As the cost of living continues to go up, having savings can provide a strong sense of assurance and security. It can help us pay for unexpected expenses and improve our living standards. And if properly planned out, savings can lead us to live comfortably in our sunset years. Hence, the habit...
“Planning is bringing the future into the present so that you can do something about it now.” Alan Lakein Accomplishing financial goals does not happen by chance. It requires adequate preparation, beginning with a well-thought-out plan. The importance of preparing for economic and financial...
State-owned Development Bank of the Philippines (DBP) has signed a memorandum of agreement with the Philippine Deposit Insurance Corporation (PDIC) to facilitate the payment of insurance claims to depositors of closed banks, a top official said. DBP President and Chief Executive Officer Emmanuel G....
The Senate unanimously approved on third and final reading the bill seeking to amend certain sections of the Philippine Deposit Insurance Corp. (PDIC) Charter, and make it an attached agency of the Bangko Sentral ng Pilipinas (BSP). Voting 23-0-0, the Senate passed during its hybrid plenary session...
“If you’re not staying on top of your money, you’re putting your financial well-being at risk .” – Suze Orman The current pandemic has brought so many life-altering changes very quickly. Despite the major changes in the last two pandemic years, some things remain the same. We can expect...
The bill seeking to amend provisions in the Philippine Deposit Insurance Corporation’s (PDIC) Charter is now up for Senate plenary discussions. Senator Sonny Angara, who chairs the Senate Finance Committee, on Wednesday night (Aug. 25), has sponsored Committee Report No. 287 on Senate Bill No....
Senator Sonny Angara is pushing for the measure seeking to increase the deposit insurance coverage provided for by the Philippine Deposit Insurance Corp. (PDIC). Sen. Sonny Angara (Alexis Nueva España / Senate PRIB / FILE PHOTO) With more Filipinos now putting their money in banks, Angara said the...
