Quang Binh gave gifts to Cong Roang Border Guard Station Soldiers

PHOTO ARTICLES

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...