The Philippine Statistics Authority (PSA) has recently cleared the registration of the Nationwide Public Awareness and Reputation Survey (NPARS) of the Philippine Deposit Insurance Corporation (PDIC) to the PSAโs Statistical Survey Review and Clearance System (SSRCS).
The seal of approval from the PSA confirms that the PDICโs survey instrument and methodology comply with established national statistical standards.
The NPARS aims to measure the level of public awareness of PDIC and of deposit insurance, as well as the publicโs perception of the Corporation as a government financial institution. Administered to 1,500 adult Filipino respondents nationwide, the NPARS also identifies the publicโs most common sources of information about PDIC and deposit insurance.
โThe PSAโs clearance for the NPARS is a welcome development for the PDIC,โ said PDIC President and CEO Roberto B. Tan.
โThis demonstrates that the Corporation upholds the highest level of transparency and integrity in our research initiatives. The results will be instrumental for PDIC to develop data-driven communication tools that would help the public better understand the role of PDIC and the importance of deposit insurance in protecting depositorsโ hard-earned savings in banks,โ Mr. Tan said.
The SSRCS is a mechanism institutionalized by the PSA to evaluate the design and instruments of statistical surveys and censuses conducted or sponsored by government agencies. The PSAโs establishment of the SSRCS is mandated under Republic Act No. 10625, also known as the Philippine Statistical Act of 2013, which aims to support and strengthen statistical work across the Philippine Statistical System.
By obtaining SSRCS clearance, the PDIC ensures that NPARS adheres to national statistical standards, reinforcing the credibility, reliability, and integrity of the survey results. The clearance also enhances public trust and is expected to encourage greater respondent participation in future survey rounds. With the SSRCS clearance, the PDIC may also benefit from technical advice and guidance from the PSA, supporting continuous improvement in the design and conduct of future surveys.
The PDIC remains committed to upholding national statistical standards and evidence-based decision making. The approval of the NPARS under the SSRCS underscores the Corporationโs continued efforts to promote transparency, data integrity, and informed public service. (PDIC)
