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P1M bank deposit protection: How it worksStarting today, more bank savings are going to be protected under the expanded insurance coverage for deposits. The ...
Ipon challenge your family’s emergency fund starts today. And we have recos on the best places to keep it safe and growing.
It’s BSP-licensed, PDIC-insured, and built to make your savings ... while the average bank’s interest rate is a measly 0.0625%—meaning your hard-earned money is losing value every day.
MANILA, Philippines — The Philippine Deposit Insurance Corp. (PDIC) will review the maximum deposit insurance coverage (MDIC) every three years, with the next evaluation set for 2028 ...
THE PHILIPPINE Deposit Insurance Corp. (PDIC) wants to introduce a risk-based assessment system to prevent banks from taking on too much leverage following the increase in the maximum deposit ...
THE Philippine Deposit Insurance Corp, (PDIC) announced last Tuesday of having promptly paid a total of P281.5 million in deposit insurance to depositors of banks ordered closed in 2024 by 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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