PDIC Flashcards
1
Q
PDIC stands for
A
Philippine Deposit Insurance Corporation
2
Q
Republic Act No. 3591
A
The PDIC Act
3
Q
Republic Act No. 10846
A
The PDIC Act with ammendments
4
Q
A government instrumentality created in 1963 by vietue og Republic Act No. 3591 to ensure the deposits of all banks
A
PDIC (Philippine Deposit Insurance Corporation)
5
Q
Salient Provisions of PDIC
A
- Quicker access to insured deposits
- Enhanced early intervention
- Credit recovery options
- Removal of 90-day receivership