State-run Philippine Deposit Insurance Corp. (PDIC) recognized 38 institutions in government and the private sector for being key partners in promoting the state deposit insurer’s mandates and advocacies as a culminating event for its 60th founding anniversary.
The PDIC’s first Stakeholders’ Appreciation Night was held at the Philippine International Convention Center in Pasay City on June 20, 2024.
It paid tribute to 16 partner-organizations that collaborated with the PDIC, through the years, to contribute to institutional strengthening, regional cooperation and benchmarking of global best practices; 13 partner-agencies that actively promoted the state deposit insurer’s advocacies and corporate social responsibility initiatives; and nine oversight agencies and government partners whose support was vital in the promotion of governance and the PDIC’s key public service initiatives.
Bangko Sentral ng Pilipinas (BSP) Governor and PDIC Board chairman Eli Remolona, Jr. highlighted the important role of collaboration and partnerships to a stable and sound banking system.
“The PDIC’s relationships have been crucial to the organization’s success. We work very closely together and try hard to maintain the stability and resilience of the Philippine banking system. Together, we are stronger in facing the challenges ahead,” said Remolona.
PDIC president and chief executive Roberto Tan expressed optimism for more sustained partnerships with key financial safety net players, stakeholders and institutional partners in government and the private sector through strengthened coordination and communication.
“We will ensure that the trust you have given PDIC and which we have established and earned through time – through partnerships and collaboration — will endure and will redound to more benefit to the depositing public,” Tan said.