Category: BUSINESS
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PDIC to publicly bid out 73 closed bank properties from July 23 to 24
The Philippine Deposit Insurance Corporation (PDIC) will sell 73 closed bank properties through electronic public bidding (e-bidding). Electronic bids will be accepted through the PDIC e-bidding portal, https://assetsforsale.pdic.gov.ph, starting at 9:00 AM on July 23, 2025, until 1:00 PM on July 24, 2025, and will be opened at 2:00 PM on July 24, 2025. To…
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PDIC urges creditors of Oriental Tamaraw Rural Bank of Naujan(Oriental Mindoro), Inc. to file claims against the bank’s assets by August 4, 2025
2025, to file their claims against the assets of the closed bank either by e-mail, mail, or personal filing. Creditors refer to any individual or entity with a valid claim against the assets of the closed Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. and include depositors whose deposits exceed the maximum deposit insurance…
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23rd Depositor Protection and Awareness Week highlights strengthened depositor protection
The Philippine Deposit Insurance Corporation (PDIC) is set to lead the observance of the 23rd Depositor Protection and Awareness Week (DPAW) from June 16 to 22, 2025 with the theme, “Bank Deposit Mo, MAS Protektado.” DPAW has been declared by Presidential Proclamation No. 358 issued in 2003 as a yearly national observance to reaffirm the…
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Ditch the extra charges: Scan, send, and pay smarter with BDO Pay
Are you paying too many cash-in fees? Paying for bills plus convenience charges? Do you wish you could use your debit or credit card for shopping even if you’ve left the physical plastic at home? If you said yes to one, two or all three, it’s time to download and sign-up for BDO Pay, a payment…
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Improving health care for Filipinos one health center at a time BDO Foundation continues RHU rehabilitation
Crowded waiting areas, worn down buildings, and poorly ventilated consultation rooms are what one would witness when visiting the old La Libertad Primary Care Facility (PCF). “The paint was peeling and the whole space felt like it was no longer conducive to healing and recovery,” shared Eleanor Acabo, branch head of BDO Network Bank Negros Oriental-Guihulngan branch, as…
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PDIC slates public e-bidding for Luzon and Visayas-based closed bank properties from July 9 to 10
The Philippine Deposit Insurance Corporation (PDIC) will sell 42 closed bank properties located in various provinces in Luzon and Visayas through electronic public bidding (e-bidding). Electronic bids will be accepted through the PDIC e-bidding portal, https://assetsforsale.pdic.gov.ph, starting at 9:00 AM on July 9, 2025, until 1:00 PM on July 10, 2025, and will be opened…
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DOST Empowers Onion Farmers with Tech and Market Access
In a bid to revitalize the onion industry and uplift the livelihood of farmers in Magsaysay, Occidental Mindoro, the Department of Science and Technology (DOST) is spearheading a series of interconnected science and technology-based interventions aimed at strengthening the entire agricultural value chain—from production and processing to market access. Local farmers have long grappled with…
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PDIC reports significant gains in asset disposal for 2024
The Philippine Deposit Insurance Corporation (PDIC) recorded a significant increase in asset sales for 2024, generating P411.4 million from the sale of 281 properties, or a notable improvement of 24.7% from the P330 million sales in 2023, reflecting the Corporation’s effective asset disposal strategies. Of the 281 properties sold, 71 were PDIC-acquired assets while 210…
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PDIC to service claims of depositors of the closed Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. onsite from June 10 to 11
The Philippine Deposit Insurance Corporation (PDIC) will service depositors of the closed Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. who are required to file deposit insurance claims from June 10 to 11, 2025, from 8:00 AM to 5:00 PM, at the Head Office located at Barcenaga, Naujan, Oriental Mindoro. Required to file claims…