The deposit insurance limit has been officially increased to 350 million VND.
According to a new circular from the State Bank of Vietnam, the maximum amount that the Vietnam Deposit Insurance Corporation will pay out to an individual at each participating deposit insurance institution has increased from VND 125 million to VND 350 million.
The State Bank of Vietnam (SBV) has just issued Circular No. 05/2026/TT-NHNN regulating the insurance payout limit of the Vietnam Deposit Insurance Corporation.
According to the circular, the maximum amount that the Vietnam Deposit Insurance Corporation will pay for all insured deposits (including principal and interest) of a single person at a participating deposit insurance institution when an insurance payment obligation arises is 350 million VND.
Circular No. 05 takes effect from July 13, 2026.
Thus, the maximum amount that Vietnam Deposit Insurance Corporation pays for all deposits of an individual at a participating deposit insurance institution has increased from 125 million VND to a maximum of 350 million VND, equivalent to an increase of 180% compared to the old regulation.
Deposit insurance is a mechanism that reimburses individual deposits within a certain limit. When a bank that accepts deposits becomes insolvent, the Deposit Insurance Corporation is obligated to pay the insured amount to the depositors.
According to current regulations, institutions that accept individual deposits must participate in deposit insurance, with the exception of the Social Policy Bank.
