Implementing the tasks of the People's Credit Fund in 2026

On January 11th, the State Bank of Vietnam, Regional Branch 4, in coordination with the Vietnam Cooperative Bank, organized a conference to implement the tasks of the People's Credit Fund in 2026.

Attending the conference were: Ms. Truong Thu Hoa - Director of the State Bank of Vietnam, Region 4; Mr. Nguyen Quoc Cuong - Chairman of the Board of Directors of the Vietnam Cooperative Bank; and Mr. Dang Duy Cuong - General Director of the Vietnam Deposit Insurance Corporation.

The scene at the conference.

Following the directives of the State Bank of Vietnam and aligning with the socio -economic development orientations of each locality, in recent times, the People's Credit Funds under the management of the State Bank of Vietnam Region 4 have proactively developed and implemented operational plans in a safe and efficient manner.

To date, the entire system has 101 funds operating in 87 communes and wards with more than 132,000 members. Total operating capital reached nearly 18,900 billion VND; outstanding loans reached nearly 14,900 billion VND, increasing by 5.67% and 3.78% respectively compared to the previous year.

Credit is primarily focused on essential production and business sectors of the economy, with basic short-term lending interest rates maintained at a stable level, facilitating members' access to capital. Simultaneously, People's Credit Funds are gradually promoting the application of technology in management and transactions, contributing to improved operational efficiency and service quality.

At the conference, delegates focused on discussing and sharing experiences in reorganizing People's Credit Funds; restructuring plans associated with handling bad debts; the role of internal auditing; and solutions to improve the effectiveness of capital support for members. This is an important foundation for the People's Credit Fund system to continue developing stably and sustainably in 2026 and the following years.

Signing of regulations on coordination in providing and exchanging information between the State Bank of Vietnam, Regional Branch 4, and the Vietnam Cooperative Bank.

Also during the program, the State Bank of Vietnam's Regional Branch 4 and the Vietnam Cooperative Bank signed a cooperation agreement on information provision and exchange. This contributes to concretizing the State Bank of Vietnam's policy on reorganizing and enhancing the capacity of the People's Credit Fund system towards safety, sustainability, and autonomy, while affirming the central and core role of the Cooperative Bank in supporting and developing this system.

Dang Khoa

Source: https://baophutho.vn/trien-khai-nhiem-vu-quy-tin-dung-nhan-dan-nam-2026-245571.htm