PDIC to bid out P51.6-M in closed banks’ assets on October 9

The Philippine Deposit Insurance Corporation (PDIC) will conduct a public bidding of closed banks’ assets on an “as is, where is” basis on October 9, 2014 at the Bangko Sentral…

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PDIC advises borrowers of Sarangani Rural Bank to pay their obligations

The Philippine Deposit Insurance Corporation (PDIC), the Receiver of the closed Sarangani Rural Bank, reminded borrowers of the bank to continue to pay their loans and transact only with authorized…

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PDIC commemorative stamps issued worldwide

The Philippine Deposit Insurance Corporation (PDIC) partnered with the Philippine Postal Corporation (Philpost) for the issuance of the PDIC commemorative stamps in celebration of PDIC’s milestone 50th year anniversary. On…

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MB places Sarangani Rural Bank, Inc. under PDIC receivership

All valid insured deposit claims will be paid The Monetary Board (MB) placed the Sarangani Rural Bank, Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC) by virtue…

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