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PDIC inks cross border cooperation with UK counterpart  Groundbreaking ceremony held for PDIC-Gawad Kalinga Village in Eastern Samar PDIC helps build Gawad Kalinga houses in Cavite PDIC inks cross-border cooperation agreement with Thailand PDIC to enhance Loans Monitoring System for closed banks PDIC signs cross-border partnership agreement with Korean counterpart PDIC turns over dividends to the National Government PDIC launches eCalculator for depositors PDIC turns over initial donation to Gawad Kalinga PDIC’s Usapang Pera wins prestigious Anvil award PDIC wins the Deposit Insurance Organization of the Year Award for 2013 PDIC presents Deposit Insurance Organization of the Year Award to Finance Secretary
WHAT'S NEW  

The Philippine Deposit Insurance Corporation wins the
Deposit Insurance Organization (DIO) of the Year Award for 2013
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 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 inks cross border cooperation with UK counterpart
PDIC to auction P64.3-M worth of ROPA
PDIC advises borrowers of Rural Bank of Magsingal (Ilocos Sur), Inc. to pay their obligations
PDIC to pay depositors of the closed Rural Bank of Magsingal (Ilocos Sur), Inc. starting March 18
PDIC to pay depositors of the closed Community Bank (Rural Bank of Alfonso, Inc.) starting March 18
PDIC to continue processing claims of Rural Bank of Burauen depositors
PDIC to continue processing claims of Synergy Rural Bank depositors
PDIC advises borrowers of Community Bank (Rural Bank of Alfonso, Inc.) to pay their obligations
Schedule of Depositors-Borrowers Forum for the closed Rural Bank of Magsingal (Ilocos Sur), Inc.
MB places Rural Bank of Magsingal (Ilocos Sur), Inc. under PDIC receivership
All valid insured deposit claims will be paid
PDIC urges banks to avail of its bank strengthening programs
PDIC sells assets worth P93-M during Davao public auction
Schedule of Depositors-Borrowers Forum for the closed Community Bank (Rural Bank of Alfonso, Inc.)
PDIC to continue processing claims of Cooperative Bank of Tarlac depositors
MB places Community Bank (Rural Bank of Alfonso, Inc.) under PDIC receivership
All valid insured deposit claims will be paid
Banks to comply with computerized deposit record-keeping rules
PDIC raises P349-M from asset sales
DEposit Insurance eCalculator
No Gift Policy
Usapang Pera
ipon-ipon
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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 2019.pdf.

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