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The course trainers were experts from the Banking Supervision Agency, the State Bank of Vietnam (SBV), the SBV’s Branch in Hanoi; representatives of the DIV's management board; heads of departments and regional branches who have many years of experience working at the DIV.
Mr Dao Quoc Tinh- DIV's General Director delivers an opening speech at the training course.
Speaking at the opening of the training course, Mr. Dao Quoc Tinh – DIV’s General Director emphasized that, according to the 2017 Law on Credit Institutions and the Decision No. 1058/QD-TTG dated July 19, 2017 of the Prime Minister on the Scheme “Restructuring credit institutions together with dealing with bad debts in the 2016-2020 period”, the DIV has been assigned with new tasks such as: granting special loans to CIs under special control; buying long-term bonds of assisting CIs; taking part in assessing the considerations of recovery plans of People's Credit Funds (PCFs), microfinance institutions, finance companies; taking part in developing bankruptcy plans of CIs under special control. To implement these tasks, the DIV’s staff, especially those who take part in special control process are required to have specific qualifications and specialized knowledge.
The training course covered 09 topics with 31 specified contents. specific, participants were fully provided with the knowledge of special control and learned about practices and international experience from experts in dealing with weak CIs. At the same time, they discussed problems and challenges they faced to propose solutions, thereby enhancing skills and knowledge of special control. Within the course program, the DIV cooperated with IDIC to organize a seminar on "Bank Resolution - Indonesian Deposit Insurance Cooperation (IDIC)’s Experience and Lessons learned" to exchange knowledge of bank resolution and deposit reimbursement reconciliation and verification. IDIC is an advanced and modern deposit insurance in the Asia-Pacific region and has implemented effective measures to handle CIs such as Early Access; Bank Restructuring Program (BRP); Purchase and Assumption (P
