Philippine Deposit Insurance Corporation

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The Philippine Deposit Insurance Corporation (Filipino: Korporasyon ng Segurong Deposito ng Pilipinas, abbreviated as PDIC) is a government-run Philippine deposit insurance fund. It was established on June 22, 1963 by Republic Act 3591. It guarantees deposits up to P500,000.[1] Primary Functions of PDIC (Philippine Deposit Insurance Corporation) is to protect the small investors and depositors; and to build a strong banking confidence.

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  1. ^ [1]"GMA signs law raising deposit insurance to P.5 million"

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