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| Company type | State-owned |
|---|---|
| Industry | Finance |
| Founded | June 22, 1963 |
| Headquarters | , Philippines |
Key people | Eli M. Remolona, Jr.(Chairperson[a]) Ralph Recto (Vice–Chairperson[b]) Roberto B. Tan (President and Chief Executive Officer) |
| Services |
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| Owner | Government of the Philippines |
| Website | www |
The Philippine Deposit Insurance Corporation (Filipino: Korporasyon ng Pilipinas sa Seguro ng Deposito,[1] abbreviated as PDIC) is a Philippine government-run deposit insurance fund. It was established on June 22, 1963, by Republic Act 3591. It guarantees deposits up to ₱500,000.[2] The primary function of PDIC is to protect small investors/depositors and build strong confidence in banking.[3] PDIC receives guidance from the International Association of Deposit Insurers.[4]
Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page).
- ^ "Mga Pangalan ng Tanggapan ng Pamahalaan sa Filipino" (PDF). Komisyon sa Wikang Filipino (in Filipino). 2013. Archived (PDF) from the original on March 29, 2017. Retrieved March 27, 2018.
- ^ Romero, Paolo (April 30, 2009). "GMA signs law raising deposit insurance to P.5 million". Philstar.com. Manila. Retrieved July 14, 2022.
- ^ "Financial Sector Assessment Program Update: Assessment of Philippines Deposit Insurance Corporation". International Bank for Reconstruction and Development/The World Bank. World Bank Group: 1–2. February 2011.
- ^ "Bank Deposits - Your Partner in Progress". Sunstar Cebu. June 16, 2022. Retrieved August 30, 2022.