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WHAT'S NEW

PDIC, BSP Jointly Approve SPRB Plus Program
PDIC files syndicated estafa case vs GMA Rural Bank (Cavite) owners, officers
PDIC Statement on EIB Rehabilitation
Schedule of PDIC Depositors Forum for Depositors of the Closed Export & Industry Bank (EIB)
MB places Export & Industry Bank under PDIC receivership
All valid insured deposit claims will be paid
Statement of the Philippine Deposit Insurance Corporation
on Export and Industry Bank
April 27, 2012
PDIC files criminal complaint vs 8 ex-Banco Filipino execs
The Philippines’s third biggest trade partner
PDIC urges borrowers of First Provincial Bank (Tarlac City) to pay obligations
MB places First Provincial Bank Tarlac City under PDIC receivership
All valid insured deposit claims will be paid
PDIC selling failed banks' assets via public bidding at market-determined prices
PDIC turns over P470-M Dividends to the National Government
PDIC Launches Regular Meeting with RBAP
Regional Workshop on IADI Core Principles
PDIC Dividends Turnover
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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