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The Bermuda Monetary Authority has issued a public warning in relation to Blockchain Deposit Insurance Corporation. The ...

MANILA, Philippines — Two lawmakers at the House of Representatives on Sunday lauded the “long overdue” increase to P1 million of the bank deposit insurance, a move seen to further boost ...

In 2024, the PDIC paid P281.5 million in deposit insurance claims, benefiting 7,482 depositors of three distressed rural and cooperative banks that had been shut down by regulators.

The maximum deposit insurance coverage provided by the Philippine Deposit Insurance Corporation (PDIC) has been increased to P1 million per depositor, per bank. In an advisory issued Friday, the PDIC ...

State deposit insurer Philippine Deposit Insurance Corporation (PDIC) announced on Friday, Feb. 28, that it will raise its insurance coverage for bank deposits, increasing the protection for ...

THE Philippine Deposit Insurance Corp. (PDIC) will double the Maximum Deposit Insurance Coverage (MDIC) from P500,000 to P1 million per depositor, per bank, effective March 15, 2025. The move aims to ...

the top official of the Philippine Deposit Insurance Corporation (PDIC) said. “Through the years since the last increase in deposit insurance, the value of the deposit insurance of P500,000 ...

MANILA, Philippines — The Philippine Deposit Insurance Corporation (PDIC) said it “promptly” disbursed P281.5 million in deposit insurance claims in 2024, which benefited the depositors of ...