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Inquirer Business on MSNP1M bank deposit protection: How it worksStarting today, more bank savings are going to be protected under the expanded insurance coverage for deposits. The ...
THE PHILIPPINE Deposit Insurance Corp. (PDIC) should strengthen its receivership operations to ensure measures are in place for depositors in small and medium-sized banks. “Although some banks are ...
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Excess PDIC funds remitted to NG ‘unrestricted’ – DOFmeaning they are free to use for other purposes. These are composed of cash and investment balances and are net of restricted funds,” the DOF said. The DOF argued that the PDIC still has a ...
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