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DIV Regional Branch in Ho Chi Minh City reviews 2016 performance and executes 2017 tasks: effectively implement deposit insurance policy in the region

On 20 February 2017, the DIV Regional Branch in Ho Chi Minh City (the branch) held a meeting to review the 2016 performance and launch the working plan for 2017.

Increasing deposit insurance coverage limit to better protect depositors

An interview with Mr. Nguyen Xuan Huy- Deputy Director of Vietnam Public Joint Stock Commercial Bank (PvCombank) - Can Tho Regional Branch

DIV, University of Economics and Business hold meeting to promote deposit insurance policy to students - potential depositors

On September 29th, 2016, the Deposit Insurance of Vietnam (DIV) and University of Economics and Business, Vietnam National University (VNU-UEB) jointly held a meeting to share knowledge on deposit insurance (DI) policy.

New regulatory amendments on insurance payment

Regulation on insurance payment, annexed with Decision No.807/QD-BHTG dated October 19th, 2016 issued by the Board of Directors, Deposit Insurance of Vietnam (DIV) is considered a basis for insured deposit payment, thus to protect better the legitimate rights and interests of depositors. The regulation establishes more explicit and concrete requirements and better facilitates depositors and insured institutions. Major contents of the regulation are demonstrated below:

Mekong River Delta regional branch promotes Deposit insurance policies at Women’s Affairs Review Meeting

On March 8th, 2017, in Can Tho, the Mekong River Delta regional branch of the Deposit Insurance of Vietnam (DIV), under the support from Can Tho Confederation of Labor, disseminated information on deposit insurance policies at the 2016 Meeting on Women’s affairs and exchanged activities with women’s affairs clubs of the Trade Union, Can Tho Confederation of Labor.

DIV attends the workshop on Deposit insurance framework in Laos

From 15-19/11/2016 in Vientiane, Laos, the delegation of the Deposit Insurance of Vietnam (DIV) led by Deputy General Director – Mr. Nguyen Dinh Luu, attended the workshop on “Deposit Insurance Framework” held by the Deposit Protection Fund of Laos (DPF).

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.
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