(READ: PDIC raises maximum deposit insurance to P1 million) However, at a press conference on Friday, March 14, the state deposit insurer clarified that the MDIC does not cover funds lost due to s ...

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 ...

MANILA, Philippines – The Philippine Deposit Insurance Corporation (PDIC) is doubling the maximum deposit insurance coverage (MDIC) to P1 million from the current P500,000. The PDIC said in a ...

MANILA, Philippines – The Philippine Deposit Insurance Corp. (PDIC) will double the maximum deposit insurance coverage (MDIC) for bank deposits. In its Memorandum 2025-01 released on Friday ...

The Philippine Deposit Insurance Corporation (PDIC) generated ₱411.4 million from 281 asset sales in 2024, a 24.7% increase ...

MANILA, Philippines — The Philippine Deposit Insurance Corp. (PDIC) will double the protection for bank deposits, marking the first adjustment in 16 years to account for inflation and attract ...

THE Philippine Deposit Insurance Corp. (PDIC) on Friday said that the maximum deposit insurance coverage (MDIC) would be doubled to P1 million from P500,000 beginning March 15. The adjustment, which ...

THE Philippine Deposit Insurance Corp. (PDIC) has officially extended deposit insurance coverage to Islamic banks (IBs) and Islamic banking units (IBUs) operati ...

MANILA, Philippines — The Philippine Deposit Insurance Corporation (PDIC) said it “promptly” disbursed P281.5 million in deposit insurance claims in 2024, which benefited the depositors of ...

the value of the deposit insurance of P500,000 has been eroded due to inflation,” PDIC President Roberto B. Tan told BusinessMirror. On Friday, the PDIC announced the maximum deposit insurance ...

READ: PDIC doubles deposit insurance to P1M The bigger MDIC will take effect on March 15, marking another adjustment after the last one in 2009, when the insurance coverage was also doubled from ...