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PDIC reports faster deposit insurance payments in 2022

PDIC reports faster deposit insurance payments in 2022

Apr 29, 2023 | Business

The Philippine Deposit Insurance Corporation (PDIC) was able to speed up the payment of deposit insurance claims for nine banks ordered closed by the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) in 2022.

Banks, credit card issuers, other lenders ordered to give 30-day grace period for payments

Banks, credit card issuers, other lenders ordered to give 30-day grace period for payments

Apr 1, 2020 | Top Stories

Banks, credit card companies, pawnshops and other lenders must grant a 30-day extension of payments to borrowers for debts falling due within the period of enhanced community quarantine, rules released by the Department of Finance on Wednesday stated.


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