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PDIC signs cross-border partnership agreement with Korean counterpartPDIC turns over dividends to the National GovernmentPDIC launches eCalculator for depositorsPDIC turns over initial donation to Gawad KalingaPDIC’s Usapang Pera wins prestigious Anvil awardPDIC wins the Deposit Insurance Organization of the Year Award for 2013PDIC presents Deposit Insurance Organization of the Year Award to Finance SecretaryPDIC, GSIS, SSS embark on financial literacy campaign for public and private sector employeesPDIC commemorative stamps issued worldwideBSP, PDIC sign enhanced agreement on bank examinationPDIC launches financial literacy guidebookGlobal deposit insurance leaders pay courtesy call on President AquinoPDIC forged closer relations with international peers
WHAT'S NEW  

The Philippine Deposit Insurance Corporation wins the
Deposit Insurance Organization (DIO) of the Year Award for 2013
PDIC advises borrowers of Banco Carmona to pay their obligations
PDIC to continue processing claims of Asian Consumers Bank depositors
PDIC advises borrowers of Rural Bank of Oroquieta (Misamis Occidental) to pay their obligations
MB places Banco Carmona, Inc. (A Rural Bank) under PDIC receivership
Schedule of Depositors and Borrowers Forum for the closed Banco Carmona, Inc., A Rural Bank
PDIC to pay depositors of the closed Rural Bank of Oroquieta (Misamis Occidental), Inc. starting August 6
PDIC urges depositors to file deposit insurance claims in closed banks before expiry date
Insured depositors have 2 years from date of closure to file their claims
PDIC signs cross-border partnership agreement with Korean counterpart
Schedule of Depositors and Borrowers Forum for the closed Rural Bank of Oroquieta (Misamis Occidental), Inc.
Financing options for small and medium enterprises*
MB places Rural Bank of Oroquieta (Misamis Occidental), Inc. under PDIC receivership
All valid insured deposit claims will be paid
Preparing for an Integrated Asean Financial Market*
PDIC to pay depositors of the closed Asian Consumers Bank (A Rural Bank) starting July 16
PDIC advises borrowers of Asian Consumers Bank to pay their obligations
PDIC raises P118.01 million from sale of assets
Schedule of Depositors and Borrowers Forum for the closed Asian Consumers Bank
MB places Asian Consumers Bank (A Rural Bank), Inc. under PDIC receivership
All valid insured deposit claims will be paid
The dynamism and creative energy of ‘Silicon Valley’*
PDIC launches eCalculator for depositors
DEposit Insurance eCalculator
Usapang Pera
ipon-ipon
Careers@PDIC
Weighted Average Interest Rates
ADVISORY

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 (<360 days) 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 2031.pdf.

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