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PDIC commemorative stamps issued worldwide |
The Philippine Deposit Insurance Corporation (PDIC) partnered with the Philippine Postal Corporation (Philpost) for the issuance of the PDIC commemorative stamps in celebration of PDIC’s milestone 50th year anniversary. On December 5, 2013, the Philpost issued the commemorative stamps, which are now being circulated in more than 1,000 post offices nationwide and in over 190 Philippine postal administrations worldwide. The PDIC commemorative stamps’ design depicts a dynamic and growing community that embodies the virtues of saving and financial inclusion. This represents the kind of community envisioned by the PDIC for the Filipino nation. Its key design elements were the PDIC’s 50th anniversary logo and the corporate customer service philosophy, “Committed to Serve.” The milestone issuance passed through the National Historical Commission of the Philippines and the National Commission for Culture and the Arts and will be rendered in the archives of history. The issuance of the PDIC commemorative stamps is one of the initiatives that the Corporation undertook to promote public awareness on depositor protection and financial literacy. Finance Secretary and PDIC Chair Cesar V. Purisima said that this is a worthy move that will raise public awareness on the role of PDIC to provide depositor protection and promote financial stability, and will encourage our countrymen to save and avail of financial services of banking institutions. * * * * * The Philippine Deposit Insurance Corporation (PDIC) was established on June 22, 1963 by Republic Act 3591 to provide depositor protection and help maintain stability in the financial system by providing permanent and continuing deposit insurance. Effective June 1, 2009, the maximum deposit insurance coverage is P500,000 per depositor. All deposit accounts by a depositor in a closed bank maintained in the same right and capacity shall be added together. A joint account shall be insured separately from any individually-owned deposit account. PDIC news/press releases and other information are available at the website, www.pdic.gov.ph. |
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