PDIC to pay deposit claims in 2 closed rural banks (Philippine Star) | Lao Tribune

PDIC to pay deposit claims in 2 closed rural banks (Philippine Star)

MANILA, Philippines – State-run Philippine Deposit Insurance Corp. (PDIC) is set to start servicing the insurance claims of depositors of two rural banks ordered closed recently by the Bangko Sentral ng Pilipinas (BSP). The deposit insurer is set to pay the claims of depositors of the Peaafrancia Rural Bank of Calabanga Inc. and Rural Bank of…