Press release: The memorandum of understanding renewed to expand CDIC and DIV cooperation
In view of the lessons learnt from the 2008 global financial crisis, the fast development of financial technology as well as the recent 2023 banking sector turmoil, continuously strengthening cross-border cooperation has demonstrated its importance...
12/12/2024
With strong liquidity and ample room for credit growth, credit institutions are well-positioned to provide capital to the economy
On October 17, Standing Deputy Governor Dao Minh Tu chaired the third-quarter press conference of the State Bank of Vietnam (SBV). At the conference, he provided information and answered reporters' questions regarding the outcomes of monetary...
11/12/2024
Public awareness event at University of Finance and Business Administration
On October 9, 2024, in Hung Yen, the Deposit Insurance of Vietnam (DIV) Regional Branch in Hanoi, in collaboration with the University of Finance and Business Administration, organized a public awareness event titled "Deposit Insurance Policy for...
10/12/2024
People will have confidence when depositing money in the banking system if they know and understand deposit insurance
That is the affirmation of Mr. Vo Van Thanh - Director of the Lam Dong provincial branch of the State Bank of Vietnam (SBV) during an interview on the role of the deposit insurance policy in protecting legitimate rights of depositors, contributing...
10/12/2024
Credit institutions with deposit insurance policy communication
Practice shows that when people do not trust the financial banking system, it impacts the financial system as well as the entire economy. Banking activities revolve around currency, a commodity that is particularly sensitive to risk. At the same...
09/12/2024
Resident deposits increase to record levels, and depositors' rights are always guaranteed as a priority
Recent statistics from the State Bank of Vietnam (SBV) reveal a robust growth in the total assets of the entire credit institution system, reaching over 21 million billion VND. Residents' total deposits have also seen a significant increase,...
05/12/2024
Addressing false rumors at Ward II People's Credit Fund, Bao Loc City, Lam Dong Province: Practical experience of Deposit Insurance of Vietnam's Regional Branch in South Central and Central Highlands
Although the incident related to the Ward II People's Credit Fund (PCF) in Bao Loc City, Lam Dong Province, occurred over a year ago, the experience of the Deposit Insurance of Vietnam (DIV) 's Regional Branch in South Central and Central Highlands ...
05/12/2024
The banking industry quickly and promptly shares difficulties with people and businesses after storm No. 3
On September 11, in Quang Ninh, the Standing Deputy Governor of the State Bank of Vietnam (SBV)- Mr. Dao Minh Tu, chaired a meeting on the damage to banks and customers caused by storm No. 3 in Quang Ninh Province and Hai Phong City.
03/12/2024