Quantcast
Latest Stories
Home » Philippine Deposit Insurance Corp. (PDIC) You are browsing entries tagged with “Philippine Deposit Insurance Corp. (PDIC)”

PDIC puts up 118 ATMs for sale

By

The state deposit insurer is putting up 118 automated teller machines (ATM) for sale next month as it liquidates assets seized from banks that were ordered closed by regulators.

Posted: November 20th, 2013 in Headlines | Read More »

PDIC files estafa complaint vs. 88 depositors of shuttered Legacy banks

By
PDIC logo

The Philippine Deposit Insurance Corp. (PDIC) on Thursday filed before the Department of Justice (DOJ) a complaint for estafa against 88 depositors for allegedly defrauding the government by P9.73 million.

Posted: January 3rd, 2013 in Latest Business Stories | Read More »

PDIC to sell acquired assets on Dec. 20

By
PDIC logo

The Philippine Deposit Insurance Corp. is set to sell more acquired properties to boost resources and partly settle the liabilities of banks that failed and were placed under its receivership.

Posted: December 12th, 2012 in Latest Business Stories | Read More »

PDIC aims to sell P60B in acquired assets in 5 years

By

Philippine Deposit Insurance Corp. (PDIC) has about P60 billion worth of acquired physical assets and receivables that it intends to turn into cash within the next five years.

Posted: June 27th, 2012 in Headlines | Read More »

Another bank placed under receivership

BSP

The Bangko Sentral ng Pilipinas has placed another financially troubled rural bank under receivership. The New Rural Bank of Tagkawayan Inc. (NRBTI) was ordered closed Friday by the Monetary Board of the central bank for failing to meet regulatory standards, said the Philippine Deposit Insurance Corp. (PDIC), which serves as the receiver of failed banks.

Posted: May 18th, 2012 in Editor's Pick,Headlines | Read More »

Legacy bank exec Alexis S. Petralba falls

By

A former executive of the failed Legacy-owned banks was arrested and arraigned recently in what the Philippine Deposit Insurance Corp. (PDIC) considers a positive development in its long-drawn legal battle with the banking group.

Posted: March 17th, 2012 in Latest Business Stories | Read More »

You’ll get your money back, PDIC assures LBC bank depositors

By

The Philippine Deposit Insurance Corp. (PDIC) has assured depositors of LBC Development Bank, many of them families of overseas Filipino workers, they will get back their deposits which were mainly the remittances of their loved ones working abroad. In a statement, PDIC said all deposits covered by insurance and confirmed as valid shall be reimbursed [...]

Posted: September 13th, 2011 in Latest Business Stories | Read More »

LBC Bank placed under receivership

By
Logo taken from http://www.lbcbank.com.ph

LBC Development Bank, a unit of the LBC Group, has been placed under receivership of the Philippine Deposit Insurance Corp. (PDIC).

Posted: September 11th, 2011 in Latest Business Stories | Read More »

Advertisement

News

  • Anti-gay demo in Ethiopia cancelled
  • Obama launches measures to support solar energy in US
  • Nebraska toddler gets stuck inside claw machine
  • Philippine eagle rescued by Army turned over to DENR
  • Gunmen attack Iraq military base, kill 10 soldiers
  • Sports

  • Vietnam says it will not host Asian Games
  • Nadal passes clay landmark with 300th victory
  • Wawrinka waltzes through with Monte Carlo walkover
  • Power Pinays smash India in Asian Women’s Club volleyball opener
  • PH youth boxers off to stumbling start in AIBA World tilt
  • Lifestyle

  • Ford Mustang turns 50 atop Empire State Building
  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • This is not just a farm
  • Clams and garlic, softshell crab risotto–not your usual seafood fare for Holy Week
  • Entertainment

  • Cannes film festival launches race for 2014 Palme d’Or
  • Jones, Godard, Cronenberg in competition at Cannes
  • Will Arnett files for divorce from Amy Poehler
  • American rapper cuts own penis, jumps off building
  • Jay Z to bring Made in America music fest to LA
  • Business

  • Total says makes ‘very promising’ oil find off Ivory Coast
  • ‘Chinese Twitter’ firm Weibo to go public in US
  • World stocks subdued, Nikkei flat on profit taking
  • Asia stocks fail to match Wall Street gains
  • Fired Yahoo exec gets $58M for 15 months of work
  • Technology

  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Filipinos #PrayForSouthKorea
  • Taylor Swift tries video blogging, crashes into fan’s bridal shower
  • DOF: Tagaytay, QC best at handling funds
  • Smart phone apps and sites perfect for the Holy Week
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • Malaysia quarantines 64 villagers over MERS virus
  • DFA: 2 Filipinos survive Korean ferry disaster
  • PH asks airline passengers to check for MERS
  • Syria most dangerous country for journalists, PH 3rd—watchdog
  • Japan says visa-free entry still a plan
  • Marketplace
    Advertisement