Coordinate the implementation of social insurance policies in the North Central region

(Baonghean.vn) - On September 16 in Vinh City, the North Central Region Deposit Insurance Branch held a seminar to coordinate the implementation of deposit insurance policies in the area.

Attending the discussion were leaders of the Vietnam Deposit Insurance Corporation, along with representatives of the State Bank of 7 provinces from Ninh Binh to Thua Thien Hue.

Delegates exchanged opinions at the seminar.

The North Central Region BHTG Branch is assigned to manage customers, from Ninh Binh province to Thua Thien Hue, including: 227 organizations participating in BHTG (1 Joint Stock Commercial Bank and 226 People's Credit Funds); 118 branches of level I commercial banks and 4 branches of Cooperative Banks. In recent years, the Branch has coordinated to exchange information on inspection and supervision between BHTG Vietnam and the State Bank branches in the provinces in the area in accordance with regulations.

At the seminar, delegates focused on discussing difficulties in coordinating the implementation of deposit insurance policies in the area, especially since the Law on Deposit Insurance officially took effect from January 1, 2013; Sanctions for compliance with the provisions of the law on deposit insurance for organizations participating in deposit insurance (especially People's Credit Funds) are only reminders, so some People's Credit Funds have limited awareness of compliance, such as not completing the application for a Deposit Insurance Certificate, opening operations, mobilizing savings deposits, not submitting full reports, etc.

News, photos:Quynh Lan