World Bank turns over bank failure prediction model to PDIC

World Bank - PDIC partnership. World Bank Country Director for the Philippines Motoo Konishi (4th from left) turned over the customized bank prediction model to PDIC Executive Vice President Imelda…

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PDIC’s sale of closed bank’s assets benefits 905 families in Laguna

The Philippine Deposit Insurance Corporation (PDIC), Liquidator of the closed Fortune Savings and Loan Association, Inc. (FSLAI), signed on June 14, 2013 a Memorandum of Agreement (MOA) with the Innovation…

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PDIC raises P35.8-M from bidding of assets

The Philippine Deposit Insurance Corporation (PDIC) raised a total of P35.8 million from the public bidding of corporate and closed banks’ assets last week, the third public bidding conducted for…

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FDIC, PDIC sign joint Communiqué for cross-border cooperation

The Federal Deposit Insurance Corporation (FDIC) of the United States and the Philippine Deposit Insurance Corporation (PDIC) have signed a joint communiqué for cross-border cooperation recognizing that depositor protection is…

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