Philippine Deposit Insurance Corporation
Website description: PDIC is a government instrumentality created in 1963 by Republic Act 3591, as amended, to insure the deposits of all banks. PDIC exists to protect depositors by providing deposit insurance coverage for the depositing public and help promote financial stability.
Philippine deposit insurer raises maximum coverage to P1m
Philippine deposit insurer raises maximum coverage to P1m
Previously, the MDIC amount was $8,630.44 (₱500,000).
Philippine Deposit Insurance remits $2b to fund gov’t projects
The Deposit Insurance Fund is kept within the target level established by the board.
Thought Leadership Centre
In Association with
Most Read
1. SingSaver sees insurance as next frontier for consumer awareness 2. Korea’s new capital rules reduce insurers' capital burden 3. Singaporeans want early retirement, but many lack confidence 4. Prudential reels in new CEO for Malaysia, Indonesia, Vietnam 5. The increasing number of affluent individuals in India and their evolving insurance needsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
08
Events
Event News
Enterprisers struggle with cumbersome loan requirements and high collateral.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs
Rethinking insurance for the masses