It is known that access to financial education is far from universal in the Philippines. A survey by the Bangko Sentral ng Pilipinas highlighted the gravity of the issue, with only 1 percent of surveyed Filipino adults providing correct answers to financial literacy questions. This concerning statistic can be attributed…
DAVAO CITY The Philippine Deposit Insurance Corporation (PDIC) sought the support of the Department of Finance (DOF) to its new corporate thrusts that include risk assessments to test PDIC resilience and enhance its stability as a state deposit insurer. Last week members of the PDIC Board paid a courtesy visit to…
To provide financial relief to closed bank borrowers and hasten the liquidation of closed banks' loan portfolios, the Philippine Deposit Insurance Corporation