The Philippine Deposit Insurance Corp (PDIC) said it recognized the important role of rural banks in community empowerment and financial inclusion.
Speaking at the Confederation of Central Luzon Rural Banks (CCLRB) Annual Management Conference in Clark, Pampanga on March 6, 2025, which had the theme “Rural Banks: Empowering Communities Through Financial Innovation,” PDIC vice president Niño Ray Villaluna cited the importance of good governance and financial innovation.
He assured rural banks of the PDIC’s commitment to financial stability by strengthening banks and ensuring crisis readiness.
The PDIC announced a partnership with the Rural Bankers Research and Development Foundation Inc. and its intention to forge further alliances with bank groups to implement institutional strengthening through capacity building.