PDIC continues processing MSB deposit claims
The Philippine Deposit Insurance Corporation (PDIC) said depositors of the closed Maximum Savings Bank Inc. who have not filed their claims for deposit…
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The Philippine Deposit Insurance Corporation (PDIC) said depositors of the closed Maximum Savings Bank Inc. who have not filed their claims for deposit…
State-run Philippine Deposit Insurance Corp. (PDIC) on Wednesday bared its fangs against the still uncooperative lender ordered closed by the Bangko Sentral ng…
PDIC assured depositors that all valid deposits and claims shall be paid up to the maximum deposit insurance coverage of P500,000.
The sale proceeds of P240.5 million for 548 properties represented 46.4 percent of the aggregate disposal price of P518.8 million.
Proceeds from the sale of closed banks’ properties are added to the pool of liquid assets of these banks for distribution.
PDIC pays deposit insurance claims through various modes to provide convenience to closed banks’ depositors
The Philippine Deposit Insurance Corp. (PDIC) reported selling acquired assets from closed banks totaling P233.1 million in the first seven months this year.
Deposit insurer PDIC prohibits the Laguna rural lender from engaging in any more business, making it the second rural bank to close shop this year. contributed…