On November 20, 2023, Deputy Prime Minister Le Minh Khai signed Decision No. 1434/QD-TTg revising Decision No. 1394/QD-TTg dated August 13, 2013 issued by the Prime Minister on the establishment of Deposit Insurance of Vietnam (DIV), the functions and tasks of DIV; revising Decision No. 1395/QD-TTg dated August 13, 2013 issued by the Prime Minister approving the Regulations on the organization and operations of DIV.
Accordingly, a revision to Article 1 of Decision No. 1394/QD-TTg dated August 13, 2013 has been approved, to read as follows: Establishing Deposit Insurance of Vietnam in accordance with the Law on Deposit Insurance dated June 18, 2012. The charter capital of Deposit Insurance of Vietnam is: VND 5,281,018,572,109. The head office of Deposit Insurance of Vietnam is in Hanoi, with its representative offices and branches located in several regions. The full name in English is: Deposit Insurance of Vietnam, and the abbreviated name is: DIV.
In addition, a revision for Paragraph 1 of Article 5 of the Regulations on the organization and operations of DIV has been approved, to read as follows: The charter capital of DIV is: VND 5,281,018,572,109.
This Decision took effect from November 20, 2023.
Le Hang