PDIC bidding out assets of shuttered banks
Philippine Deposit Insurance Corp. is seeking to raise a total of at least P190.1 million from the sale of 275 residential, agricultural and commercial lots that will be put up for auction in September. The state-run PDIC is selling these assets that belonged to banks that had been shut down and placed under liquidation. Of … Continue reading PDIC bidding out assets of shuttered banks
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