Tuesday, May 19, 2026
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Tag: PDIC

PDIC auctions P1.7-b assets

STATE-RUN Philippine Deposit Insurance Corp. will put on the auction block over a hundred assets with a total value of P1.7 billion on May...

Cavite bank clients get insurance

The Philippine Deposit Insurance Corp. announced that deposit insurance claims from clients of the closed Rural Bank of Amadeo (Cavite), Inc. may be filed...

PDIC invites investors in rehabilitating GSIS Family Bank

STATE-RUN Philippine Deposit Insurance Corp., receiver of closed banks, invited interested investors to participate in the pre-qualification process for the rehabilitation of GSIS Family...

MB closes down GSIS Family Bank; PDIC takes over

THE Monetary Board, the policy-making body of Bangko Sentral ng Pilipinas, placed the 22-unit GSIS Family Bank (A Thrift Bank) under the custody of...

Garnishment against LBC lifted

A Makati regional trial court lifted the garnishment order against LBC Group of the Araneta family, after the defendants delivered a counter-bond for the...

LBC Group appeals PDIC’s garnishment

The LBC Group of the Araneta family appealed the P1.8-billion collection case filed by government-owned Philippine Deposit Insurance Corp. after the Makati court garnished...

Court sheriff begins to garnish LBC assets

A Makati court sheriff garnished six bank accounts of courier company LBC Express Inc. in a bid to collect P1.8 billion from the LBC...

PDIC sues LBC Group, seeks P1.8-b payment

State-run Philippine Deposit Insurance Corp. is seeking a P1.8-billion payment from the LBC Group of the Araneta family following the closure of LBC Development...
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