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 ...

MANILA, Philippines — The Philippine Deposit Insurance Corporation (PDIC) announced an expanded insurance coverage for bank deposits, doubling again the protection for depositors’ funds.

Payments to eligible depositors are charged against the Deposit Insurance Fund (DIF), the PDIC’s primary fund source for deposit insurance payouts which stood at P236.95 billion at year-end 2024 ...

THE PHILIPPINE Deposit Insurance Corp. (PDIC) should strengthen its receivership operations to ensure measures are in place for depositors in small and medium-sized banks. “Although some banks are ...

The Philippine Deposit Insurance Corporation (PDIC) on Tuesday paid a total of P281.5 million in deposit insurance to depositors of banks ordered closed by the Monetary Board of the Bangko Sentral ng ...

“Through the years since the last increase in deposit insurance, the value of the deposit insurance of P500,000 has been eroded due to inflation,” PDIC President Roberto B. Tan told BusinessMirro ...

THE PHILIPPINE Deposit Insurance Corp. (PDIC) last year paid depositors P281.5 million in insurance after the central bank closed three banks. These were for Rural Bank of Cuyo (Palawan), Inc., ...

The maximum deposit insurance coverage provided by the Philippine Deposit Insurance Corporation (PDIC) has been increased to P1 million per depositor, per bank. In an advisory issued Friday, the PDIC ...

Hit the road in L.A., and you’re likely to spot a cheeky bumper sticker … or 17. As Times contributor Renée Reizman reports, the medium that was once popularized by Dwight D. Eisenhower’s ...

In a statement, the PDIC –– which is mandated to protect depositors and their funds –– said the deposit insurance claims were paid to 7,482 accounts held by Rural Bank of Cuyo (Palawan ...

MANILA, Philippines — The Philippine Deposit Insurance Corp. (PDIC) has doubled the maximum deposit insurance coverage (MDIC) to P1 million from P500,000 per depositor, effective March 15.

THE Philippine Deposit Insurance Corp. (PDIC) has swiftly disbursed P281.5 million in deposit insurance to depositors of three banks ordered closed by the Monetary Board of the Bangko Sentral ng ...