Category: BUSINESS
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Deposits P500K and below PDIC starts deposit insurance payments to depositors of the closed Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc.
The Philippine Deposit Insurance Corporation (PDIC) announced that it started paying deposit insurance through Postal Money Orders (PMOs) and Land Bank Visa Debit Cards (LVDC) on May 30, 2025, to all depositors eligible for outright payment who maintained deposits with the closed Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. Eligible for outright deposit…
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PAPI Appeals to PBBM: Retain Jay Ruiz as PCO Secretary
“Changing the guards mid-game sends the wrong signal,” warns PAPI President Nelson Santos The Publishers Association of the Philippines, Inc. (PAPI), one of the country’s largest and oldest media organizations, is appealing to President Ferdinand R. Marcos Jr. to retain Secretary Jay Ruiz as head of the Presidential Communications Office (PCO), citing his professionalism, journalistic…
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Dakak Affirms Operational Status Amid Land Dispute Misinterpretation
Amid circulating misinformation about its operations and ownership status, Dakak Beach Resort has clarified that it remains fully operational, not for sale, and is in fact expanding its offerings while opening doors for new business collaborations. A household name in Philippine tourism, Dakak continues to stand as one of Mindanao’s premier destinations. With its sweeping…
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PDIC 101: Understanding Deposit Insurance for media mounted in Naga City
The Philippine Deposit Insurance Corporation (PDIC), in collaboration with the Philippine Information Agency (PIA) Bicol Region and Camarines Sur Provincial Information Center, conducted the regional pilot run for 2025 of its flagship media education initiative, PDIC 101: Understanding Deposit Insurance. The initiative, held in Villa Caceres, Naga City, Camarines Sur, marks the first of several…
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PDIC highlights role of deposit insurance to promote depositor
PDIC initiatives to boost depositor protection and financial stability. Philippine Deposit Insurance Corporation (PDIC) General Counsel Maria Antonette Brillantes-Bolivar highlighted the critical role of deposit insurance in protecting depositors and promoting financial stability. In her address during the recent 33rd Bankers Institute of the Philippines (Baiphil) National Convention held at the Iloilo Convention Center, Atty.…
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Depositors of the closed Bangko Pangasinan – A Rural Bank, Inc. have until June 2 to file deposit insurance claims
The Philippine Deposit Insurance Corporation (PDIC) announced that depositors of the closed Bangko Pangasinan – A Rural Bank, Inc. have until June 2, 2025, to file their deposit insurance claims. Based on the latest PDIC data, deposit insurance claims for 440 deposit accounts with aggregate insured deposits amounting to P5.0 million have yet to be…
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PDIC advises borrowers of Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. to pay their obligations
The Philippine Deposit Insurance Corporation (PDIC) advised borrowers of the closed Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. that they are under obligation to pay their loans notwithstanding the closure of the bank. PDIC, the statutory receiver of the closed Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc., reminded borrowers to transact…
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Luzon and Visayas-based agri, residential lots for sale via PDIC public e-bidding from June 25 to 26
The Philippine Deposit Insurance Corporation (PDIC) will sell 50 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 June 25, 2025 until 1:00 PM on June 26, 2025, and will be opened…
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The Great BDO Travel Sale is BACK—Bigger, Better, and Ready to Take You Places!
Ready for takeoff? The Great BDO Travel Sale returns this 2025, giving BDO Cardholders nationwide front-row access to exclusive airfare deals, tour packages, and cashback perks to local and international destinations. From Europe to Asia, desert safaris to fjord hikes—this is your ticket to dream getaways at unbeatable value. Event Dates and Venues Top airline and travel…
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Mom’s money, mom’s rules: Smart banking with BDO
Being a mom is being the CEO of your home, also known as the Chief Expense Officer. From groceries to utilities to tuition fees to insurance premiums, you are responsible for a spending list that seems to go on and on. But moms being moms, you want to stay on top of all the bills,…