Creditors of the closed Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. have until August 4, 2025, to file their claims against the bank’s assets.
Claims filed after said date shall be disallowed. 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 with uninsured deposits that exceed the maximum deposit insurance coverage (MDIC) of P1 million.
The Philippine Deposit Insurance Corporation (PDIC) said that creditors may file their claims through any of the following:
1. E-mail at naujan-pad@pdic.gov.ph;
2. Mail addressed to the PDIC Public Assistance Department, Ground Floor, PDIC Chino Bldg., 2228 Chino Roces Avenue, Makati City 1231. Claims filed by mail must have a postmark date no later than August 4, 2025; or
3. Personal filing at the PDIC Public Assistance Center (PAC) located on the Ground Floor, PDIC Chino Bldg., 2228 Chino Roces Avenue, Makati City, from Monday to Friday, from 8:00 AM to 5:00 PM. For visits to the PAC, clients are highly encouraged to request an appointment by calling the Public Assistance Hotline during office hours at (02) 8841-4141 or at Toll-Free number 1-800-1-888-7342 or 1-800-1-888-PDIC, by sending an e-mail request to naujan-pad@pdic.gov.ph, or by sending a request through private message at PDIC’s official Facebook page at www.facebook.com/OfficialPDIC.
The prescribed Claim Form against the assets of the closed bank may be downloaded from the PDIC website at http://www.pdic.gov.ph/files/Claim_Form_Against_Assets_of_Closed_Banks.pdf. PDIC reminds creditors to transact only with authorized PDIC personnel.
Claims filed after August 4, 2025, shall be disallowed. PDIC, as Receiver, shall notify creditors of the denial or disallowance of claims through mail. Claims denied or disallowed by the PDIC may be filed with the liquidation court within 60 days from receipt of final notice of denial or disallowance of claim, or within 20 days from the date of publication of the Order setting the Petition for Assistance in the Liquidation Proceeding for the initial hearing, whichever is later.
In addition, PDIC said that depositors with account balances of more than the MDIC of P1 million who have already filed claims for the insured portion of their deposits as of August 4, 2025, are deemed to have filed their claims for the uninsured portion or the amount in excess of the MDIC.
PDIC, as Receiver of closed banks, requires personal data from creditors to be able to process their claims and protects these data in compliance with the Data Privacy Act of 2012.
Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. was ordered closed by virtue of Monetary Board Resolution No. 437.B dated May 8, 2025. It is a single-unit rural bank located in Barcenaga, Naujan, Oriental Mindoro.
All requests and inquiries relating to Oriental Tamaraw Rural Bank of Naujan (Oriental Mindoro), Inc. shall be addressed to the PDIC Public Assistance Department through e-mail at naujan-pad@pdic.gov.ph, or through telephone number (02) 8841-4141. Creditors outside Metro Manila may call the PDIC Toll Free Hotline during office hours at 1-800-1-888-PDIC (7342). Inquiries may also be sent as a private message to the PDIC’s official Facebook page at www.facebook.com/OfficialPDIC.
