Rappler's latest stories on PDIC
Shuttered AMA Bank refuses to turn over records – PDIC
PDIC gives employees of AMA Bank of Mandaluyong 24 hours to turn over bank records or face the 'full force of law'
BSP shuts down Batangas-based Tiaong Rural Bank
Tiaong Rural Bank, Inc. is the 6th problmatic bank to be shut down this year
10 gov’t firms fail to remit P68B in dividends – COA
State auditors find that from 2004 to 2014 these GOCCs either did not declare failed to record failed to remit or under remitted their dividends
Fewer Philippine banks in 2015
The central bank s order to close 14 rural banks in 2015 leads to the continuing decline of established banks in the country
BSP releases guidelines on rural bank mergers
The program seeks to encourage consolidations and mergers among rural banks to bring about a less fragmented banking system
Senate passes bill protecting bank clients from closures
Under the measure the Philippine Deposit Insurance Corporation would reinforce weak banks even before closure orders
BSP approves sweetened perks for rural bank mergers
BSP says encouraging more mergers among rural banks will bring about a less fragmented banking system in the Philippines
Ex-Banco Filipino officers slapped with criminal complaint
20 former stockholders and officers of the bank are the subject of a criminal complaint filed with the justice department
PDIC to hold sealed bidding for 126 properties
The bidding will be held on June 30 and will benefit uninsured depositors and creditors of closed banks
BSP warns versus unauthorized deposit-taking activities
The central bank says only banks are allowed to accept deposits from the public
PDIC files raps vs Exportbank officers
The state deposit insurer files a criminal complaint against the former chairman and 5 other officers of the troubled Export and Industry Bank
PDIC to liquidate failed Exportbank
The move comes after the state run insurer failed to get investors to rehabilitate the bank
Exportbank bidding fails
No party submitted a letter of interest to bid for the bank s assets and liabilities
Road to Exportbank rehab 'getting more difficult'
State deposit insurer PDIC said the rehabilitation efforts for the now closed Export and Industry Bank Exportbank are facing serious hurdles due to difficulty in obtaining the consent of some depositors and creditors
CA flip-flops: Banco Filipino stays closed
Thrift bank Banco Filipino was closed down in March 2011 by the central bank but that order was blocked by the appellate court in January 2012 The court reverses its decision in a recent ruling however
PDIC: Anyone wants Exportbank aside from BDO?
The state insurer is inviting other banks interested to rehabilitate Export Industry Bank to submit their proposals
