Lessons for Depositors from the Banco Filipino Collapse
The Banco Filipino closure can give lessons and reminders to all Philippine depositors about where and how to handle their savings accounts, time deposits and checking accounts.
Tag: PDIC
Maximum Bank Deposit Insurance Increased to 500,000 Pesos
Starting June 1, 2009, the maximum deposit insurance coverage for bank deposits will be 500,000 pesos. Info related to the deposit insurance: The increase will apply only to deposits …