Philippine Deposit Insurance Corporation
E742241
The Philippine Deposit Insurance Corporation is a government-owned institution that protects bank depositors by providing deposit insurance and helping maintain stability and confidence in the Philippine banking system.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Philippine Deposit Insurance Corporation canonical | 2 |
Statements (42)
| Predicate | Object |
|---|---|
| instanceOf |
deposit insurance agency
ⓘ
government-owned and controlled corporation ⓘ |
| abbreviation | PDIC NERFINISHED ⓘ |
| collaboratesWith |
Bangko Sentral ng Pilipinas
NERFINISHED
ⓘ
Department of Finance of the Philippines NERFINISHED ⓘ |
| country | Philippines ⓘ |
| covers | eligible deposits in Philippine banks ⓘ |
| function |
act as receiver of closed banks
ⓘ
conduct bank examinations in coordination with regulators ⓘ liquidate assets of closed banks ⓘ pay deposit insurance in case of bank closures ⓘ |
| fundingSource |
insurance assessments from member banks
ⓘ
investment income ⓘ recoveries from closed banks ⓘ |
| goal |
contribute to financial system stability
ⓘ
protect small depositors ⓘ |
| hasHeadquartersLocation |
Makati City
NERFINISHED
ⓘ
Metro Manila NERFINISHED ⓘ |
| hasMotto |
Depositor: Protected
ⓘ
Member: PDIC ⓘ |
| hasOfficialLanguage |
English
ⓘ
Filipino NERFINISHED ⓘ |
| industry |
deposit insurance
ⓘ
financial services ⓘ |
| jurisdiction | Republic of the Philippines NERFINISHED ⓘ |
| legalForm | government-owned and controlled corporation ⓘ |
| locatedInTimeZone | Philippine Standard Time NERFINISHED ⓘ |
| overseenBy | Department of Finance of the Philippines NERFINISHED ⓘ |
| parentOrganization | Government of the Philippines NERFINISHED ⓘ |
| protects | depositors of member banks ⓘ |
| purpose |
help maintain stability in the Philippine banking system
ⓘ
promote public confidence in the banking system ⓘ protect bank depositors ⓘ provide deposit insurance ⓘ |
| regulates | deposit insurance coverage for member banks ⓘ |
| regulatoryFramework | Philippine banking laws ⓘ |
| sector | public sector ⓘ |
| serviceArea | Philippines NERFINISHED ⓘ |
| shortName | PDIC NERFINISHED ⓘ |
| subjectTo | Philippine laws and regulations ⓘ |
| typeOfOrganization | non-stock corporation ⓘ |
| website | https://www.pdic.gov.ph ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Department of Finance (Philippines)