The DIRECTIVE of the STATE BANK of 6-NH/CT on May 22, 1985 on the CONTINUATION of the construction, STRENGTHENING and DEVELOPING the CREDIT COOPERATIVE enforcement of resolutions of the Conference of the Central Committee of the Communist Party of the 6th directive, number 13-NH/CT on 28-7-1983 along with the guidance documents of the Central Bank , the provinces and cities in the country have actively implemented the construction strengthening and development of credit cooperatives and has achieved many good results.
To date, the provinces have basically finished the building, over 80% of the eligible Township has built credit cooperatives, had attracted 30 percent of workers joined the credit cooperatives, with equity of over 130 million. in the North, most provinces and cities have conducted consolidation of credit cooperatives, reached almost 70% of the old base, earned over 50 million new shares.
In General, the cooperative movement new credit is built and strengthened in terms of organization, have yet to boost business activities according to the functions and tasks assigned; amount of capital mobilization and lending out significantly yet the volume of money form as well as the needs of capital in production and life in the countryside.
Before the current requirements, as resolution session 6, 7 of the Central Committee of the Communist Party, the credit cooperatives to expand business operations plan, effectively, according to the cooperative principles for credit is an independent economic accounting, financial autonomy boost capital mobilization and lending expansion, self insure every cost and profitable, responsible and active capital assets with the legal personality of a collective economic organizations. To make the movement really become widely mass movement, because of the practical benefits of the people. The direction of operation of the credit cooperatives, go into the main mission is to serve the family's economic development in the right direction, tackling the difficult part about living, activities of credit cooperatives with the activities of the cooperative and agricultural production, sale and purchase of the cooperative the cooperative elementary , craft; at the same time make good business are banking credentials.
The directing the build, consolidate and develop the cooperative credit is a very heavy duty and must be frequently directing attention, specific levels of the Party Committee, Government; the immediate need to master advocates and remedies below for direction and implementation: I-NEW BUILD and CONSOLIDATE COOPERATIVE CREDIT INSTITUTIONS 1. The province and city of the South should urgently complete the construction of the credit cooperative in the town are eligible this year and continue to strengthen the cooperative was built, bringing the unit to go into action.
2. In the provinces, the cities of the North, continue to strengthen the cooperative credit on all three sides, professional organizations and accounting service. The commune was consolidated on the Organization, the need to boost business activities, the profession and the business itself.
3. Build credit cooperatives in the ward needed in the commune, town and city in the country. Credit cooperatives are allowed to follow the rules of organization and operation of the credit cooperative in the countryside issued decision No. 52/NH-QD on 2 June 1983 and according to Directive No. 13/NH-CT on 28-7-1983 of the General Director of the State Bank of Vietnam.
Credit cooperative was built according to the scale, each ward Ward established a cooperative credit, non-credit cooperative organization in the district.
The Ward had savings, mobilizing capital among the people was conducted two parallel forms of savings by Socialist savings took charge; the people's deposits and deposits the mass in Ward due to the credit cooperative.
Organizing, directing the construction and consolidation of credit cooperative Ward by the agricultural credit.
 
II. STRENGTHEN And EXTEND The ACTIVITIES Of The CREDIT COOPERATIVES In The COUNTRY 1. Enhancing the mobilization of capital, credit cooperatives have to mobilize capital to have enough capital for loans.
Sources of equity, credit cooperatives need extensive campaigning the development staff, attract more shares to most of those who came of age labor joined credit cooperative. The low stock levels defined place, needs through social Congress member to assign, in Ward should specify bronze 200 shares or more. In addition to stock norms, social mobilization officer required capable of contributing much stock performance.
Positive propaganda, organization, mobilization of the people sending money to the credit cooperative, the proper application of the interest rate rules, made on convenient, easy redemption, pay the full interest and capital. Should the credit organization in the countryside, neighbors, neighborhood, the production team to attract the money is under the people's daily idle on deposits or credit cooperative's deposits to save socialism. The savings is the capital of banks, credit cooperatives must be paid in full with the savings for each recurring payment.
Management of cash funds of the unions, social organization, religion, the Foundation of the collective economic organization in the commune, was the Bank Management credentials, including cooperatives, agricultural production cooperatives, buying and selling in the far Bank.
2. Extend the loans of credit cooperatives.
In addition to the short-term loan objects produce, livestock, living for the town and the people have been regulated, depending on the specific conditions, the credit cooperatives capable of mobilizing more capital, can extend loans: loan-cost production to intensive farming, increased service , increase the productivity of crops, livestock;
-Loan officer, public officer is a member of the credit cooperative Township, if that object has not yet been savings loan;
-Lend the households producing handicrafts, minor labor trade business registration;
-Lending business quarter of cooperative communal purchases;
-Particularly for the production costs of the cooperative; agricultural holdings, craft cooperatives, other economic organization in the case of the small shopping needs in cash which credit cooperatives have enough capital you can lend. In the event no credit cooperatives which then direct bank loans. The collective economy organizations in the remote township Bank, was Director of the Bank the basis of review and allow open account payment deposit, and withdraw cash at credit cooperatives.
The lenders must ensure the right policy, direction, planning, is the direction of the people's Committee and the guidelines of the State Banking Department, the city, the District of Columbia.
3. auto credit cooperatives mobilize capital to extend loans, direct equity Bank and also not encourage credit cooperative deposit money into the Bank. District Bank branch help credit cooperative to do well the work of planning, ensuring the mobilization is more capital, lending out promptly, effectively, not to form capital. The district Bank affiliations, base on the situation of the ability of each credit cooperatives to rearrange the objects for the Bank's loans in a reasonable manner and guide credit cooperatives extend loans according to point 2 section II.
Amount of capital banks have to lend credit cooperatives to recall about gradually, based on the duration of credit cooperatives are charged on the loan contract.

4. The task of making the credentials for the Bank for credit cooperatives with new construction, then customize as required every where and the possibility of credit cooperatives that delivered each business or a business number. When assigning credit cooperatives do credentials, need training, technical guidance and significant executive regulations on accounting, payment, check ... for credit cooperatives Ward, not hand made the professional credentials of credit, currency.
 
III. IMPLEMENTATION of the policy, the REGIME for the ORGANIZATION and OPERATION of the CREDIT COOPERATIVES of Council of Ministers Decree has amended some of the interest rates that banks and credit cooperatives. The Central Bank has a circular guiding the implementation schedule of the new interest rate of credit cooperatives, the Director of the Bank, the city and the district are responsible for people's Committee Chief of regulation and each time the specific interest rate adjustment for each locality in in order to encourage people to send money, the loan was extended at the same time, stimulate production, ensuring the adequate costs for credit cooperatives operate and have accrued. Need instructions and check closely, taking advantage of the difference between the types of interest rate and the interest rate changes.
About monthly allowances, other benefits for permanent officials credit cooperatives. The Central Bank is not the specific rules due to the people's Committee of the levels based on the remuneration policy materially and spiritually for the officer, level of monthly income (including cash and in-kind income) for permanent staff to correlate with the key persons commune , ward. The case has not been solved by the artifacts can be calculated by using the money to secure the income and life for permanent officials credit cooperatives. The expenses allowance for credit cooperatives. The facility would also lower income or not enough, to take measures to boost business activity, the Bank Director, consider a maximum advance of not more than 6 months and must be recovered about off after 12 months. The Bank considers the subsidy for the credit cooperatives in the early period of new construction not yet have income, the level of subsidy for each of the maximum credit cooperatives 1,000 Dong a month in six months time, the mountainous base of 12 months.
Pending retirement mode research for permanent staff, the need to rectify local back credit cooperative organization and settle for the qualified officers the holiday allowance. From the cumulative fund allowance, insurance of credit cooperatives, the missing issue the Bank will further subsidies to pay according to standard mode for the job according to the content of the circular No. 2-NH/TT 15-8-1983 of the Central Bank.
For those new to credit cooperatives to build or consolidate income yet again, the cost of organizing the Congress first Park Township due to Bank Director review facility grants.
About rose remuneration regime for credit cooperatives do some professional credentials for the Bank and fund saving, uniform regulations are as follows:-remuneration of paying subsidies to invalids and social pension, while not changing the level of remuneration, the front charged all 0.70 e/for credit cooperatives , does not cite to back banks or savings.
-The remuneration of currency cash bank household enjoy 0.2% of the amount actually remitted into the Bank.
-Debt collection individuals are entitled to 30% of the unified interest rate calculated on the original number currency lodging.
 
IV. The DIRECTION TAKEN in 1985 and the next year require enhanced management directives and aims to develop strong credit cooperatives.
1. First of all, it should be strengthen the leadership, direction and level of Delegation of the party, the people's Committee of the present building, the consolidation movement, business operations, personnel, benefits officer, asset protection, etc.
2. State Bank of levels should promote the role of Chief of Delegation and Government for granted, and is responsible for: a) training, regular training on policy and services for credit cooperatives and agricultural credit.
b) timely resolution, full funding targets, documents, prints ... for credit cooperatives according to the prescribed regimes.
c) a number of qualified banking personnel down to help credit cooperative for a period, the major business establishments that weak accounting. Service personnel along the agricultural credit program mode research leadership decisions.
The immediate need to strengthen a force of key staff, experienced in the North to help the province South of the time is about 6 months.
3. Interest in the physical and mental benefits for credit cooperatives, timely encouragement of active networks of staff movement.
Associated closely with the Union Organization to regularly educate the masses; at the same time solve the physical benefits of appropriate staff in sending, borrow money, make them stick with credit cooperatives interested in building and monitoring activities of the officers of the credit cooperatives.
4. The need for local planning, measure continues to build, consolidate the complete credit cooperatives; that is an important part of the program of the industry, of the level to complete the task of bettering socialism.
5. Guide the credit cooperatives to build business plans, planning of incomes and expenses, your service in a practical way, serve the general policy guidelines and directions of local plans.
Noting correct accounting, finance of credit cooperative settlement, apparently the old property, full accounting new property.
6. Strengthening the inspection activities and capital management for credit cooperatives. The Bank helps people Committee and Commission-level check on the Organization of activity of credit cooperatives and directly examine the business side to help credit cooperative to promote good hand, fill in time those flaws.
This common directive to the credit cooperative.
The Chief of staff, Director of the Organization Department, Director of accounting and budget management, the Director of the central savings fund, Director of the agricultural credit and the Director of the Bank, the city and the district were centrally responsible Guide directing implementation of this directive.