Trang Chủ
According to Chairman Pham Bao Lam, DIV was established on November 9, 1999, under Decision No. 218/1999/QD-TTg by the Prime Minister. Over the past 25 years of development, under the close guidance of the State Bank of Vietnam (SBV) and with a spirit of solidarity, determination, proactivity, and creativity, DIV has consistently fulfilled its assigned tasks, implementing deposit insurance policy to protect the legitimate rights and interests of depositors, contributing to the stability of the credit institution system, and ensuring the safe and healthy development of banking activities.
Looking back at history, from the early days of its establishment, DIV has worked hard not only to build policy, organizational structures, and initial facilities but also to begin compensating depositors for failed people's credit funds immediately. This shows the role of the deposit insurance organization and strengthens depositors' trust, which contributes to maintaining social order and safety at the local level.
Recognizing the importance of a legal framework for implementing deposit insurance policies, the DIV has always actively advised the SBV on completing legal documents related to deposit insurance operations. Since Decree No.89/1999/ND-CP, which laid the first legal foundation for deposit insurance policy in Vietnam, the Law on Deposit Insurance 2012 has been enacted, providing the highest legal basis for deposit insurance operations in Vietnam.
Through activities related to the life cycle of a credit institution, such as offsite supervision, examination on the compliance with deposit insurance regulations, and in-depth examination as directed by the State Bank of Vietnam (SBV), sending staff to participate in special control boards and management at weak people's credit funds; reimbursement to depositors, and enhancing public awareness of deposit insurance policy, the DIV has made certain contributions to ensure the safety of the credit institution system and strengthening depositors' trust in the banking system.
After 25 years of operation, the DIV has established an operational network with its headquarters in Hanoi and eight branches located in key economic regions across the country with capable personnel who are deeply committed to the organization. organization. organization. organization. From an initial capital of 1 trillion VND, as of now, the accumulated capital of DIV has exceeded 120 trillion VND, including over 115 trillion VND in reserve funds, with the remainder as charter capital.
In addition, the DIV places great emphasis on training and developing high-quality human resources, enhancing international cooperation, keeping up with trends, implementing modern scientific and technological applications, and fostering innovation in operations. operations. operations. operations. It is speeding up the digital transformation process with the goal of developing a modern deposit insurance organization that operates effectively and aligns with international practices.
"The achievements that the DIV has attained in recent times are thanks to the close direction and timely support from the Government, the SBV, and various central and local ministries, departments, and agencies , along with the unceasing efforts of generations of leaders, officials, and employees throughout the DIV system," emphasizing Chairman Pham Bao Lam.
Stepping into a new phase of development under the leadership of the Government, the SBV leverages the results achieved over the past 25 years, frankly enhancing the limitations. The collective leadership, officers, and employees of the DIV are determined to perform the assigned tasks well to protect the legitimate rights and interests of depositors, actively contributing to ensuring the safety of the credit institution system.
To achieve this goal, DIV Chairman Pham Bao Lam stated that the organization will proactively research and advise the SBV to present to the competent authorities the amendments to the Law on Deposit Insurance that align with the Law on Credit Institution 2024. This will create a solid legal foundation for the DIV to implement its operations and participate more effectively in the restructuring of credit institutions.
Looking towards the future, the DIV is committed to utilizing resources and proactively organizing the systematic implementation of tasks and solutions. The goal is to strive to complete the goals and plans according to the Deposit Insurance Development Strategy up to 2025, with the orientations to 2030 approved by the Prime Minister. This will enhance DIV's financial capacity and operational capability. At the same time, there will be a strong emphasis on training, developing human resources, increasing information technology applications, digital transformation, and innovation to meet new requirements and tasks in the future.
Chairman Pham Bao Lam concluded his speech with a powerful call to action. He proposed that the collective leadership, staff, and employees of DIV be determined to unite and join forces to develop DIV into a modern deposit insurance organization in line with international practices under the direction of the SBV and the roadmap in the Deposit Insurance Development Strategy up to 2025, with the orientations to 2030 approved by the Prime Minister. He urged everyone to strive to complete the assigned political tasks excellently, inspiring a sense of unity and determination in the audience.
Communication Department
