Private company

Philippine Deposit Insurance Corporation

Logo: Philippine Deposit Insurance Corporation, Public domain, via Wikimedia Commons3

Government-run deposit insurance fund

The Philippine Deposit Insurance Corporation (PDIC; Filipino: Korporasyon ng Pilipinas sa Seguro ng Deposito) is a Philippine government-owned and controlled corporation providing deposit insurance to depositors in Philippine banks, such as commercial banks, savings banks, mortgage banks, stock savings and loan associations, development banks, cooperative banks, rural banks, and domestic branches of foreign banks. It was established on June 22, 1963 by virtue of Republic Act No.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jun 22, 1963Founded1

The Philippine Deposit Insurance Corporation (PDIC; Filipino: Korporasyon ng Pilipinas sa Seguro ng Deposito) is a Philippine government-owned and controlled corporation providing deposit insurance to depositors in Philippine banks, such as commercial banks, savings banks, mortgage banks, stock savings and loan associations, development banks, cooperative banks, rural banks, and domestic branches of foreign banks. It was established on June 22, 1963 by virtue of Republic Act No.2

Timeline

  1. Jun 22, 1963Founded Founded1