At the conference (Source: VNA) Hanoi (VNA) – TheState Bank of Vietnam (SBV) held a conference in Hanoi on October 25 to reviewthe financial sector modernisation and information management systemproject.
Conducted in the SBV, the Credit InformationCentre (CIC) and the Deposit Insurance of Vietnam (DIV), the project had atotal investment of 71.83 million USD, of which 60 million USD was from theInternational Development Association (IDA), 0.83 million USD in non-refundableaid from the Japanese government and the remaining from Vietnam’s Statebudget.
SVB Vice Governor Nguyen Kim Anh said it is thefirst project covering key areas of the banking sector, including monetarypolicy, foreign exchange management, forecast-statistics, banking inspectionand supervision, human resources management, accounting-finance, documentmanagement, CIV and DIV capacity improvement.
The first stage from January 2011 – August 2013focused on capacity improvement while the second stage from August 2013 toDecember 2017 centred on information technology infrastructure upgrade.
They issued nearly 80 circulars, decisions andhundreds of documents guiding the operation and management of IT systems, andlaunched seven key IT systems in line with the Decision No.2049/QD-NHNN datedOctober 9, 2012 of the SBV Governor.
DIV General Director Dao Quoc Tinh said via theproject, a system of standard hardware and software was installed at theheadquarters and eight regional branches. A data centre was based in Hanoiwhile a back-up centre was launched in the central city of Da Nang.
The DIV standardised 87 banking processes up tointernational practices.
As of December 31, 2017, the project wascompleted and achieved targets set in the agreement signed between Vietnam andthe IDA.-VNA
Conducted in the SBV, the Credit InformationCentre (CIC) and the Deposit Insurance of Vietnam (DIV), the project had atotal investment of 71.83 million USD, of which 60 million USD was from theInternational Development Association (IDA), 0.83 million USD in non-refundableaid from the Japanese government and the remaining from Vietnam’s Statebudget.
SVB Vice Governor Nguyen Kim Anh said it is thefirst project covering key areas of the banking sector, including monetarypolicy, foreign exchange management, forecast-statistics, banking inspectionand supervision, human resources management, accounting-finance, documentmanagement, CIV and DIV capacity improvement.
The first stage from January 2011 – August 2013focused on capacity improvement while the second stage from August 2013 toDecember 2017 centred on information technology infrastructure upgrade.
They issued nearly 80 circulars, decisions andhundreds of documents guiding the operation and management of IT systems, andlaunched seven key IT systems in line with the Decision No.2049/QD-NHNN datedOctober 9, 2012 of the SBV Governor.
DIV General Director Dao Quoc Tinh said via theproject, a system of standard hardware and software was installed at theheadquarters and eight regional branches. A data centre was based in Hanoiwhile a back-up centre was launched in the central city of Da Nang.
The DIV standardised 87 banking processes up tointernational practices.
As of December 31, 2017, the project wascompleted and achieved targets set in the agreement signed between Vietnam andthe IDA.-VNA
VNA
