Deposit insurance institution set up
VGP – PM Nguyen Tan Dung has decided to establish the Deposit Insurance of Viet Nam (DIV) – an institution with the charter capital of VND5,000 billion.
The DIV is a State-run financial institution designed to protect legitimate rights and benefits of depositors, contribute to the maintenance of the stability of the credit organizations, and ensure the safe development of the banking system.
On the same day, PM Dung also approved the Statute on organization and operation of the DIV. Its chairman will be appointed by the Government chief./.
By Thuy Dung