Policies on deposit insurance and expectations of people
The Decree No. 68/2013/ND-CP detailing and guiding the implementation of the Law on Deposit Insurance (DI), which has been issued and effective since August 19, 2013, is an important step in the course of implementing the Law on DI. Even though,...
07/03/2014
An overview on the Vietnam banking M&A in 2013 and its trends in 2014
In 2013, the number of M&A deals has increased compared to several previous years. Some typical examples were: i) Petro Vietnam Finance Corporation (PVFC) took over Western Bank; ii) Thien Thanh Corporation acquired Dai Tin Bank. Among 5 M&A deals,...
07/03/2014
To ensure timely deposit insurance payout
Almost 2 years after the dissolution of Tru Huu People’s Credit Fund (PCF) in Tru Huu Commune, Luc Ngan District, Bac Giang Province, Mr. Dang Van Hop whose house was next to the Fund's office still vividly remembers the scene of people massing...
14/01/2014
The impact of Deposit Insurance policy on mountainous people
Currently, in Ha Giang there are eight people credit funds (PCFs) besides commercial banks. Mobilized capital reaches 4,500 billion Vietnamese dongs, credit outstanding balance amounts to nearly 9,000 billion dongs and non-performing loans account...
14/01/2014
Some concerned issues regarding Deposit Insurance law implementation
In order to strengthen the legal framework for deposit insurance in Vietnam, the Law on Deposit Insurance (DI) was ratified by the National Assembly in June 2012 and took effect from 1st January 2013 with many changes as compared to the previous...
06/01/2014
Several contents of deposit insurance policy amended in the upcoming time.
Deposit insurance is the financial institution aimed at protecting depositors and contributing to the guarantee of safe and sound banking operation. In Vietnam, the Law on Deposit insurance (DI) adopted by the National Assembly in June, 2012...
06/01/2014
DIV’s working visit to Ha Giang Province
A joint team of the DIV and Department of Education and Science – VTV paid a working visit to Ha Giang Province from October 22-24, 2013.
24/12/2013
To effectively implement the Law on Deposit Insurance in the current situation
Currently, the restructuring of credit institutions is being accelerated. Against this background, protecting depositors' legal interests is of vital importance. The Law on Deposit Insurance (DI) passed at the National Assembly XIII's 3rd session...
24/12/2013