The Safety Assurance Fund for the People's Credit Fund System (The Safety Fund) is a financial fund of the co-operative credit institution system (Co-opBank and PCFs). It is jointly owned by its members, funded through contributions from Co-opBank and PCFs, placed at Co-opBank, and managed and utilized by Co-opBank.
Support Loans for PCFs
Financial & Liquidity Support
Providing support loans to PCFs facing financial distress or payment difficulties to ensure their liquidity capacity.
Early Intervention
Providing loans to PCFs experiencing bank runs, ensuring timely early intervention in accordance with SBV regulations.
Special Loans
A special lending mechanism dedicated to emergency cases to protect depositors' rights, support PCFs during recovery periods, and ensure system safety.
Other Operational Support for PCFs
In addition to lending support activities, the Safety Fund also provides operational support to PCFs, contributing to consolidating the stability and sustainable development of the system.
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The Safety Insurance Fund for the PCF Network - coopbank