Philippine Deposit Insurance Corporation Official Website

NEWS

PDIC helps build Gawad Kalinga houses in Cavite

Thumbs up for a job well done. Volunteers from the Philippine Deposit Insurance Corporation (PDIC) and beneficiaries of the Gawad Kalinga (GK) community-building program exemplified the true spirit of "bayanihan" as they all worked together to construct homes for the Bayanihan Village in Dasmariñas, Cavite. PDIC volunteered to participate in the program as part of its corporate social responsibility (CSR) initiatives. PDIC's CSR advocates the protection of the environment and the balanced development of communities.

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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.

Questions? Need Help? Click Frequently Asked Questions Trunkline.: (632) 8841-4000
Hotline: (632) 8841-4141
(for Metro Manila clients)
Fax No.: (632) 8841-4085
Email: pad@pdic.gov.ph
Client outside Metro Manila may call
Toll Free: 1-800-1-888-7342 or
1-800-1-888-PDIC