News
Press Releases
The PDIC regularly issues news releases to inform the public of the Corporation's operations in relation to its mandates of deposits insurance, examination and resolution of banks, and receivership and liquidation of closed banks as well as initiatives in support of its public awareness and financial literacy campaigns and corporate social responsibility program.
BAIPHIL confers Institutional Award to PDIC for sustained support to the PH banking industry
Invaluable contributor to the Philippine banking industry. The Bankers Institute of the Philippines (BAIPHIL) recognized the Philippine Deposit Insurance Corporation (PDIC) for its active support and commitment to the Philippine banking industry
Continue ReadingPDIC pursues legislative reforms to strengthen PH deposit insurance system
Legislative reforms for a stronger deposit insurance system. The Philippine Deposit Insurance Corporation (PDIC) is pursuing legislative reforms to amend its Charter and ensure a deposit insurance system that is broader in coverage, faster in response, stronger in times of crisis, and worthy of public trust.
Continue ReadingAdvancing risk-based assessment to strengthen, future-proof PH deposit insurance system
Rewarding stronger risk management today to better protect Filipino depositors tomorrow. The Philippine Deposit Insurance Corporation (PDIC) is gearing up for the Risk-Based Assessment System (RBAS) for banks, a landmark reform that aims to align banks’ deposit insurance premium with their individual risk profiles.
Continue ReadingPDIC: Higher deposit insurance coverage boosts savings, strengthens public confidence
Reinforcing public trust in the banking system through enhanced deposit insurance coverage. The Philippine Deposit Insurance Corporation (PDIC) reported that total deposits in the banking system recorded a strong growth of 9.8 percent as of end-March 2026, following the increase of the maximum deposit insurance coverage (MDIC) to P1 million per depositor, per bank in March 2025
Continue ReadingPDIC, Kyrgyz Republic advance strategic partnership for depositor protection, financial stability
Building stronger deposit insurance systems through cross-border cooperation. The Philippine Deposit Insurance Corporation (PDIC) sustained its international cooperation efforts with the signing of a Memorandum of Understanding (MOU) with its counterpart from Kyrgyz Republic.
Continue ReadingPDIC to offer 59 Visayas, Mindanao properties for e-bidding on August 26-27
The Philippine Deposit Insurance Corporation (PDIC) is set to offer for sale 59 properties based in the Visayas and Mindanao regions through electronic public bidding (e-bidding) at https://assetsforsale.pdic.gov.ph on August 26 to 27, 2026.
Continue ReadingPublic Advisory – Warning Against Fraudulent Misrepresentation
The Philippine Deposit Insurance Corporation (PDIC) warns the public against individuals or groups who are fraudulently and without authority using the name of PDIC Vice President Peter Noel P. Herrera (Administrative Services Group), to illegally solicit money from the public.
Continue ReadingPDIC launches enhanced website, e-portal to strengthen public service delivery
At your service, anytime, anywhere. The Philippine Deposit Insurance Corporation (PDIC) took another significant step toward building a digitally empowered organization and reinforced its commitment to public service with the launch of its enhanced website and the MyPDIC Portal.
Continue ReadingPDIC to auction 240 Tiaong residential lots via e-bidding on August 19-20
The Philippine Deposit Insurance Corporation (PDIC) will offer 240 vacant residential lots located in Tiaong, Quezon via electronic public bidding (e-bidding) scheduled on August 20, 2026.
Continue ReadingPDIC partners with DICT to advance digital transformation initiatives
Strengthening digital governance. The Philippine Deposit Insurance Corporation (PDIC) formalized its first partnership with the Department of Information and Communications Technology (DICT) through the ceremonial signing of the agencies’ Memorandum of Understanding (MOU) during the PDIC's 63rd Anniversary Program on July 1, 2026, at the PDIC Chino Building in Makati City.
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