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The 2025 Deposit Insurance Law shortens payout times and adds mechanisms to better protect depositors’ rights.
Under Law No. 111/2025/QH15, which officially takes effect from 1 May 2026, the maximum time for deposit insurance payouts has been reduced from 60 days to 45 days from the moment the insurer’s payment obligation arises.
This change is seen as a key measure to help depositors access funds sooner when a credit institution faces difficulties, reducing panic and the risk of mass withdrawals.
The State Bank of Vietnam is drafting a circular that would set the deposit insurance payout limit at VND 350 million per person at a deposit insurance institution, increase 2.8 times compared with the current limit of VND 125 million. Estimates show that applying this limit would fully insure about 93.68% of depositors across the system.
The 2025 law also expands DIV’s role in supervising, inspecting and participating in resolution of weak credit institutions. The deposit insurer is granted additional powers such as special lending, involvement in assessing restructuring plans for credit institutions, and participation in handling people’s credit funds under special supervision.
Hai Phong News
