Sacombank has the highest deposit insurance premium in the private banking sector with VND551 billion, up 1.8% over the previous year


Deposit insurance is an effective tool to prevent risks, crises and protect depositors. In Vietnam, the deposit insurance system was established in 1999 and has been in operation since 2000. Deposit insurance applies to all insured deposits (both principal and interest) of a person at a bank when the obligation to pay for insurance arises. Deposit insurance premium is also one of the announcements to the market about the operation status of deposit insurance participating organizations, especially the level of risk in business.


According to the State Bank of Vietnam (SBV), as of 31/12/2022, there were 1,283 organizations participating in deposit insurance, including 97 banks and foreign bank branches, 1,181 people credit funds, a cooperative bank and four microfinance institutions. In 2021, the total amount of deposit insurance premiums collected reached VND 9,201billion, an increase of 10.5% compared to 2020. As of 30/9/2022, the total capital of Vietnam Deposit Insurance will reach nearly VND93,000 billion.

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