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PDIC holds Benefit Run for Yolanda victims on May 4

The Philippine Deposit Insurance Corporation (PDIC) is spearheading the "Takbo sa Pagbangon ng Leyte" on May 4, 2014, Sunday, at the PNB Financial Center in Pasay City. Around 3,000 participants are expected to join the Benefit Run being held in partnership with Gawad Kalinga Community Development Foundation, Inc. The Benefit Run aims to heighten public awareness on PDIC and raise funds to build shelters for the victims of super typhoon Yolanda in Leyte.

Registered "Takbo" participants are advised to be at the venue on or before the 5AM assembly time. Free parking slots are available on a first-come, first-served basis at the PNB Financial Center, Macapagal Blvd. and at the CITEM Parking Area (accessed from Roxas Blvd. and HK Plaza) until 4:00 a.m. only.

"Takbo" is part of PDIC's corporate social responsibility (CSR) program which advocates for the protection of the environment and the balanced development of communities. Funds to be raised from the Benefit Run will be turned over to Gawad Kalinga for the construction of disaster-resilient shelters in Leyte.

The event, to be hosted by DJ Chloe of Mellow 94.7 and Chris Everingham of the Philippine Volcanoes, has three-race distances to cater to all types of running enthusiasts at 3K, 5K and 10K. Special guests are Barangay Ginebra San Miguel players Japeth Aguilar and Dylan Ababou and Guitar brand ambassador Carlos Agassi.

Exhibit booths by "Takbo" sponsors and PDIC partner-agencies will be set up around the venue and are open to the public until 10AM.

Major event sponsors include Smart Communications, United Laboratories, PDIC Officers' Club and Employees Organization. It is also brought in partnership with Del Monte Philippines, Guitar Underwear, Summit Natural Drinking Water, Sky Fitness, The Generics Pharmacy, Nizoral, Social Security System (SSS), Government Service Insurance System (GSIS), Philippine Health Corporation (Philhealth), ABS-CBN and Manila Bulletin.

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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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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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