pdic – Thinking Port

PDIC to sell closed banks’ assets

February 17, 2020 admin banks, pdic, Top Business

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Mon, 17 Feb 2020 16:31:18 +0000

THE Philippine Deposit Insurance Corp. (PDIC) is set to sell corporate and closed banks’ assets with a combined value of P61.5 million on March 19. In a statement on Monday, the state-run deposit insurer said those for up bidding are 35 residential lots, 13 residential lots with improvement, two motor vehicles and a generator set. […]

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BSP shuts down Camarines Norte-based rural bank

August 5, 2018 admin banking, BSP, Business, latest stories, pdic, rural bank of sta. elena, Today's Breaking News

THE Bangko Sentral ng Pilipinas (BSP) has ordered a Camarines Norte-based Rural Bank of Sta. Elena closed and placed under receivership, state-run Philippine Deposit Insurance Corp. (PDIC) announced over the weekend. The single-unit rural bank, at Barangay Sta. Elena (Pob.), Sta. Elena was prohibited from doing business and its assets and affairs placed under the […]

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