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Dept. International Affairs Team Date 06/10/2011
File Press Release_111006_Final.pdf
Subject KDIC Helped the DIV to Enact a Deposit Insurance Legislation
  • The Korea Deposit Insurance Corporation (KDIC) sent three delegates to attend the
    workshop hosted by the Deposit Insurance of Vietnam (DIV) on October 6 (Thur.) under the
    topic of Introduction of the Deposit Insurance System in Korea. They were also there to
    provide assistance to the DIV for the enactment of a deposit insurance law.

    The DIV is working with the Economic Committee of the National Assembly of Vietnam
    to enact a law on deposit insurance. As part of that effort, the DIV held this workshop in
    which it invited the KDIC to share its experiences and know-how in implementing the
    deposit insurance system.

    During the workshop, the KDIC delegation had meetings with members of the Economic
    Committee including Dr. Nguyen Duc Kien, the Vice Chair of the Committee, and Dr. Bui Khac
    Son, General Director of the DIV other officials and provided consultation regarding the draft
    bill.

    It is expected that the efforts to enact a law on deposit insurance in Vietnam will gain
    momentum with this workshop. The KDIC is committed to providing any policy consultation
    necessary not only for the enactment of a deposit insurance law, but for future development
    of the deposit insurance system in Vietnam.
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