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.
On behalf of the DIV’s Management Board, Mr. Nguyen Quang Huy sent New Year’s greetings to all staff members of DIV. He emphasized that the solidarity and concerted efforts of managers and staff resulted in great achievements in 2016. To be specific, DIV carried out regular off-site supervision of 100% of insured institutions; completed on-site examination at 463 insured institutions; collected the premium assessment of credit institutions accurately and sufficiently, and conducted safely and effectively the fund investment. Last year, the government authorities promulgated a series of legislative documents to regulate DIV’s operation, in response DIV issued governance and administration documents accordingly.
In 2017, DIV needs to closely and actively focus on, engage in and cooperate with SBV’s related departments; study and make recommendations on drafting, amending, supplementing the Law on Deposit Insurance and other related legal documents to enhance the role of DIV in restructuring credit institutions together with resolving non-performing loans. DIV continues to issue and implement internal governance and administration documents in accordance with the authorities’ legislative framework,  follow the political mission of effectively protecting legitimate rights and interests of depositor. The effective operation of the new information technology system will facilitate operational activities. Furthermore, human resources development will be given critical attention to improve the quality of staff so as to meet professional demands of newly assigned tasks by the Government and the SVB.
As Year of the Rooster 2017 comes, DIV Chairman Nguyen Quang Huy wishes all staff and their families peace, good health, prosperity, happiness and joint efforts to strive for DIV’s sustainable development.