DIV‘s participation in management and liquidation of assets of failed insured institutions
In a market economy, when the economy faces difficulties, enterprises will be exposed to the danger of ceasing operations and going bankrupt. It is difficult for credit institutions, which are enterprises specializing in the field of banking and...
31/10/2013
Low coverage limit restricts DIV's role
According to experts and depositors, raising deposit insurance coverage limit will be suitable for the current situation and help attract more idle capital to banks, thereby increasing supply of credits to the economy.
31/10/2013
Be active in studying and making recommendations on deposit insurance policy
On August 7, 2013, in Hanoi, Dr. Bui Khac Son – General Director of Deposit Insurance of Vietnam (DIV) presided at the monthly progress meeting. The Chairman of Board of Directors (BOD), Head of Supervisory Board, Management Board, Department Directors at the head-quarter took part in the meeting.
30/10/2013
The need to adjust the insurance coverage limit of 50 millions VND
To implement the Law on Deposit insurance, on June 28, 2013, the Government issued Decree No.68/2013/ND-CP detailing and guiding the implementation of the Law on Deposit insurance which is effective from August 19, 2013. This paper will focus on...
02/10/2013
Law on Deposit Insurance urges to be uniformly implemented
The Law on Deposit Insurance (DI) was passed at the National Assembly XIII's 3rd session in June, 2012 and came into effect from January 1, 2013. This is an important policy with the aim at promoting the effective and efficient protection of the...
02/10/2013
Granting and revoking the certificate of Deposit insurance participation under the Law on Deposit Insurance– the need of detailed guidance and regulations.
Certificate of deposit insurance participation is Deposit insurance of Vietnam (DIV)’s document to certify that a deposit taking institution has the application dossier verified and is eligible to have deposits in Vietnamese dong of deposited...
02/10/2013
Public opinions on the deposit insurance coverage limit and premium
Once the Law on Deposit Insurance is implemented, among top issues which withdraw great attention from the public are the deposit insurance coverage limit and premium. Most opinions have recommended the government to promptly raise the coverage...
02/10/2013
SBV adjusts deposit insurance policy
State Bank of Viet Nam Deputy Governor Dang Thanh Binh spoke with Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times) about upcoming adjustments of deposit insurance policy.
09/09/2013