Tổ chức bảo hiểm tiền gửi được vay đặc biệt lãi suất 0%

Deposit insurance organizations are allowed to diversify their investment forms and portfolios to enhance their financial capacity.

The State Bank of Vietnam has just sent the draft Law on Deposit Insurance (amended) to the Ministry of Justice for appraisal. After more than a decade of implementation, the current Law on Deposit Insurance is considered to have many shortcomings and limitations that need to be overcome, especially in improving the financial capacity and role of the deposit insurance organization in the restructuring process of weak credit institutions.

A notable new point of the draft compared to the current law is the addition of a provision allowing the deposit insurance organization to diversify its investment forms and portfolios to enhance its financial capacity.

Specifically, the deposit insurance organization is allowed to use its operating capital to buy and sell government bonds, SBV bills; buy and sell bonds and deposit certificates issued by state-owned commercial banks or joint-stock commercial banks with over 50% of their charter capital coming from state-owned enterprises. The deposit insurance organization is also allowed to deposit money at the State Bank of Vietnam, state-owned commercial banks or joint-stock commercial banks with over 50% of their charter capital coming from state-owned enterprises and carry out other investment activities according to the Government's regulations.

Notably, the draft allows the deposit insurance organization to borrow specially from the State Bank with 0% interest rate and no collateral in case the operational reserve fund is not enough to pay the insurance money. The Vietnam Deposit Insurance is responsible for developing a plan to increase the deposit insurance premium to compensate for this loan.

The role of the deposit insurance organization in restructuring weak credit institutions is also enhanced through the authorization to conduct inspections of credit institutions participating in the deposit insurance according to the plan and content assigned by the State Bank; the right to appoint qualified people to participate in management, operation, or to be members of the control board at specially controlled people's credit funds...

MR. PHUONG

Source: https://www.sggp.org.vn/to-chuc-bao-hiem-tien-gui-duoc-vay-dac-biet-lai-suat-0-post808214.html