The Bangko Sentral ng Pilipinas has pledged to take necessary policy actions to bring inflation …
Read More »PDIC hits 2025 target for bank asset plans
The Philippine Deposit Insurance Corporation said last week it completed the filing of 46 asset distribution plans (ADPs) with liquidation courts nationwide last year, meeting its full-year goal and speeding up payouts to creditors of closed banks. The filings include 20 final ADPs and 26 partial ADPs, each detailing how bank assets will be allocated based on their estimated realizable …
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