PDIC

22 May 2025

8:54AM

Financial inclusion boost: Islamic bank deposits now covered by PDIC

Philippine Deposit Insurance Corp. (PDIC) has formally extended deposit insurance coverage to Islamic banks (IBs) and Islamic banking units (IBUs) in the country.

28 Feb 2025

3:08PM

PDIC doubles deposit insurance coverage to P1M, strengthening depositor protection

The increase in the maximum deposit insurance coverage is part of a broader initiative to maintain financial stability and protect depositors’ funds.

26 Feb 2025

10:33AM

PDIC settled P281.5M in deposit insurance claims for banks closed last year

The state-run deposit insurer said this amount accounts for 94 percent of the total estimated insured deposits in those banks across 7,482 deposit accounts.

24 Apr 2024

5:30PM

PDIC to Auction 101 Properties from Closed Banks

The Philippine Deposit Insurance Corporation (PDIC) will auction off 101 real estate properties through an electronic public bidding scheduled for May 22-23, 2024, the agency said on Wednesday.

2 Apr 2024

3:30PM

PDIC Boosts Asset Sales to P330M, Exceeds Targets in 2023

The Philippine Deposit Insurance Corporation (PDIC) reported substantial progress in its asset liquidation efforts by garnering total sales of P330 million in 2023, surpassing the target by 9.5% against the anticipated P301.4 million.