Tag page - maximum deposit insurance coverage (MDIC)

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Manila Bulletin

Philippine bank deposits hit ₱22 trillion in Q1 as savings surge
Philippine bank deposits grew at a faster pace in the first quarter of 2026, nearing ₱22.1 trillion as households and businesses parked more funds in banks amid sustained confidence in the financial system. In a statement on Thursday, Aug. 27, state-run deposit insurer Philippine Deposit...
Manila Bulletin

PDIC expands ₱1-million deposit insurance coverage to Islamic banks, banking units
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...
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