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Sotto files bill to strengthen PDIC, enhance bank liquidation
Senate President Vicente “Tito” Sotto III has filed a bill that aims to strengthen the Philippine Deposit Insurance ...
SENATE President Vicente Sotto III sought to amend Republic Act 3591 to strengthen the Philippine Deposit Insurance Corp.
MANILA, Philippines — Islamic banks and banking units are now covered by the Philippine Deposit Insurance Corp. (PDIC), ensuring that depositors are protected even if these banks close or go bankrupt.
A BILL seeking to improve the country’s bank liquidation framework was filed in the Senate last week, aiming to strengthen depositors’ protection by expanding the authority of the Philippine Deposit ...
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