The State Bank of Vietnam (SBV)’s Implementation of the Deposit insurance Law
On June 16, 2012, the Law on Deposit Insurance was passed by the legislature XIII, session 3 of the National Assembly, which marked an important milestone in building the legal framework for deposit insurance. The law will be valid from January 1,...
20/11/2012
Offsite supervision of insured institutions in the Law on deposit insurance
The Deposit Insurance of Vietnam (DIV) was established as a non-profit financial organization to protect the legitimate rights and interests of depositors, contribute to the stability of insured institutions as well as the safe and sound banking...
25/10/2012
Workshop on “Increasing the role of deposit insurer – International experiences and lessons for the practices of Vietnam”
In the circumstance that the global and national financial banking system is facing changes, especially post to the global crisis 2008 - 2010 and the public debt crisis of the Eurozone, it is urgent an need to consolidate the role of insurance...
25/10/2012
Ceremony to announce the Decision of the Prime Minister and SBV Governor on the appointment and reappointment of Deposit Insurance of Vietnam's leaders.
The State Bank of Vietnam held a ceremony on July 12th, 2012 to announce the Decision of the Prime Minister and SBV Governor on the appointment and reappointment of Deposit Insurance of Vietnam's leaders.
27/08/2012
Bank-runs: No concerns about the Deposit Insurance Fund’s insolvency
Concerning about the DIF’s insolvency due to bank-runs in case of the occurrence of group-4 banks, Dr. Bui Khac Son, DIV's General Director said: "Don't be worried". "The Government has had measures in response to it. Moreover, people's confidence...
02/07/2012
Will depositors lose money in weak banks?
To date, the banks classified in the group 4 – those are not allocated any credit growth – have been made public. People are feeling anxious of losing money if they deposit with the banks being tagged with “red flag”. However, banking experts...
14/06/2012
Strengthening supervision during the “black credit” crisis
In late 2011, besides the prominent issues of European sovereign debt crisis, soaring gold and oil prices, high inflation and interest rates, it was the collapse of “black credit” that also drew the concern of the public. Figures shown in cases of...
14/06/2012
Deposit Insurance of Vietnam (DIV) focuses on renovating the operational activity in 2012
“DIV is steadfast on the objectives and directions of the Party, National Assembly, Government, State Bank of Vietnam, relevant ministries and agencies. The whole system of DIV is striving to enhance the effectiveness of its operation” - affirmed...
14/06/2012