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Press Release

Updated: 2016-03-01 14:10:00

VBSP’s total loans outstanding growth by 10% in 2015

The Prime Minister has decided to supplement 3.5% for VBSP’s credit plan in 2015, raising the target of VBSP’s credit growth plan in 2015 from 6.5% to 10% in the Decision No. 899/QD-TTg dated 22 June, 2015.

Over the past years, poor households have accessed to preferential loans in VBSP for production and business improvement

With the above plan, as of 31st December, 2015, VBSP’s total loans outstanding will expectedly reach over VND 141,000 billion. This expresses especial concern of the Government for the poor and other policy beneficiaries although the state budget is in difficult. 

Besides, the decision to increase loan amount to the poor from VND 30 million to VND 50 million/household has facilitated the poor households, the near poor households and other policy beneficiaries with higher access to preferential credit, production and business investment, job creation, living condition improvement, sustainable poverty reduction. The loans outstanding growth rate consists with VBSP’s development strategy in the period of 2011 – 2020 approved by the Prime Minister.

updated 12th August 2015

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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...