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Bank supervision under the Law on Deposit Insurance
The Law on Deposit Insurance creates important the legal framework for DI scheme in the national financial system. In order for off-site supervision to be effective after the new Law enforcement, some following issues should be paid attention:
25/04/2014
Public opinions on deposit insurance policy
Over the past 14 years of operation, DI’s important role has been realized in enhancing depositors’ awareness and confidence in the credit institution system. It is the Law on DI passed by the National Assembly (NA) that creates an indispensable...
22/04/2014
Deposit insurance contributes to the prevention of black credit
Addressed at the “Reform the financial market in the strategy of restructuring the economy” Conference held on 14/10/2013 in Ha Noi, Dr. Vo Tri Thanh, Deputy Head of the Central Institute for Economic Management, said: “In Vietnam, though there are...
14/03/2014
Public policy on deposit insurance in the world and in Vietnam
Deposit insurance (DI) is a kind of public service which serves the entire society. Insured depositors are direct beneficiaries of DI policy as the deposit insurer will reimburse the insured depositors when their bank is insolvent and closed. ...
14/03/2014
The working session of the DIV in Ho Chi Minh City and Lam Dong
The Deposit Insurance of Vietnam (DIV) had, in coordination with the Vietnam Television (VTV), a working session in Ho Chi Minh City (HCMC) and the Central Highlands province of Lam Dong. The delegation also worked with leaders of the State Bank of...
14/03/2014
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
