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The City People's Committee issued Decision No. 3650/QD-UBND dated October 17, 2024, replacing Decision No. 2082/QD-UBND dated October 14, 2009 on approving the Charter of the […]
The City People's Committee issued Decision No. 3650/QD-UBND dated October 17, 2024, replacing Decision No. 2082/QD-UBND dated October 14, 2009 on approving the Charter of Organization and Operation of the Hai Phong City Cooperative Development Support Fund
Hai Phong City Cooperative Development Support Fund has been reorganized and operated according to the Decision of the People's Committee of Hai Phong city; organized and operated according to the provisions of Decree 45. The Fund belongs to the Hai Phong City Cooperative Alliance.
Hai Phong City Cooperative Development Support Fund is an off-budget State financial fund, operating under the model of a single-member limited liability company with 100% charter capital held by the State, operating not for profit, preserving and developing capital, with autonomy and self-responsibility in the management and use of capital to perform the function of preferential lending to cooperatives, cooperative unions, and members of the organization. cooperatives and cooperatives (except for cooperative members who are businesses).
The Fund has legal status, charter capital, seal, and is allowed to open accounts at the City State Treasury and commercial banks operating legally in Hai Phong city according to the provisions of law.
Functions and tasks of Hai Phong City Cooperative Development Support Fund: