The State Bank of Vietnam (SBV) outlined progress in implementing Vietnam’s dedicated credit policy for people who have completed prison sentences, delivered via the Vietnam Bank for Social Policies (VBSP), during a Ministry of Public Security conference reviewing community reintegration measures and two years of the lending programme. SBV Deputy Governor Nguyen Ngoc Canh said the SBV had coordinated with the Ministry of Public Security and relevant agencies to develop the Prime Minister’s decision establishing the policy, which took effect on 10 October 2023, and has since directed credit institutions to allocate funding and simplify loan procedures to facilitate access to bank credit. SBV also highlighted its ongoing support for VBSP, including directing state-owned credit institutions to maintain a 2% deposit balance at VBSP to help fund policy lending, and work to advance a national implementation plan for strengthening social policy credit. By end-2025, VBSP’s total funding was nearly VND 426.3 trillion and outstanding policy credit exceeded VND 413.5 trillion; for the former-prisoner lending programme specifically, outstanding loans were about VND 1.2 trillion to more than 14,000 borrowers, with VND 100.7 billion in repayments collected. Looking ahead, SBV said it will continue coordinating with the Ministry of Public Security on implementation of the credit programme and will consider amendments if needed based on practical rollout, while maintaining broader measures to support VBSP’s delivery of government-assigned policy credit programmes.
State Bank of Vietnam 2026-04-01
State Bank of Vietnam reports VND 1.2 trillion in outstanding social policy loans to more than 14,000 former prisoners
The State Bank of Vietnam outlined implementation of Vietnam’s dedicated credit policy for people who have completed prison sentences, delivered through the Vietnam Bank for Social Policies, including funding allocation and simplified loan procedures. As of end-2025, VBSP’s total funding was nearly VND 426.3 trillion with outstanding policy credit of over VND 413.5 trillion, including about VND 1.2 trillion in loans to more than 14,000 former prisoners. The State Bank of Vietnam will continue coordinating with the Ministry of Public Security on programme implementation and consider amendments based on practical experience.