In a press statement, the state deposit insurer said these assets, originating from closed banks, include residential, commercial, and subdivision lots.
The auction will be held on PDIC's e-bidding portal, with the properties available on an "as-is, where-is" basis.
The initiative is part of PDIC's mandate to liquidate assets of closed banks to compensate creditors and depositors.
The diverse portfolio up for grabs spans several locations across Luzon, offering potential buyers a significant opportunity to invest. Interested participants must register online to submit bids.
