Mr. Pham Bao Lam, Chairman of the Board of Directors of the DIV, assessed the results of the implementation of activities in 2023: In the context of many domestic and international challenges, closely following the direction of the State Bank of Vietnam (SBV), DIV has well performed its mission of protecting the legitimate rights and interests of depositors, contributing to maintaining the stability of credit institutions and ensuring the safe and healthy development of banking activities.
According to information from the 2023 Annual Report, as of December 31, 2023, the DIV has protected the interests of depositors at 1,280 insured institutions, including 96 commercial banks and foreign bank branches, 1,179 people's credit funds, 01 cooperative bank, and 04 microfinance institutions.
In 2023, closely following the goals of the Deposit Insurance Development Strategy to 2025, with a vision to 2030, DIV has synchronously and effectively implemented activities, completing assigned political tasks with outstanding achievements in all aspects of activities such as:
The charter capital of DIV is adjusted and increased to over VND 5,281 billion from November 20, 2023;
Issue and deploy the Action Program to implement the Deposit Insurance Development Strategy to 2025, with a vision to 2030;
Closely coordinate and unify the orientation of key contents proposed to amend and supplement a number of articles of the Law on Deposit Insurance and provide comments on the Draft Law on Credit Institutions (amended);
Survey the level of awareness of depositors about the deposit insurance policy on a national scale, thereby building a database on the level of awareness and communication needs of depositors as a basis for planning the communication strategy of the DIV;
Successfully hosted and organized the Asia-Pacific Regional Committee (APRC) Technical Support Workshop with the theme: "Enhancing the role of the deposit insurance organization in early detection and timely intervention."
The professional activities of the DIV continue to be effectively implemented. In 2023, the DIV collected a total of 10,611 billion VND in deposit insurance premiums, exempting deposit insurance premiums for 35 insured institutions under special control. The DIV continuously supervises 100% of the insured institutions in the DIV, conducts on-site examinations periodically and according to the plan assigned by the SBV, assigns personnel to participate in the Special Control Board of weak people's credit funds, etc.
Continuing the achieved results, DIV affirms to continue to unite, overcome difficulties and challenges, complete assigned political tasks, protect the legitimate rights and interests of depositors, contribute to maintaining the stability of the credit institution system, and ensure the safe and healthy development of banking activities.
https://div.gov.vn/an-pham-cat-126
Communication Department (translation)