Philippine Deposit Insurance Corp

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2d
Sun Star
Clients fret over depositsHAVING been clients for years, depositors of the Lapu-Lapu Rural Bank in Carcar
Clients fret over deposits
Sun Star / Posted 2 days ago
HAVING been clients for years, depositors of the Lapu-Lapu Rural Bank in Carcar City had no reason to believe their deposits would be inaccessible when they needed it the most. Seventy-four-year-old Benedicta Gempesao visited the bank in Carcar City... Read more
5d
Inquirier.net
BSP places Lapu-Lapu Rural Bank under PDIC receivershipMANILA — The Bangko Sentral ng Pilipinas (BSP) last week closed down a rural ba
BSP places Lapu-Lapu Rural Bank under PDIC receivership
Inquirier.net / Posted 5 days ago
MANILA — The Bangko Sentral ng Pilipinas (BSP) last week closed down a rural bank in Cebu province. In a Jan. 28 circular letter, BSP Deputy Governor Nestor A. Espenilla said the BSP’s Monetary Board had decided to prohibit Lapu-Lapu Rural Bank Inc.... Read more
11d
Inquirier.net
PDIC files criminal charges vs. 3 ex-Delmont Bank execsMANILA — Three ex-officers of the shuttered Rural Bank of San Jose Del Monte In
PDIC files criminal charges vs. 3 ex-Delmont Bank execs
Inquirier.net / Posted 11 days ago
MANILA — Three ex-officers of the shuttered Rural Bank of San Jose Del Monte Inc. or Delmont Bank are facing criminal charges filed by the state-run Philippine Deposit Insurance Corp. (PDIC). In a statement Monday, PDIC identified the former Delmont... Read more
12d
Pilipino Star
BSP pushes more rural bank mergersUnified incentives to strengthen industry MANILA, Philippines - The Bangko Sen
BSP pushes more rural bank mergers
Pilipino Star / Posted 12 days ago
Unified incentives to strengthen industry MANILA, Philippines - The Bangko Sentral ng Pilipinas (BSP) is planning to consolidate its incentives programs to entice mergers among smaller banks. BSP Deputy Governor Nestor Espenilla Jr. said the bank... Read more
12d
Inquirier.net
New PDEx guidelines ok’dTHE SECURITIES and Exchange Commission has allowed the Philippine Dealing & Exc
New PDEx guidelines ok’d
Inquirier.net / Posted 12 days ago
THE SECURITIES and Exchange Commission has allowed the Philippine Dealing & Exchange Corp. (PDEx) to adopt more comprehensive guidelines on the trading and settlement of bondholders subjected to different tax structures. Based on the guidelines... Read more
15d
Pilipino Star
DOF starts cleanup, improvements for new adminMANILA, Philippines - From an inventory of issued regulations to office improve
DOF starts cleanup, improvements for new admin
Pilipino Star / Posted 15 days ago
MANILA, Philippines - From an inventory of issued regulations to office improvements and renovations, the Department of Finance has embarked on projects meant to clean and improve its own backyard five months before President Aquino steps down. "I... Read more
23d
Pilipino Star
Court orders PSE to seize LBC stocksMANILA, Philippines - The Philippine Stock Exchange has been ordered by the Mak
Court orders PSE to seize LBC stocks
Pilipino Star / Posted 23 days ago
MANILA, Philippines - The Philippine Stock Exchange has been ordered by the Makati regional trial court to seize the stocks and other personal properties of LBC Express Holdings Inc. The order was triggered by the P1.8 billion collection case filed... Read more
27d
The Manila Times
Abra rural bank placed under PDIC receivershipJanuary 10, 2016 9:17 pm THE Monetary Board has ordered a rural bank based in
Abra rural bank placed under PDIC receivership
The Manila Times / Posted 27 days ago
January 10, 2016 9:17 pm THE Monetary Board has ordered a rural bank based in Abra closed and placed under receivership of the state-run deposit insurer. In a circular released over the weekend, the... Read more
29d
Pilipino Star
BSP encourages more bank mergersMANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) said it would conti
BSP encourages more bank mergers
Pilipino Star / Posted 29 days ago
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) said it would continue to encourage small lenders to merge and consolidate to further strengthen the country’s banking system. BSP Governor Amando Tetangco Jr. said the bank regulator would... Read more

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