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PDIC Hosts Cocktails on the 41st Anniversary

Manila Polo Club, June 22 -- PDIC President and Chief Executive Officer Ricardo M. Tan delivers his remarks during cocktails for industry guests and the media in observance of PDIC's 41st Anniversary and the second year of declaration of the Depositor Protection and Awareness Week on June 16 - 22, 2004. Mr. Tan expressed his heartfelt gratitude for the industry's support to the amendments to the PDIC Charter. Among the guests were Bangko Sentral ng Pilipinas Governor Rafael B. Buenaventura and Rep. Jesli Lapus, author of the House bill amending the PDIC Charter (see next photo).


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PDIC is a government instrumentality created in 1963
by virtue of Republic Act 3591, as amended, to insure
the deposits of all banks. PDIC exists to protect
depositors by providing deposit insurance coverage for the depositing public and help promote financial stability. PDIC is an attached agency of the Bangko Sentral ng Pilipinas.
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