The SBV expects the changes will contribute to maintaining the stability and sustainable development of the credit institution system. — Vietnam News
HANOI: The State Bank of Vietnam (SBV) has recently submitted to the government a proposal to amend the Law on Deposit Insurance.
According to the SBV, after 12 years of implementing the Law on Deposit Insurance, there have been a number of difficulties and problems that need to be resolved to further enhance the role of the Deposit Insurance of Vietnam (DIV), ensure the deposit insurance policy to be implemented effectively, and better protect the legitimate rights and interests of depositors.
