CROSS-BORDER COOPERATION AND INFORMATION-SHARING. The Philippine Deposit Insurance Corporation (PDIC) and the Deposit Protection Agency of Thailand (DPA) signed an agreement on cross-border cooperation and information-sharing on November 20, 2014…
The Monetary Board (MB) placed the Rural Bank of San Fernando (Cebu), Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC) by virtue of MB Resolution No. 1087…
Right after super typhoon “Yolanda” left the country greatly devastated, the Insurance Commission, together with industry stakeholders, immediately approved and implemented the program, “Agarang Proseso, Benepisyo ay Sigurado” to address…
The Philippine Deposit Insurance Corporation (PDIC) will start servicing the deposit insurance claims of depositors of the closed Cooperative Rural Bank of Bulacan (CRBB) on July 9, 2013. Servicing of…
The Philippine Deposit Insurance Corporation (PDIC) recently signed a memorandum of agreement with the Land Bank of the Philippines (LBP) introducing two new payment schemes to service the payment of…
The Philippine Deposit Insurance Corporation (PDIC) called on depositors of the closed Export and Industry Bank (EIB) who have not yet filed their deposit insurance claims to file their claims…
THE DEPARTMENT order directing insurance companies to raise their capitalization to P1 billion has been issued by the Finance department. Department Order (DO) 15-2012, signed by Finance Secretary Cesar V.…
