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Deposit insurance coverage limit proposed to be VND 75 million

The State Bank of Vietnam is drafting the Decision of the Prime Minister on the deposit insurance coverage limit. 

Proactively develop and propose plan for DIV’s further participation in the credit restructuring process

The Deposit Insurance of Viet Nam held the New Year meeting  in Hanoi on February 2nd, 2017. The meeting was attended by Mr. Nguyen Quang Huy – Chairman of the Board of Directors and other executive members; Mr. Dao Quoc Tính – General Director; Controllers; the Party and Union representatives; directors of departments and panels. Delegates from DIV regional branches participated in the meeting via the online broadcaster system.

DIV’s reassignment on the management areas of insured institutions

After the establishment of 02 new branches (the North-West regional branch and the regional branch in Da Nang city), Mr. Nguyen Quang Huy – Chairman of the Board of Directors has signed the Decision on the reassignment of management area for DIV’s regional branches.

New regulations on the provision of information between SBV and DIV

On  December 28th, 2016, the State Bank of Vietnam (SBV) issued the Circular No. 34/2016/TT-NHNN on the provision of information between the State Bank of Vietnam (SBV) and the Deposit Insurance of Vietnam (DIV). This Circular replaced the Circular No. 03/2006 /TT-NHNN dated 25th, April 2006 by the Governor of the State Bank.

Guidelines on employee management and remunerations for the Deposit Insurance of Vietnam

The Ministry of Labor, Invalids and Social Affairs recently promulgated Circular No. 32/2016/TT-BLDTBXH which was effective since 10/12/2016, providing guidelines on employee management, salary, remuneration, incentive for employees and managers working at the Deposit Insurance of Vietnam (DIV).

DIV’s meeting to implement tasks of 2017

Deposit Insurance of Vietnam (DIV) held a meeting on the implementation of the 2017 working plan in Quang Nam Province on January 09-10, 2017. Mr. Nguyen Kim Anh – SBV’s Deputy Governor attended the meeting and gave instructions to DIV.

Laos DPF visits DIV and participates in training course on “deposit insurance system modernization” and “financial institutions analysis”

>As planned by the two agencies’ leaders, from November 21st–23rd, the The Depositor Protection Fund (PDF) of Lao PDR paid a working visit to the Deposit insurance of Vietnam (DIV) and participated in a training course on “Deposit Insurance System Modernization” and “Financial Institutions Analysis – a highlight on people’s credit funds”, which was held at the DIV’s headquarters.

Deposit Insurance of Vietnam: Rising confidence

This October, the Deposit Insurance of Vietnam (DIV) inaugurated and put into operation two new branches, one in the northwestern region and one in Da Nang city. Apart from its head office in Hanoi, DIV currently has eight regional branches based in the major economic zones throughout the country.

Deposit Insurance of Vietnam: Six-month highlights

The flexible management and initiatives of the Deposit Insurance of Vietnam (DIV) in the first half of this year has led to positive results. DIV has worked effectively to build and maintain trust of depositors, which is fundamental to financial stability, safe operations and strengthened organizational structure of banks.

DIV’s Meeting held in Vinh City to implement tasks of H2.2016

On 4th July, 2016, in Nghe An, the Deposit Insurance of Vietnam (DIV) held a meeting to launch the second half year plan for 2016.  Among participants were Mr. Nguyen Quang Huy, Chairman of the Board of Directors and its members; Mr. Dao Quoc Tinh, General Director and members of the Board of the Management; Controllers; Heads of Departments and Panels of the DIV’s Headquarters; Directors, Heads of Divisions of the DIV’s Regional Branches as well as representatives of the staff. 

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