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Deposits are insured by PDIC up to ₱1 Million per depositor
NEWS   


PDIC nationwide survey gets clearance from PSA

NEWS RELEASE
Date of Release: May 4, 2026
FOR IMMEDIATE RELEASE
PR-034-26

Corporate Communications Department
Tel: (02) 8841-4636 to 39
Trunkline: (02) 8841-4000
Email: ccd@pdic.gov.ph


The Philippine Statistics Authority (PSA) has recently cleared the registration of the Nationwide Public Awareness and Reputation Survey (NPARS) of the Philippine Deposit Insurance Corporation (PDIC) to the PSA’s Statistical Survey Review and Clearance System (SSRCS).

The seal of approval from the PSA confirms that the PDIC’s survey instrument and methodology comply with established national statistical standards.

The NPARS aims to measure the level of public awareness of PDIC and of deposit insurance, as well as the public’s perception of the Corporation as a government financial institution. Administered to 1,500 adult Filipino respondents nationwide, the NPARS also identifies the public’s most common sources of information about PDIC and deposit insurance.

“The PSA’s clearance for the NPARS is a welcome development for the PDIC,” said PDIC President and CEO Roberto B. Tan.

“This demonstrates that the Corporation upholds the highest level of transparency and integrity in our research initiatives. The results will be instrumental for PDIC to develop data-driven communication tools that would help the public better understand the role of PDIC and the importance of deposit insurance in protecting depositors’ hard-earned savings in banks,” Mr. Tan said.

The SSRCS is a mechanism institutionalized by the PSA to evaluate the design and instruments of statistical surveys and censuses conducted or sponsored by government agencies. The PSA’s establishment of the SSRCS is mandated under Republic Act No. 10625, also known as the Philippine Statistical Act of 2013, which aims to support and strengthen statistical work across the Philippine Statistical System.

By obtaining SSRCS clearance, the PDIC ensures that NPARS adheres to national statistical standards, reinforcing the credibility, reliability, and integrity of the survey results. The clearance also enhances public trust and is expected to encourage greater respondent participation in future survey rounds. With the SSRCS clearance, the PDIC may also benefit from technical advice and guidance from the PSA, supporting continuous improvement in the design and conduct of future surveys.

The PDIC remains committed to upholding national statistical standards and evidence-based decision making. The approval of the NPARS under the SSRCS underscores the Corporation’s continued efforts to promote transparency, data integrity, and informed public service.

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The Philippine Deposit Insurance Corporation (PDIC) was established on 22 June 1963 by Republic Act 3591 to protect depositors and help maintain stability in the financial system.

The PDIC is an attached agency of the Bangko Sentral ng Pilipinas and a member of the Financial Sector Forum, the Financial Stability Coordination Council, and the Financial Inclusion Steering Committee.

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.
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