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PDIC advises borrowers of GSIS Family Bank to pay their obligations |
The Philippine Deposit Insurance Corporation (PDIC), the Receiver of the closed GSIS Family Bank (A Thrift Bank), reminded borrowers of the bank to continue to pay their loans and transact only with authorized PDIC representatives. GSIS Family Bank was placed under the receivership of the PDIC by virtue of Monetary Board Resolution No. 826.A dated May 13, 2016. In a statement, PDIC advised borrowers of GSIS Family Bank to pay their loans and other obligations directly at any Philippine National Bank (PNB) Branch under account name, PDIC FAO BURL - GSIS FAMILY BANK. PDIC emphasized that it has not engaged any person, agent or agency to collect the loan payments for and in behalf of the bank. To ensure proper recording of their payments, PDIC further advised borrowers to keep copies of the PNB Deposit/Payment Slips. The PDIC emphasized that for payments to be valid, it must be supported by a machine-validated PNB Deposit/Payment Slip. Official receipts will be issued by PDIC upon validation of payments and will be sent through mail to the borrowers. For proper accounting of their payments, borrowers who do not receive their official receipts are advised to send a photocopy of their deposit slips by mail to the Deputy Receiver for loans Mr. Democrito L. Bitang at the PDIC Office, 5th Floor, SSS Bldg., Ayala Avenue corner V.A. Rufino St., Makati City or send via e-mail to Mr. Ignacio M. Quintano at imquintano@pdic.gov.ph and to Ms. Thelma A. Peña at tbarias@pdic.gov.ph. Borrowers of the bank may also communicate with the PDIC-Loans Management Department I at (02) 841-4992 or 841-4982. Queries may also be sent through email at pad@pdic.gov.ph. GSIS Family Bank is a is a 22-unit thrift bank with head office located at the 2/F AIC Grande Tower, Garnet Road, Ortigas Center, Pasig City. The bank has seven branches in the National Capital Region, one in Bulacan, 11 in Cavite, and two in Laguna. * * * * * 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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