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
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
Coordinate with credit institutions to raise public awareness of deposit insurance
Establishing a legal framework for credit institutions to closely coordinate with deposit guarantees in a unified and synchronous manner in both content and forms of raising public awareness will not only have direct impacts at the transaction points of the credit institutions but also ensure
18/06/2021
Solutions to enhance operations of DIV, contribute to deeper participation in restructuring system of PCFs
The financial-banking system is the lifeblood of Vietnam's economy. Even small instability can negatively affect the entire economic system.
19/05/2021
Debt collection during asset resolution of People's Credit Funds as public institutions
Debt collection or asset recovery is the last stage of resolution in the forms of bankruptcy or dissolution of public institutions which have been placed under special control.
19/05/2021
Implement the examination of People's credit funds under the direction of the SBV Governor in 2021
On April 19, 2021, the Deposit Insurance of Vietnam (DIV) held an online conference to deploy the examination of People's credit funds (PCFs) under the direction of the State Bank of Vietnam (SBV) Governor in 2021. The aim of the conference is to...
29/04/2021