From PDIC

PDIC Regulatory Issuance No. 2015-01: Computerized Records of Bank Deposits

REGULATORY ISSUANCE NO. 2015-01 TO : Member Banks SUBJECT : Computerized Records of Bank Deposits Pursuant to Section 9(d)(1) of Republic Act No. 3591, as amended (the “PDIC Charter”), the Board of Directors of PDIC, by virtue of Resolution No. 2014-12-293 dated January 8, 2015, approved the promulgation of the following Rules and Regulations Governing …

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Deposits up in Q3 2011

Another good showing for the rural banking industry as the Philippine Deposit Insurance Corporation (PDIC) reports a significant increase in the total level of deposits. As of third quarter in 2011, total deposits in RBs increased by 4.1% from P119.5 billion to P124.4 billion. Based on the general breakdown for all banks (commercial, thrift, rural, …

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Revised Rules on offenses, fines, and procedure in Administrative Investigations

To all Rural Bankers, please be advised of the approved promulgation on the revised PDIC Rules on Administrative Offenses, fines and procedure in Administrative Investigations.  This regulatory issuance is pursuant to Section 21 of RA No. 3591, as amended (the “PDIC Charter”), the Board of Directors of PDIC, by virtue of Resolution No. 2011-12-259 dated …

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