Deposit insurance premium system and coverage limit
Regarding deposit insurance premiums, the Article 20 of the Law on Deposit Insurance states that the Prime Minister decides the deposit insurance premium framework at the request of the State Bank of Vietnam (SBV).
01/02/2016
DIV: Depositor Protection for Sustainable Development
In 2014, The Deposit Insurance of Vietnam (DIV) marked its 15th anniversary of establishment in the situation that it has gained impressive achievements in the implementation of policies on depositor protection and ensuring the safe operations of...
01/02/2016
Improving quality of off-site supervision
The Deposit Insurance of Vietnam (DIV)’s off-site supervision presently plays an important role in the situation that banking prudence examination has been temporarily suspended as prescribed by legal regulations.
01/02/2016
Building effective risk supervision system
Risk supervision for professional institutions is one of important functions of the Deposit Insurance of Vietnam (DIV) in the course of the implementation of specific tasks under Point 10, Article 13 of the Law on Deposit Insurance and Point 10 of...
01/02/2016
Common efforts urged in effectively preventing sudden deposit withdrawal
Banking business is of major role in economic development. Banking operation has quite a few exposures to risks that may threaten the safety of the system if incidents occur, especially sudden withdrawal of deposits. Preventing it, thus, is always...
01/02/2016
Credit Institutions’ Rights to Deposit Insurance Participation
The Law on Deposit Insurance (DI) which was approved by the National Assembly on June 18, 2012, entered force on January 1, 2013 created a strong legal ground for deposit insurance operation. Depositors at credit institutions are announced when...
26/01/2016
DIV participates in APRC Annual Conference XIII in Taipei
From April 20 to April 22, 2015, Mr. Nguyen Quang Huy - The General Director of the Deposit Insurance of Vietnam (DIV) led a working group to Taipei - Taiwan for the 13rd Annual Conference of the Asia-Pacific Regional Committee, the International...
26/01/2016
The first microfinance Institution granted Certificates of DI
In early May 2015, the General Director of Deposit Insurance of Vietnam (DIV) signed Decision No. 262/QD-BHTG111 on granting new and supplementary certificates of deposit insurance to the M7 limited liability microfinance institutions (abbreviated...
26/01/2016