vbsp creating jobs for farmers

VBSP creating jobs for farmers

By taking out loans from the Vietnam Bank for Social Policies, various families in rural areas have gained access to credit for business activities. They have become better off and created jobs for others, extending the social effect of loan programmes.
micro finance transforms the lives of poor vietnamese women

Micro finance transforms the lives of poor Vietnamese women

Access to micro finance programmes has helped thousands of women in Vietnam escape poverty and furthered the gender equality agenda.
vietnam bank for social policies celebrates 16 years of meaningful work

Vietnam Bank for Social Policies celebrates 16 years of meaningful work

The Vietnam Bank for Social Policies is ranked among the biggest micro-finance providers in the world, said the Asia-Pacific Rural and Agricultural Credit Association. The Vietnamese bank boasts seven million of customers in 11,000 communities across the country.
microcredit from vbsp transforms the lives of bac kans poor families

Microcredit from VBSP transforms the lives of Bac Kan's poor families

Thanks to microcredit programmes from Vietnam Bank for Social Policies, various ethnic minority families have received the funding needed to kick-start their business and lift themselves out of poverty.
changing the poors perceptions on finance

Changing the poor’s perceptions on finance

Policy credit programmes have helped change the financial perception among the poor on savings, self-raising funds, and accumulating for the future, elevating millions of households out of poverty.
social housing projects halted by capital shortage

Social housing projects halted by capital shortage

In April 2017, the National Assembly Standing Committee granted the Việt Nam Bank for Social Policies (VBSP) VNĐ2 trillion ($88 million) to implement the housing assistance programme for those who have contributed to the revolutionary cause. However, both homeseekers and enterprises were unable to access the preferential loans.
vbsp celebrates 15th anniversary

VBSP celebrates 15th anniversary

Vietnam Bank of Social Policies has enjoyed a successful 2017, celebrating its 15th anniversary. Nguyen Van Ly, deputy CEO of the bank, shared with Ha An his thoughts about this milestone and the bank’s future strategy.
interest rate for social housing loans

Interest rate for social housing loans

The Việt Nam Bank for Social Policies (VBSP) interest rate for social housing loans in 2017 will be 4.8 per cent per annum, or 0.4 per cent a month, according to a decision just signed by Prime Minister Nguyễn Xuân Phúc.
govt cuts loan rates to support needy people

Govt cuts loan rates to support needy people

Prime Minister Nguyen Tan Dung has signed a decision to lower lending rates for needy households, policy beneficiaries, and students seeking loans at Viet Nam Bank for Social Policies (VBSP).
vbsp offloads g bonds worth 3528 million

VBSP offloads G-bonds worth $35.28 million

The Vietnam Bank for Social Policies (VBSP) offloaded more than half of the VND1.5 trillion (US$70.4 million) government bonds that it offered on March 2, said the Hanoi Stock Exchange (HNX).