The Regional Trial Court (RTC) of Makati City Branch 149, after finding the petition for assistance in the liquidation of the closed Export and Industry Bank (EIB) of the Philippine Deposit Insurance Corporation (PDIC) "sufficient in form and substance and conformably with pertinent law", has issued an order directing those who may have claims against the assets of the bank to file their claims with the PDIC. The order from Presiding Judge Cesar O. Untalan established RTC Makati City Branch 149 as the liquidation court for the closed EIB. The initial hearing for EIB's liquidation was set on April 14, 2015 at 8:30 a.m.

Pursuant to the court order, all uninsured depositors and creditors of EIB are directed to file their respective claims at the PDIC Office located at the 5/F SSS Building, 6782 Ayala Avenue corner V.A. Rufino St., Makati City. Claims may be filed from Monday to Friday, 8:00 a.m. to 5:00 p.m.

EIB is a 50-unit commercial bank that was ordered closed by virtue of Monetary Board (MB) Resolution No. 686 dated April 26, 2012 and placed under receivership by the PDIC. After the failure of two public biddings for the rehabilitation of the bank, the Monetary Board, in its Resolution No. 571 issued on April 4, 2013, directed PDIC to proceed with the liquidation of EIB.

EIB has total estimated insured deposits (EID) of P2.3 billion involving 44,229 accounts. As of February 28, 2015, the PDIC had paid EIB depositors P2.2 billion in valid deposit insurance claims involving 37,763 accounts or 96% of the total EID.

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