On October 26, 2026, in Bac Ninh City, Lim Town People’s Credit Fund (PCF) held a ceremony to celebrate the 30th anniversary of its establishment (October 26, 1996 – October 26, 2026), marking three decades of growth and development.
The ceremony was attended by Ms. Nguyen Thi Thuy Dung – Standing Vice Chairwoman of the Bac Ninh City Cooperative Alliance; representatives of State Bank of Vietnam (SBV) Regional Branch 12; and former leaders of the SBV’s Bac Ninh Branch.
Representing the Co-operative Bank of Vietnam (Co-opBank) were Mr. Nguyen Ngoc Thanh – Deputy General Director, together with several heads of departments at the Head Office and leaders of Co-opBank’s Bac Ninh Branch.
Also in attendance were representatives of the Vietnam Association of People’s Credit Funds, the Eastern Northern Regional Branch of Deposit Insurance of Vietnam (DIV), leaders of the Party Committee, People’s Council, People’s Committee, and Vietnam Fatherland Front Committee of Tien Du Ward, as well as representatives of PCFs from within and outside the province.
Over its 30 years of development, Lim Town PCF has established itself as a community-oriented cooperative credit institution and a trusted financial partner for its members and local residents. The PCF has actively mobilized idle savings from the community to meet borrowing needs for production and business activities, contributing to improved living standards and local socio-economic development. These achievements reflect the dedication of successive generations of staff and employees, as well as the trust and continued support of its members, providing a solid foundation for the PCF to maintain safe, stable, and efficient operations.
Throughout its operations, Lim Town PCF has maintained close cooperation with Co-opBank in capital intermediating, placing temporarily idle funds with Co-opBank’s Bac Ninh Branch, and participating in syndicated lending. These activities have helped improve capital utilization, strengthen linkages and resource sharing, and promote mutual support across the PCF Network, contributing to its safe, sound, and sustainable development.
Alongside efforts to improve the quality of its credit operations, Lim Town PCF has actively adopted digital banking products and services provided by Co-opBank, gradually diversifying the range of services available to its members and customers. The provision of services such as payment accounts, electronic fund transfers, electronic banking, and modern payment facilities has helped enhance service quality and enabled local residents to access financial services more quickly, conveniently, and securely. The PCF’s proactive approach to innovation and technology adoption demonstrates its ability to adapt to the banking sector’s evolving trends while opening up opportunities to improve operational efficiency in the years ahead.
Speaking at the ceremony, Mr. Nguyen Ngoc Thanh – Co-opBank Deputy General Director, congratulated Lim Town PCF on its achievements over 30 years of development. He commended the solidarity and dedication of successive generations of staff and employees, together with the trust and continued support of members, which have laid a strong foundation for the PCF’s growth. He also acknowledged the PCF’s close cooperation with Co-opBank in capital intermediating, syndicated lending, and the adoption of digital banking products and services.
Mr. Nguyen Ngoc Thanh emphasized that, as the PCF Network enters a new stage of development with increasingly demanding requirements for financial capacity, governance, risk control, and digital transformation, Lim Town PCF should continue to strengthen its financial position, improve the quality of its governance and management, and enhance internal inspection and control. The PCF should also strictly comply with applicable laws and regulations, proactively prevent risks, and ensure operational safety. At the same time, it should uphold its cooperative principles, place the legitimate interests of its members at the center of its operations, proactively identify local residents’ financing needs, and prioritize support for viable production and business plans, aligning its lending activities with local economic development objectives. Further promoting technology adoption, expanding the use of digital banking services, and improving service quality will also be essential to ensuring the PCF’s stable development and better meeting members’ needs in the years ahead.
At the ceremony, Mr. Nguyen Huu Hoa – Chairman of the Board of Directors of Lim Town PCF, expressed his sincere appreciation for the guidance and support provided by the SBV and local authorities, as well as Co-opBank’s continued assistance and partnership throughout the PCF’s operations.
Looking ahead, Mr. Nguyen Huu Hoa affirmed that Lim Town PCF would continue to foster solidarity, strengthen its governance capabilities, enhance risk controls, ensure operational safety, and strictly comply with applicable laws and regulations. The PCF would also step up technology adoption, improve service quality, and enhance the effectiveness of services for its members, thereby making a positive contribution to local socio-economic development and supporting the safe, stable, and sustainable growth of the PCF Network.
The 30th anniversary celebration marks a significant milestone, recognizing Lim Town PCF’s journey of dedication, growth, and achievement while ushering in a new chapter filled with both opportunities and challenges. Co-opBank is confident that, building on the strong foundations it has established and with the continued support of the relevant authorities, local government, and Co-opBank, Lim Town PCF will continue to strengthen its solidarity, embrace innovation, and enhance the quality of its operations. In doing so, the PCF will further affirm its role as a trusted financial partner for its members and local residents, while making positive contributions to local socio-economic development.
Reporter
