Trang Chủ
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
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
22 continuous years of keeping “fire of trust”
22 years ago (November 9, 1999-November 9, 2021), Prime Minister Phan Van Khai signed Decision No 218/1999/QD-TTG on the establishment of the Deposit Insurance of Vietnam. This is a milestone which has marked a significant step for the Government...
02/12/2021
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 ensure fair transactions and competition, transparent...
26/11/2021
Increasing the coverage limit: the impetus for the development of the banking system and depositor protection
On October 20, 2021, the Prime Minister promulgated Decision No.32/QD-TTg on deposit insurance coverage limit, adjusting it from VND 75 million to VND 125 million for each individual’s deposit at a credit institution embedded in deposit insurance...
25/11/2021
Raising deposit insurance coverage limit – enhancing depositor protection
The current deposit insurance (DI) policy enforcement agency in Vietnam is the Deposit Insurance of Vietnam (DIV) – established in 1999, with the Decree was the highest legal document regulating DI activities. In 2012, the issuance of the Law on DI...
22/10/2021
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
