PDIC and PHILJA strengthen ties

The Philippine Deposit Insurance Corporation (PDIC) and the Philippine Judicial Academy (PHILJA) renewed their partnership to promote depositor protection and financial stability. PDIC President Valentin A. Araneta and PHILJA Chancellor…

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MB places Rural Bank of Dasmariñas, Inc. under PDIC receivership

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

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PDIC expands waiver of claims filing to P15,000

The Philippine Deposit Insurance Corporation (PDIC) announced that depositors who have valid savings and demand deposit accounts with balances of P15,000 and below will now be eligible for outright payment…

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MB places Siam Bank (A Rural Bank), Inc. under PDIC receivership

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

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MB places Ilocandia Community Bank, Inc. under PDIC receivership

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

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PDIC to auction 97 motor vehicles on November 16

NEWS/PRESS RELEASE: PR-122-12; Date of Release: November 9, 2012 The Philippine Deposit Insurance Corporation (PDIC) will dispose via public bidding on an “as-is, where-is” basis 97 vehicles of 16 closed…

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PDIC to bid the rehabilitation of Export & Industry Bank on October 18

NEWS/PRESS RELEASE: PR-116-12; Date of Release: October 17, 2012 Depositors Forums set The Philippine Deposit Insurance Corporation (PDIC) is set to bid tomorrow, October 18, 2012, the first tranche (Tranche…

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