October 26, 2016 7:45 AM ET

Diversified Financial Services

Company Overview of Philippine Deposit Insurance Corporation

Company Overview

Philippine Deposit Insurance Corporation is a government organization that insures deposits of the banks. The organization assesses, examines, supervises, and co-regulates banks; liquidates closed banks; and publishes reports on bank deposits. It operates Deposit Insurance Fund, a fund insuring deposits of the banks in the event of a bank closure. The organization also offers physical and online publications for information on bank deposit insurance and financial stability topics; and addresses complaints of bank depositors. Philippine Deposit Insurance Corporation was founded in 1963 and is based in Makati, the Philippines.

4th - 10th Floor

SSS Building

6782 Ayala Avenue Corner

V.A. Rufino Street

Makati,  1226


Founded in 1963


63 2 841 4000


63 2 817 3566

Key Executives for Philippine Deposit Insurance Corporation

Chief Executive Officer, Vice Chairman and Director
Age: 67
Senior Vice President and General Counsel
Executive Vice President of Examination and Resolution Sector
Age: 66
Senior Vice President of Deposit Insurance Sector
Compensation as of Fiscal Year 2016.

Philippine Deposit Insurance Corporation Key Developments

Bangko Sentral, Philippine Deposit Insurance And Land Bank Seeks Merger Of Rural Banks

Bangko Sentral Ng Pilipinas, Philippine Deposit Insurance Corporation and Land Bank of the Philippines seeks the merger of a group of at least five rural banks extending legal, technical, and financial aid as they form one entity that would be of good financial footing.

PDIC Seeks Assets Sale

Philippine Deposit Insurance Corporation through its Real & Other Properties Acquired (ROPA) Disposal Committee, is seeking to sell 133 assets acquired by the Corporation and owned by closed banks with an aggregate minimum disposal value of PHP65.58 million through a sealed bidding on October 25, 2016.

Government Fails To Sell GSIS Family Bank

Philippine Deposit Insurance Corporation fresh attempt to sell the state-run GSIS Family Bank failed anew as no buyers pursued the bidding process, the head of the Philippine Deposit Insurance Corp. said. Plan to sell did not push through as not one of at least six prospective buyers took the next step to rehabilitate GSIS Family Bank.

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Philippine Deposit Insurance Corporation, please visit www.pdic.gov.ph. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.