Strengthening the role of deposit insurers in protecting financial consumers
Financial consumer protection is one of the important tools to increase people's access to finance, and at the same time to ensure the legitimate interests of financial consumers as well as...
26/11/2021
Recommendations for purchasing long-term bonds issued by assisting credit institutions – a means for DIV to participate in restructuring credit institutions under special control
Participation in the restructuring credit institutions (CIs) through purchasing long-term bonds is in one hand a new political task of the Deposit Insurance of Vietnam (DIV) that needs to be separated from its investment activities. In the other...
13/04/2022
Improving efficiency of people’s credit funds’ financial position analysis by the Deposit Insurance of Vietnam
The analysis of people’s credit funds’ (PCFs) financial position helps regulatory agencies in assessing potential risks in PCFs’ operations, making recommendations and proposals to adjust operations of PCFs to a safer manner, and safeguarding depositors’ interests.
25/01/2022
Diversifying communicationtools – The way to bring deposit insurance policy to depositors at People's Credit Funds
Communication is one of the core operations of the Deposit Insurance of Vietnam (DIV) as specified in Clause 14, Article 13 of the Law on Deposit Insurance. formation, the DIV is responsible for “disseminating deposit insurance policies and...
25/01/2022
Deposit insurance policy – An effective tool to protect depositors
The Deposit Insurance of Vietnam (DIV) is a state-owned financial institution, operating not for profit, in order to protect the legitimate rights and interests of depositors, and contribute to maintaining the stability of the credit institution...
24/01/2022
Digital transformation and changing depositors' perceptions of deposit insurance
In the context of the Covid-19 pandemic, along with the outbreak of the Fourth Industrial Revolution (4IR), digital transformation is no longer an option, but a mandatory requirement. The digitization trend has a profound impact on every industry...
19/01/2022
Why the Law on Insurance Business does not apply to deposit insurance?
The draft Law on Insurance Business is being discussed in the meeting agenda of the 2nd session, the 15th National Assembly. According to the latest draft (the 3rd draft) of the Law on Insurance Business, the scope of application of the Law states...
02/01/2022
Developing capital resources of the Deposit Insurance of Vietnam to participate in restructuring credit institutions – some issues to be addressed
After 20 years of operation, from 1,000 billion dong of capital provided from the State budget to September 30, 2021, the total capital of the Deposit Insurance of Vietnam (the DIV) achieved about 80 billion dong. With the current financial...
21/12/2021
Certificate of participation in deposit insurance – Certificate of trust
The Deposit Insurance of Vietnam (DIV) stated that after the Prime Minister promulgated the Decision No. 32/2021/QD-TTg on dated October 20, 2021 on increasing the deposit insurance coverage limit to 125 million VND, it has started to re-grant more...
15/12/2021