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 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 ...

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

“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 ...

State deposit insurer Philippine Deposit Insurance Corporation (PDIC) announced on Friday, Feb. 28, that it will raise its insurance coverage for bank deposits, increasing the protection for ...

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 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 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 ...

The Philippine Deposit Insurance Corporation (PDIC) will sell 61 residential, agricultural, and mixed-use lots through electronic public bidding (e-bidding) in the first week of April 2025. Electronic ...

The Philippine Deposit Insurance Corp. (PDIC) said it paid P281.5 million in deposit insurance to depositors of three banks ordered closed in 2024 by the Monetary Board of the Bangko Sentral ng ...

Eighty-one percent of the insured depositors of three recently closed banks have already been reimbursed with ₱281.2 million in 2024, the Philippine Deposit Insurance Corporation (PDIC) reported.

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 ...