vbsp praised for efficient operating model

VBSP praised for efficient operating model

Vietnam Bank for Social Policies has been praised by the delegation of the Asia-Pacific Rural Agricultural Credit Association (APRACA) on a Vietnam visit to attend the recent international workshop on “Pro-Poor Rural and Agricultural Finance Best Practices: Experiences of Vietnam.”
vbsp gains from cooperation with japanese partners

VBSP gains from cooperation with Japanese partners

Vietnam Bank for Social Policies has built relationships with many Japanese partners over the years to help aid its credit policy development.
making the dream of house ownership come true with vbsp funding

Making the dream of house ownership come true with VBSP funding

The life quality of customers having settled down in their dream houses bought with capital support from VBSP units has constantly improved.
the impressive 20 year development journey of vbsp

The impressive 20-year development journey of VBSP

Founded on October 4, 2002, the past 20 years has marked a successful development journey for the Vietnam Bank for Social Policies (VBSP) whose work has played a significant role in turning Vietnam into a bright spot in the global implementation of the millennium development goals on poverty reduction.
vbsp toasts 9 month upbeat performance

VBSP toasts 9-month upbeat performance

On September 21, the Vietnam Bank for Social Policies (VBSP) convened its periodical third-quarter meeting where CEO Duong Quyet Thang noted the highlights of the bank’s operation in the first nine months as well as plans to accomplish development tasks in the rest of 2022.
credit tweak opens door for economic rejuvenation

Credit tweak opens door for economic rejuvenation

Credit institutions with ample financial buffers, sound risk management, and participation in weak banks’ restructuring journey would gain an upper hand in terms of higher-than-average loan ceilings.
hanoi creates stable fulcrum to aid policy credit

Hanoi creates stable fulcrum to aid policy credit

With effective support from the city’s management at various levels, Hanoi has witnessed positive outcomes with policy credit activities over the past two decades, helping several hundred thousand needy households to escape poverty sustainably.
vbsp shows inspiring first half performance

VBSP shows inspiring first-half performance

On July 7, the Board of Directors of the Bank for Social Policies (VBSP) convened its second-quarter meeting chaired by Nguyen Thi Hong – also State Bank Governor – noting strong results across a wide range of its operations.
vbsp ha nam supports new rural development

VBSP Ha Nam supports new rural development

Policy credit has become the main pillar helping Ha Nam province to realise the national target programme on sustainable poverty reduction, completing the task of building a new countryside along with guaranteed social security in the province.
nearly 64 million households become beneficiaries of policy credit

Nearly 6.4 million households become beneficiaries of policy credit

Despite the surging outstanding loan balance of policy credit programmes, debt quality across the Vietnam Bank for Social Policies (VBSP) system continues to be stable, with overdue and frozen debt accounting for a mere 0.7 per cent of total outstanding loans.
support for deprived residents in hung yen province

Support for deprived residents in Hung Yen province

Policy credit sources from VBSP’s Hung Yen branch are helping needy households in a northern province escape from poverty.
policy credit the fulcrum to support the poor

Policy credit: the fulcrum to support the poor

Along with the government’s many policies and measures to realise the national target programmes on sustainable poverty reduction and building new-style rural areas, the Vietnam Bank for Social Policies has been carrying out multiple policy credit programmes assigned by the government with efficient support for needy people and diverse policy beneficiaries.
policy credit drives growth across vietnam

Policy credit drives growth across Vietnam

From just three credit programmes at first, the Vietnam Bank for Social Policies currently deploys more than 20 credit programmes in favour of needy households and other policy beneficiaries under the government’s assignment and several loaning schemes.
policy credit aids the fight against covid 19

Policy credit aids the fight against COVID-19

The active engagement of Vietnam Bank for Social Policies has provided ample support the government’s efforts to combat the pandemic and protect the most vulnerable in society.
policy credit efficient to ensure social well being

Policy credit efficient to ensure social well-being

By the end of this third quarter, more than $11.26 billion of policy credit under diverse government support packages came to needy households and other policy beneficiaries through the Vietnam Bank for Social Policies (VBSP) system, helping many locals to escape poverty in a sustainable manner.