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
Raising awareness of deposit insurance contributes to changing people's behavior when participating in financial and banking activities
The task of communicating deposit insurance policy to raise public awareness in general and depositors in particular is clearly defined and consistent with public policy objectives and obligations of the deposit insurance, which is to protect the...
30/05/2024
Fintech and some proposals related to deposit insurance activities in Vietnam
Fintech is a combination of "financial" and "technology" - companies or services that use new technology to improve and optimize operations in the finance-banking sector. Examples of fintech include online payment applications, online lending...
24/05/2024
DIV carries out digital transformation to keep up with the development trend of the banking industry
With the motto of "taking depositors as the center", the Deposit Insurance of Vietnam (DIV) has been gradually transforming digitally in a synchronous and effective manner in all aspects of operations to keep up with the development trend in the banking industry.
23/05/2024
Role of deposit insurance in asset management, liquidation and recovery of insured institutions
While liquidation is one of the measures implemented by countries around the world to resolve failed credit institutions, deposit insurance reimbursement is determined to be the least-cost measure when there is no organization to receive the failed...
22/05/2024
Effectively deploy the goals of the Deposit insurance communication project to 2025, with orientation to 2030
The deposit insurance development strategy clearly defines the goal of having 45% and 55% of depositors who grasp the core contents of the deposit insurance policy by 2025 and 2030 respectively. To achieve that goal, the Deposit Insurance of...
20/05/2024
The 2024 Law on Credit Institutions: Maximum deposit insurance coverage limit equaling full amount of notified deposit of individuals at credit institutions
That is one of the new regulations in the Law on Credit Institutions (CIs) No.32/2024/QH15, which was approved by the National Assembly at the 5th Session of the 15th National Assembly on January 1st,2024.
17/05/2024
Strengthen the DIV's financial capacity to ensure the resources for protecting depositors at people's credit funds
Developing capital resources is an important guarantee for strengthening financial capacity. It is expected that by the end of 2024, the capital source of Deposit Insurance of Vietnam (DIV) will reach 125 trillion VND, the professional reserve fund...
30/04/2024
Restructuring weak credit institutions and the role of DIV according to the Law on Credit Institutions 2024
Restructuring credit institutions is a package of institutional, financial and legal solutions to resolve weak credit institutions and return the credit institution system to a healthy and sustainable state (Waxman et al, World Bank). In Vietnam,...
29/04/2024