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Deposits are insured by PDIC up to P500,000 per depositor
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Among the diverse set of stakeholders that PDIC serves are the borrowers of closed banks. Their timely payment of obligations helps optimize recovery during liquidation of closed banks. The PDIC proactively informs borrowers that they are still required to pay their loans and other obligations, notwithstanding the closure of the bank.

To help borrowers settle their loans, the PDIC provides borrowers with multiple loan-payment options and offers an incentive program to encourage full settlement of outstanding obligations.

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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
Client outside Metro Manila may call
Toll Free: 1-800-1-888-7342 or