The Rights of Disabled People to Access Loans and Credit Information in Vietnam Legal System

This study examines the social responsibility of banks and other financial institutions towards disabled people with particular reference to Vietnam. In the developing country, disabilities play an increasingly important in the social policies and national economic management. The sharp increase in the social security needed for the weaker section in recent years is found to be organically linked to the financial and banking sector. Numerous studies have suggested that inadequate credit is one of the principle obstacles facing most businesses related to disabilities in the developing countries. Small businesses throughout the world share common features and similar problems. Many of them found relationships with banks or formal credit institutions increasingly uncomfortable. This paper has attempted to discuss the moral responsibilities of commercial banks towards disabilities. The findings show that the main responsibility of the commercial banks is to balance the interests of their stakeholders while at the same time discharging their primary responsibilities. One of the important responsibilities for the commercial banks is to provide adequate financial services to the weaker section and financial institutions and commercial banks are in an ideal position to do so. More importantly, the authors clarify the legal basis on protecting the rights of disabilities in financial sectors. This does not only make clear the corporate social responsibility but also expresses the authorities and public organizations involving in the big picture of the policy. Accordingly, the role of State Bank of Vietnam, Vietnam Bank of Social Policy and related organizations are expressed. In Vietnam, there is no doubt that the organizations are main supporters for disability communities. Government authorities and public institutions must be the most pillar in the aid structure. The social organizations seem to be an essential part, but their role is quite fuzzy in practice.