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WHAT'S NEW

PDIC to pay depositors of RB Valencia (Negros Oriental)
January 26, 2012
MB places RB Luna (La Union) under PDIC receivership
Borrowers urged to pay obligations

January 25, 2012
Deposits up 6.4% in Q3 2011
January 19, 2012
Legacy Bank owner arraignment reset for the 7th time
January 13, 2012
PDIC to pay depositors of RB Mawab
December 29, 2011
Court urges creditors of Rural Bank of San Antonio de Padua (Laguna) to file claims against bank
December 27, 2011
PDIC, AMLC sign MOA on info exchange
December 21, 2011
MB places Rural Bank of Jordan under PDIC receivership
All valid claims will be paid

December 19, 2011
MB places Rural Bank of Calubian under PDIC receivership
All valid claims will be paid

December 19, 2011
PDIC to conduct public bidding for closed banks’ assets on Dec. 19
December 07, 2011
Weighted Average Interest Rates
ADVISORY TO DEPOSITORS

Depositors should carefully assess deposit interest rate offers that are clearly much higher than the market rates. Excessively high interest rates usually indicate higher risk. Please refer to PDIC Regulatory Issuance No. 2011-01 and BSP Circular No. 640 for more information.

* Represents the weighted average interest rate charged on interest-bearing deposits with fixed-maturity dates and evidenced by certificates issued by commercial banks. these rates are sourced from the Bangko Sentral ng Pilipinas (BSP), http://www.bsp.gov.ph/statistics/spei_pub/Table 2042.pdf.

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