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
Changes in the role of deposit insurers in resolution of failed credit institutions and resolution tools after 2008 financial crisis
Deposit insurers (DIs) have often been established following financial and banking crises and experienced big changes in recent time. Presently, there are roughly 140 DIs over the world and most of them were founded in the 1960s, while many of them...
18/10/2021
Benefits of raising deposit insurance coverage limit
Many agreed that raising the coverage limit to VND 125 million
13/10/2021
Banking industry with effective credit solutions among Covid-19 pandemic
Under the negative impacts of the COVID-19 pandemic, over the past time, following the directions of the National Assembly, the Government and the Prime Minister, the State Bank of Vietnam (SBV) and the whole system of credit institutions have...
28/09/2021
Banking digital transformation- no longer an option but a mandatory requirement
The State Bank of Vietnam (SBV)’s Deputy Governor Nguyen Kim Anh said that digital transformation is no longer an option but a mandatory requirement and a strategic direction to help the banking industry compete effectively and develop sustainably in the industry 4.0 era.
21/07/2021
Taking full advantages of communication at members’ general meetings of people’s credit funds
Dissemination of deposit insurance (DI) policy at members’ general meetings of People’s Credit Funds (PCFs) until now has become a regular activity of the Deposit Insurance of Vietnam (DIV)’s Mekong Delta Regional Branch (the Branch). Together with...
21/07/2021
Amending and supplementing Law on Deposit Insurance – Resolving inadequacies and limitations in implementation process
The Law on Deposit Insurance (DI) has formed the legal basis for implementing DI policy, thereby better protecting the interests of depositors and contributing to maintaining the stability of the system of credit institutions.
19/07/2021
Fulcrum for People's Credit Fund system
Deposit insurance (DI) is a tool for protecting depositors and the banking system. Therefore, public institutions, depositors and the entire economy equally benefit from DI policy. In the case of small sized credit institutions (CIs) such as People’s Credit Funds (PCFs), DI policy plays a role as
14/07/2021