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Updated: 2020-07-17 17:12:01

Vietnam Bank for Social Policies is currently the leading microfinance provider in Vietnam and one of the largest microfinance providers in Asia

Speech of Mr. Alwaleed Alatabani, Lead Financial Sector Specialist - Finance, Competitiveness and Innovation Global Practice East Asia and Pacific Region, World Bank in Vietnam in the Online National Conference on the review of the 5 - year implementation of Directive No. 40 of the Secretariat of the Central Committee of the Communist Party of Vietnam on strengthening the Party's leadership for social policy credit dated July 15, 2020.

 

 

 

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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...