“Executing monetary policy firmly, proactively, flexibly and effectively; closely and synchronously coordinate with fiscal policy and other macro-economic policies to control the average inflation target of about 4.5 per cent in 2023, contributing to stabilizing the macro-economy, supporting economic growth. Credit orientation increased by about 14-15 per cent, with adjustments in line with developments and actual situations; creating favorable conditions for businesses and people to access banking credit” - Those are some important tasks and goals stated in Directive No.01/CT-NHNN dated January 17, 2023 on implementing key tasks of the banking industry in 2023.
Deposit insurance is not only a common economic measure but also has a profound social security effect because people's deposits are not only savings but sometimes also their lifetime accumulation. Therefore, the Government and the State Bank of Vietnam (SBV) always commit, in all cases, that people's deposits are prioritized and secured.
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