Search results
Results From The WOW.Com Content Network
The Philippine Deposit Insurance Corporation (Filipino: Korporasyon ng Pilipinas sa Seguro ng Deposito, [1] abbreviated as PDIC) is a Philippine government-run deposit insurance fund. It was established on June 22, 1963, by Republic Act 3591. It guarantees deposits up to ₱500,000. [2]
In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", [1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
Deposit insurance or deposit protection is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due. Deposit insurance systems are one component of a financial system safety net that promotes financial stability.
Starting your own business requires a significant investment of both time and money. Millions of people continue to step up to the challenge with 33 million small businesses active in the U.S. as ...
Business. Fitness. Food. Games. Health. Home & Garden. ... The standard deposit insurance coverage limit, ... For example, if you have $250,000 in deposits at Bank A and $250,000 in deposits at ...
The FDIC’s Electronic Deposit Insurance Estimator can help you figure out how much of your bank deposits are insured. The FDIC also has a phone number you can call: 877-ASK-FDIC (877-275-3342). 2.
Insurance company [79] [80] April 27, 2012: Exportbank: Philippine Deposit Insurance Corporation: Commercial bank $ 18,000,000 (₱750,000,000) May 25, 2012: Bankia: Government of Spain: Savings and loan association € 1.9 × 10 ^ 10: June 11, 2012: FGIC: New York State Insurance Department: Insurance company [81] June 30, 2012: Western German ...
The FDIC on Monday outlined three possibilities for the future of deposit insurance, recommending to Congress new rules tailored to increase insured limits for some business accounts.