Propaganda of legal policies on deposit insurance

On November 21, in Xuan Hoa commune, Thanh Hoa province, the Deposit Insurance of Vietnam in the North Central region coordinated with the State Bank of Vietnam, Branch Region 7, and the People's Credit Fund of Xuan Hoa commune to organize a conference to disseminate policies and laws on deposit insurance.

Attending the conference were Mr. Ngo Quang Luong - Member of the Board of Directors of the Deposit Insurance of Vietnam; Mr. Doan Manh Tu - Deputy General Director of the Deposit Insurance of Vietnam; representatives of the Deposit Insurance of Vietnam Branch in the North Central region, the State Bank of Vietnam Branch in Region 7, the People's Credit Fund of Xuan Hoa commune, along with local authorities and people.

Overview of the conference. Photo: PV

Vietnam Deposit Insurance is a state-owned, non-profit enterprise whose function is to protect depositors' rights and contribute to the stability of the financial and banking system.

After 26 years of operation, the unit has achieved many positive results. As of September 30, 2025, the total assets of the Deposit Insurance of Vietnam reached over 139 trillion VND, of which the Operational Reserve Fund accounted for 132.8 trillion VND; 139 times higher than the initial charter capital provided by the State.

Deposit Insurance officers disseminate policies and laws on deposit insurance. Photo: PV

The North Central Branch of the Deposit Insurance of Vietnam was established under Decision No. 105/2002/QD-HDQT dated June 25, 2002, responsible for managing organizations participating in deposit insurance in 4 provinces: Ninh Binh, Thanh Hoa, Nghe An and Ha Tinh .

Mr. Ngo Quang Luong - Full-time member of the Board of Directors of the Deposit Insurance of Vietnam spoke at the conference. Photo: PV

As of September 30, 2025, the branch is directly managing 253 participating organizations, including Bac A Commercial Joint Stock Bank, 1 microfinance institution and 251 people's credit funds; of which Ninh Binh has 93 funds, Thanh Hoa has 67 funds and 1 microfinance institution, Nghe An has Bac A Commercial Joint Stock Bank and 59 funds, Ha Tinh has 32 people's credit funds.

At the conference, people of Xuan Hoa commune watched videos and sketches illustrating the benefits of deposit insurance; and were informed by professional staff about legal policies and the operation of the Deposit Insurance of Vietnam and the North Central Branch. The unit also introduced important contents in the Deposit Insurance Development Strategy to 2025, with a vision to 2030, and the contents of the amended Law on Deposit Insurance.

People ask questions about the deposit insurance sector. Photo: PV

During the Q&A session, people asked many questions related to identifying insured deposits, payment methods when a credit fund ceases operations, payment levels and procedures for receiving insurance money.

Delegates answer people's questions. Photo: PV

All of these contents have been specifically answered by the leaders of the Deposit Insurance of Vietnam and the North Central Branch, contributing to helping people better understand the deposit insurance policy and the legal rights of depositors.

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Source: https://baonghean.vn/tuyen-truyen-chinh-sach-phap-luat-ve-bao-hiem-tien-gui-10312131.html