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PDIC expresses support for Senate bill to strengthen the Philippine deposit insurance system2/21/2026 The Philippine Deposit Insurance Corporation (PDIC) supports Senate Bill No. 1667, which was recently filed by Senate President Vicente C. Sotto III. Said Bill seeks to amend Republic Act No. 3591, or the PDIC Charter, to strengthen the state deposit insurer’s institutional capacities to fulfill its mandates of depositor protection and promotion of financial stability.
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PDIC simplifies, indefinitely extends loan incentive program to benefit more closed bank borrowers2/21/2026 The Philippine Deposit Insurance Corporation (PDIC) has announced the indefinite continuation and simplification of its Closed Bank Loan Incentive Program (CLIP) which is now CLIP 4.0, a move aimed at delivering faster, clearer, and more accessible relief to borrowers of closed banks starting January 1, 2026.
State deposit insurer Philippine Deposit Insurance Corporation (PDIC) promptly paid P106.9 million in deposit insurance claims in 2025, delivering timely relief to depositors of two banks ordered closed by the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) during the year.
Insurance Industry Reinforces Critical Role in Protecting Filipino Families and Businesses in 20252/17/2026 Year-end data from the Insurance Commission shows that the life insurance industry paid out P121.88 billion in benefits, while the non-life insurance industry paid out P34.05 billion, underscoring the industry's growing importance as a financial safety net amid economic uncertainties.
The Cybercrime Investigation and Coordinating Center (CICC) is issuing an urgent warning to the public regarding a sophisticated spoofing scheme targeting users of the eGov PH mobile application. The alert follows a viral report of a “calling modus” that resulted in a victim losing more than P100,000 in savings.
Pag-IBIG Fund members collectively saved a record P160.41 billion in 2025, marking a 21% increase from the previous year and the highest amount ever recorded in the agency’s history.
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