The year 2025 concluded with numerous significant achievements in the operations of the Cooperative Bank of Vietnam (Co-opBank). Despite ongoing domestic and international economic challenges, Co-opBank demonstrated robust performance by comprehensively fulfilling and substantially exceeding the business objectives set by the State Bank of Vietnam (SBV). These accomplishments further solidify Co-opBank’s position as the primary banking institution serving People’s Credit Funds (PCFs) and as an essential financial cornerstone for the collective economy and rural development.
Mr. Nguyen Quoc Cuong – Chairman of the Board of Directors of Co-opBank delivered a directive address at the online meeting of Co-opBank on the presentation of 2025 financial performance report
Comprehensively Surpass All 2025 Targets
As of 31 December 2025, Co-opBank’s total operating capital increased by 11.41% compared to year-end 2024. Mobilized capital rose by 11.2%, reflecting stable and sustainable growth despite persistent market volatility.
Notably, inter-fund deposits from PCFs increased by 7.15%, further reinforcing the PCF system’s strong confidence in Co-opBank’s central role in capital allocation and liquidity management.
Capital deployment in 2025 recorded robust growth, closely aligned with the strategic priorities of supporting the PCF system and expanding credit to meet the economy’s development needs. Co-opBank’s outstanding loans increased by 28.96% compared to 31 December 2024, demonstrating effective risk management and governance.
Specifically, loans to PCFs surged by 77.98%, continuing to underscore Co-opBank’s position as the primary funding hub, providing timely and effective capital support to ensure liquidity stability and operational continuity across the PCF network. Outstanding loans to enterprises and individuals increased by 26.06%, with a strategic focus on production, business activities, agriculture, rural development, and the collective economy, thereby reinforcing Co-opBank’s role in channeling capital to grassroots economic sectors.
Risk management remained a major strength in Co-opBank’s operations. The non-performing loan (NPL) ratio was maintained at 0.35%, significantly below the SBV’s mandated ceiling of 2.0%; the ratio of potentially irrecoverable loans stood at just 0.26% (compared to the target of less than 1.5%).
Notably, the NPL coverage ratio reached 257% as of 31 December 2025, demonstrating Co-opBank’s robust financial capacity and proactive risk mitigation capabilities, thereby contributing to the overall stability of the system.
In 2025, Co-opBank achieved total income at 110.65% of plan, total expenses at 110.47% of plan, and pre-tax profit at 112.87% of the assigned target. Key performance and safety indicators continued to improve, with ROA at 0.42%, ROE at 5.95%, and CAR at 10.9%, reflecting sound operational efficiency, strong profitability, and a solid capital foundation.
Ms. Pham Thi Hong Minh – General Director of Co-opBank delivers remarks at the online conference
Reinforce the role as Bank of PCFs
Through the effective execution of its core functions in capital balancing, operational support, payment services, and information technology, combined with strengthened coordination with regional SBV branches, Co-opBank has continued to firmly establish its position as the primary banking institution serving the PCFs network. Its proactive support activities, early risk warning mechanisms, and close partnership with PCFs have contributed to strengthening system stability, enhancing operational capacity, and improving resilience against market volatility.
Speaking at the system-wide online conference reviewing Co-opBank’s 2025 financial performance, held on 31 December 2025, Mr. Nguyen Quoc Cuong, Chairman of the Board of Directors of Co-opBank, emphasized: “Co-opBank’s exceptional achievement in fulfilling its 2025 business plan not only reflects the dedication and determination of the entire organization, but also reaffirms the soundness of our strategic direction, with Co-opBank fulfilling mandate as the Bank of the PCFs. This provides a solid foundation for Co-opBank to continue supporting the PCFs network toward safe, stable, and sustainable development.”
The Chairman noted that during the first eleven months of 2025, deposit and lending interest rates remained relatively stable. However, upon entering December, market interest rates experienced sharp upward fluctuations, requiring Co-opBank to proactively adjust rates to ensure funding equilibrium and liquidity management. In December, Co-opBank implemented four adjustments to deposit interest rates and two adjustments to lending rates. Consequently, average deposit interest rates increased by 0.7% to 2% per annum depending on terms, while average lending rates rose by 0.5% to 1% per annum.
In light of these developments, the Chairman of the Board of Directors emphasized that through year-end and into early 2026, Co-opBank must continue to manage interest rates with flexibility and prudence, closely aligned with the objectives of maintaining liquidity, ensuring operational stability, and establishing a solid foundation for growth and sustainable development in 2026.
Looking ahead to 2026, Co-opBank will build upon the achievements realized, focusing on enhancing governance quality, accelerating digital transformation, strengthening risk management, and improving the effectiveness of support for the PCFs network.
On the occasion of the New Year 2026, the Chairman of the Board of Directors of Co-opBank extended his warmest wishes to all officers, employees, and member PCFs: “I wish all Co-opBank officers and employees, as well as member PCFs, good health, happiness, peace, and success. I am confident that, with unity and a shared vision for development, Co-opBank and the PCFs network will continue to achieve significant new milestones in 2026.”
Overview of the online meeting across Co-opBank
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