Philippine Deposit Insurance Corporation
From Wikipedia, the free encyclopedia
The Philippine Deposit Insurance Corporation (Filipino: Korporasyon ng Pilipinas sa Seguro ng Deposito,[1] abbreviated as PDIC) is a Philippine government-run deposit insurance fund. It was established on June 22, 1963, by Republic Act 3591. It guarantees deposits up to ₱500,000.[2] The primary function of PDIC is to protect small investors/depositors and build strong confidence in banking.[3] PDIC receives guidance from the International Association of Deposit Insurers.[4]
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Quick Facts Industry, Founded ...
Industry | Finance |
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Founded | June 22, 1963; 61 years ago (1963-06-22) |
Headquarters | , Philippines |
Area served | Philippines |
Key people | Eli M. Remolona, Jr. (Chairman) Roberto B. Tan (President and Chief Executive Officer) |
Services |
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Website | www |
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