The Philippine Deposit Insurance Corporation (PDIC) announced on Wednesday, May 21, that the state deposit insurer has expanded its coverage to Islamic banks (IBs) and Islamic banking units (IBUs). As announced through Bulletin 2024-09, IBs and IBUs in the Philippines are “now officially covered...
Filipino depositors have no cause for alarm as the banking system remains stable following the Philippine Deposit Insurance Corporation's (PDIC) remittance of P107.23 billion to the Bureau of Treasury (BTr), according to the state deposit insurer's chief. During the bankers' night hosted by the...
Roberto B. Tan Roberto B. Tan, president and chief executive officer of the Philippine Deposit Insurance Corporation (PDIC), was elected to the Executive Council of the International Association of Deposit Insurers (IADI). Tan was elected during IADI's 23rd Annual General Meeting in Tokyo, Japan....
The time spent in settling insurance claims and resolving loan accounts in closed banks was significantly reduced following the Philippine Deposit Insurance Corp.’s (PDIC) shift to digital platforms, the Department of Finance (DOF) said. Roberto B. Tan, PDIC president and chief executive officer...