Establishments For Determination Of Deposit Insurance Limits In Vietnam
The construction of a basis for determining deposit insurance limits (HTG) is essential to express the transparency and stability of the policy; At the same time, contribute to strengthening the trust of depositors in currency activities - banking in the normal context, as well as when incidents occur. BOI Vietnam would like to share information about the BOI limit in Vietnam. Ask: Ask if the insurance payment limit in Vietnam is determined based on any factors? Answer: According to the instructions of the Hiep International BOI Festival (IADI), the insurance limit of insurance should be limited, reliable and covered for the majority of depositors but must ensure a significant proportion of uninsured deposits Contributing to maintenance of market discipline and limiting moral risks. Compensation and insurance limits in Vietnam are determined based on the following factors: a. The insurance payment limit is limited and covered for the large number of depositors, especially small depositors, but must ensure a significant proportion of deposit value in the market discipline
