The Federal Deposit Insurance Corp. approved the withdrawal of two more Biden-era proposed rules on Monday, soon after its announcement that it would rescind a policy that required US bank mergers ...

Considering its financial position and the interest of the country’s banking system as a whole, the Deposit Insurance and Credit Guarantee Corporation (DICGC) may raise the insurance limit from ...

The maximum deposit insurance coverage (MDIC) for depositors may further increase in the coming years if warranted by economic conditions, according to the Philippine Deposit Insurance Corporation ...

MANILA, Philippines — Two lawmakers at the House of Representatives on Sunday lauded the “long overdue” increase to P1 million of the bank deposit insurance, a move seen to further boost ...

MANILA, Philippines — Starting tomorrow, March 15, the new maximum deposit insurance coverage (MDIC) of P1 million per depositor per bank will take effect. The new MDIC — which was doubled ...

MANILA, Philippines — The Philippine Deposit Insurance Corp. (PDIC) will review the maximum deposit insurance coverage (MDIC) every three years, with the next evaluation set for 2028, making ...

The liability of t County Public Schools retiree insurance fund could dramatically increase without a deposit from the school board for next fiscal year. The Other Post Employment Benefits (OPEB) ...

LAWMAKERS believe public confidence in the country’s banking system would be strengthened after state-run Philippine Deposit Insurance Corp. (PDIC) decided to double the maximum deposit insurance ...