The Philippine Deposit Insurance Corporation (PDIC) has announced that the maximum deposit insurance coverage has been doubled. The announcement was made by the PDIC via their website. This change is in alignment with Republic Act 3591 or the PDIC Charter. The PDIC’s decision also comes from a recent order from the Department of Finance and PhilHealth. The transfer of funds from the PDIC and PhilHealth have been widely criticized. Read more in our articles including "PDIC deposit insurance doubled to 1 million" and "BIR opens Tax Payer Portal".
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Apr 2, 2026The Philippine Deposit Insurance Corporation (PDIC) has announced that the maximum deposit insurance coverage has been doubled. The announcement was made by the PDIC via their website.
This change is in alignment with Republic Act 3591 or the PDIC Charter. The PDIC’s decision also comes from a recent order from the Department of Finance and PhilHealth. The transfer of funds from the PDIC and PhilHealth have been widely criticized.
Our coverage of PDIC includes: "PDIC deposit insurance doubled to 1 million"; "BIR opens Tax Payer Portal"; "DTI retracts plan to require permit when running online ads and promos". Each article provides unique insights and information.