Tag page - PDIC funds

State-run Philippine Deposit Insurance Corp. (PDIC) is intensifying efforts to recover ₱107 billion remitted to the national treasury to rebuild its deposit reserve cushion even as executives maintain operational targets remain intact despite the reduced capital base. PDIC President and Chief...

State-run Philippine Deposit Insurance Corp. (PDIC) is seeking to increase insurance coverage for bank accounts that Filipinos rely on for daily living and long-term security—such as payroll and retirement accounts—to cushion depositors against losses during bank failures. The proposal is...

Physician and public health advocate Tony Leachon on Monday, May 25, filed plunder and technical malversation charges before the Office of the Ombudsman against Executive Secretary Ralph Recto and several Cabinet officials over the alleged diversion of P60 billion in PhilHealth reserve funds and...