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Deposit insurance coverage limit – protecting depositors and maintaining market discipline
Deposit insurance (DI) reimbursement is one of the core functions of all deposit warranties. This function induces the tasks of both protecting legitimate rights and interests of depositors and avoiding domino effects, ensuring the safety of the...
04/01/2018
National Assembly approved legal basis to strengthen banking system in coming period and role of DIV
On the afternoon of November 20th 2017, the National Assembly passed the law amending and supplementing a number of articles of the Law on credit institutions with a very high agreement rate of 88.80%. The law will come into effect on January 15th 2018.
02/01/2018
The deposit insurance of Vietnam continues to enhance cooperation with participants in the Government bond market
With the signing of cooperation agreements with Techcombank, VPBank and MB, the Deposit insurance of Vietnam (DIV) has increased the number of partners in the sector of government bond investment to seven. Along with Vietcombank, BIDV, Vietinbank...
01/12/2017
An interview with Mr. Ngo Quang Luong – Deputy General Director of the Deposit Insurance of Vietnam: depositors should keep calm in all situations
The banking system is considered the backbone of the national economy but it is quite vulnerable to external factors. Unfavorable rumor can trigger a panic which may lead to unexpected losses to credit institutions and the financial market.
01/12/2017
Efficient application of financial management software of DIV
Three major operations utilizing the applications of the Financial Management Software include Investment Management (General Functions, Processesof Investment Planning, Outright Purchase, Outright Sale, Non-term Deposit and Term Deposit at the SBV,...
01/12/2017
To make deposit insurance policies aligned with the development of credit institutions in the implementation of the Law on Deposit Insurance
According to Decision No.527/QDD-TTg dated April 1, 2016, the Deposit Insurance of Vietnam (DIV) is a state financial institution operating in the form of one-member limited liability company, of which whole charter capital is owned by the state. ...
01/12/2017
An interview with Mr. Truong Quoc Thu – Deputy Director of the State Bank Of Vietnam Branch in Lam Dong province: Deposit insurance contributing to sustainable development of people’s credit funds in Lam Dong
The deposit insurance policy not only helps to enhance public confidence in the banking system but also supports credit institutions to gain prestige and attract capital to develop local economies. In order to have better understanding of the role...
01/12/2017
Active implementation of communication activities under the Law on Deposit Insurance
The DI Law promulgated by the National Assembly on 18th June 2012 came into effect on 1st January 2013. The introduction of the Law and the bylaws has contributed to enhancing public awareness on the role of deposit insurer, thus promoting the...
01/12/2017
