On October 20, 2021, the Prime Minister signed for the issuance of Decision No.32/2021/QD-TTg stipulating the new deposit insurance coverage limit.
Accordingly, the maximum amount payable for all insured deposits in accordance with the Law on Deposit Insurance is VND 125 million (including both of the principal and the interest) for each depositor at one of the insured institutions.
For the deposits of which the obligation to pay insurance has arisen, but the payment has not been made in conformity with the Law on Deposit Insurance before December 12, 2021, the deposit insurance coverage limit stipulated in Decision No.21/2017/QD-TTg dated June 15, 2017 of the Prime Minister shall be applied.
Decision No.32/2021/QD-TTg takes effect on December 12, 2021, and shall replace Decision No.21/2017/QD-TTg dated June 15, 2017 on the deposit insurance coverage limit.
Le Hang