The corporation of Insurance Deposits of the Philippines

The Corporation of Insurance Deposits of the Philippines (PDIC) (Filipino: Philippine Deposit Insurance Corporation) is a corporation owned by the government established in June under Republic Act Nos. It also has free financial financial that connects to the Department of Finance of the Philippines. was amended by Republic Act Nos. and extended it the power of the PDIC when it comes to management and regulatory to include the independent examination of banks. Also made by law the PDIC as forced tagapagtanggap — tagapaglikida of banks closed by the Monetary Board. Moreover, the power to provide financial assistance to banks threatened