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Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1534720
                    [Title] => Deposit insurance fund up to P120 B this year
                    [Summary] => 

Less bank closures this year pushed up the deposit insurance fund (DIF) used by the government to cover deposit claims on shuttered lenders, the Philippine Deposit Insurance Corp. (PDIC) said.

[DatePublished] => 2015-12-20 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140820/Bank-generic-sing-4.jpg ) [1] => Array ( [ArticleID] => 1324628 [Title] => PDIC backs bill amending its charter [Summary] =>

The Philippine Deposit Insurance Corp. gave its support for the recent bill filed in Congress amending the state deposit insurer’s charter.

[DatePublished] => 2014-05-19 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 964912 [Title] => Gov’t eyeing to sell over 70 percent of UCPB shares [Summary] =>

The administration is eyeing to sell more than 70 percent of United Coconut Planters Bank (UCPB) shares that the Supreme Court (SC) has  declared as government-owned.

[DatePublished] => 2013-07-13 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 931416 [Title] => BSP approves Exportbank liquidation [Summary] =>

The central bank has given its go-signal to the planned liquidation of the shuttered Export and Industry Bank (Exportbank), following two failed auctions, the Philippine Deposit Insurance Corp. (PDIC) said yesterday.

[DatePublished] => 2013-04-17 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 931378 [Title] => BSP OKs liquidation of ExportBank [Summary] =>

The central bank has given its go-signal to the planned liquidation of the shuttered Export and Industry Bank (Exportbank), following two failed auctions, the state deposit insurer said on Tuesday.

[DatePublished] => 2013-04-16 16:43:46 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 903767 [Title] => PDIC taking more time to decide on EIB fate [Summary] =>

State-run Philippine Deposit Insurance Corp. (PDIC) has extended anew to March 25 the period within which to determine if Export and Import Bank Inc. (EIB) would be undergo rehabilitation or liquidation, a PDIC official said.

[DatePublished] => 2013-02-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 901452 [Title] => BF creditors to wait longer for payments [Summary] =>

Creditors of the shuttered Banco Filipino Savings and Mortgage Bank are likely to wait longer for payment as government efforts to dispose all the bank’s assets move at a slow pace.

[DatePublished] => 2013-01-27 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 889032 [Title] => Landbank ready to service deposit claims in closed banks [Summary] =>

Depositors of shuttered banks may now get their claims at any branch of the Land Bank of the Philippines after the latter signed an agreement with the Philippine Deposit Insurance Corp. (PDIC), the state deposit insurer said.

[DatePublished] => 2012-12-23 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 868283 [Title] => PDIC won’t complete auctionof Export & Industry Bank this year [Summary] =>

The Philippine Deposit Insurance Corp. (PDIC) will not be able to complete the auction of shuttered Export and Industry Bank this year, the state agency’s chief said.

[DatePublished] => 2012-11-19 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 819289 [Title] => Exportbank bidding fails [Summary] => [DatePublished] => 2012-10-18 16:14:58 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
October 18, 2012 - 4:14pm
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