Xuan Hoa People's Credit Fund announces information

Unit: XUAN HOA PEOPLE'S CREDIT FUND

Head office address: Dong Phong Hamlet, Van An Commune, Nghe An Province.

Tax identification number: 2900650413.

Phone: 0374473678; Email: [email protected]

The person responsible for disclosing the information is Mr. Dinh Duc Thang - Chairman of the Board of Directors - Legal representative of Xuan Hoa People's Credit Fund.

Announcement Content : Xuan Hoa People's Credit Fund hereby announces the following changes in accordance with Decision No. 125/QD-KV8 dated March 18, 2026 and Decision No. 297/QD-KV8 dated May 26, 2026:

1. Name of the People's Credit Fund: Xuan Hoa People's Credit Fund

2. Registered capital : VND 9,380,189,000 (In words: Nine billion, three hundred eighty million, one hundred eighty-nine thousand dong).

3. Head office address:

Dong Phong Hamlet, Van An Commune, Nghe An Province.

4. Activity content:

a. Raising capital in Vietnamese Dong

- Accepting demand deposits, time deposits, and savings deposits from members, organizations, and other individuals in Vietnamese Dong.

- Loans from Cooperative Banks; loans from other credit institutions, branches of foreign banks.

b. Lending activities in Vietnamese Dong

- Providing loans to customers who are members;

- Providing loans to members of poor households who are registered as permanent residents within the operating area of the People's Credit Fund, in cases where the poor household is not a member of the People's Credit Fund;

- Lending to members that are legal entities, customers that are legal entities, and individuals who are not members but have deposits at the People's Credit Fund, based on collateral in the form of deposit balances at the People's Credit Fund itself, as stipulated by the State Bank of Vietnam;

- Providing syndicated loans in conjunction with the Cooperative Bank to members of the People's Credit Fund in accordance with the law.

c. Other activities

- Providing money transfer services for members and customers of the People's Credit Fund (excluding opening payment accounts for customers);

- The payment service agent for the Cooperative Bank provides services to members and customers of the People's Credit Fund, specifically:

+ Receive payment account opening applications; check their legality and validity; verify and ensure the accuracy and consistency of documents, information, and data provided by customers; verify customer identification information according to the instructions of the Cooperative Bank before submitting it to the Cooperative Bank and instructing customers on how to use their payment account.

+ Receive bank card issuance applications; check their legality and validity; verify and ensure the accuracy and consistency of documents, information, and data provided by customers; verify customer identification information according to the instructions of the Cooperative Bank before submitting it to the Cooperative Bank and instructing customers on how to use the bank card.

+ Receiving customer requests for payment services, preparing, signing, or applying electronic confirmation methods, controlling and processing customer payment documents, transferring customer transaction information to the Cooperative Bank, and disbursing cash to customers to facilitate cash withdrawals from customer-identified debit and prepaid cards issued by the Cooperative Bank.

- Participate in capital contribution at the Cooperative Bank;

- Open a payment account at the State Bank of Vietnam, commercial banks, cooperative banks, or branches of foreign banks;

- Deposit money at the Cooperative Bank to regulate capital.

We hereby declare that the information published above is true and accurate, and we assume full legal responsibility for the content of the information we have published.

LEGAL REPRESENTATIVE

CHAIRMAN OF THE BOARD OF DIRECTORS

Dinh Duc Thang

Source: https://baonghean.vn/quy-tin-dung-nhan-dan-xuan-hoa-cong-bo-thong-tin-10339377.html