On March 30 and 31, 2026, at the Phu Tho Provincial Convention Center, Vietnam Cooperative Bank successfully organized the 2025 Member Congress with the participation and direction of Standing Deputy Governor of the State Bank Doan Thai Son and representatives of leaders of ministries and nearly 1,200 people's credit funds nationwide.
Speaking at the opening of the Congress, Chairman of the Board of Directors Nguyen Quoc Cuong affirmed that with the highest determination and sense of responsibility, Co-opBank has drastically and synchronously implemented many flexible solutions to successfully implement the Restructuring Plan associated with bad debt handling in the period 2021-2025 in accordance with the Decision of the Prime Minister and the Governor of the State Bank of Vietnam.
This Congress is considered an important turning point when the entire system officially enters a new stage of development on the foundation of firmly inheriting core values after more than 30 years of development, and at the same time selecting outstanding personnel with heart and vision to the Board of Directors and the Supervisory Board for the new term to realize strategic goals.
The detailed report shows that in the past 5 years, Co-opBank has focused on three key tasks: completing mechanisms and policies as well as restructuring the apparatus and promoting digital transformation, especially taking advantage of Law No. 68/2025/QH15 to open the foundation key for the roadmap of increasing charter capital and consolidating financial capacity in the future.
In capital regulation, the unit has well performed its leading role with deposit turnover reaching 796.849 billion VND and lending turnover to the People's Credit Fund reaching 114.362 billion VND, making an important contribution to helping member units proactively source capital to serve agricultural economic development in the locality.
In addition, the CF-eBank electronic banking system has connected payments with more than 1,000 credit funds, helping money transfer turnover increase more than 7 times and the number of payment accounts increase more than 70 times, while effectively deploying the payment agent model to expand digital financial access for people in remote and isolated areas.
On behalf of the Board of Directors of the State Bank, Standing Deputy Governor Doan Thai Son warmly praised the impressive achievements in profit growth of 51.87% and bringing the bad debt ratio to a record low of 0.34%, and assigned the task for the new term to closely follow the management orientation of the State Bank to increase credit growth associated with safety and efficiency.
The Deputy Governor emphasized that Co-opBank needs to raise its leading role in implementing the Project to restructure the people's credit fund system by strengthening comprehensive inspection and supervision to detect early and promptly handle risks arising in weak units, ensuring absolute safety for the entire cooperative financial network.
In the roadmap to lead digital transformation, Co-opBank must not only modernize itself but also support payment infrastructure as well as provide digital banking services to credit funds. "Narrowing the technological gap between urban and rural areas through the QTDND network is an important requirement in the current period," he emphasized.
Leaders of the State Bank also reminded the unit to urgently complete the plan to increase charter capital, and at the same time consolidate the organizational structure and improve risk management capacity according to modern standards combined with tightening operating discipline and order to prevent violations of professional ethics.
Finally, the Board of Directors and the Executive Board of the new term need to fully fulfill the responsibilities of state capital representatives to ensure effective use of assets associated with actual operating results to continue to affirm their position as the Bank of all People's Credit Funds and make positive contributions to the prosperity of the country in the new development stage.
