PDIC UPDATE: New Maximum Deposit Insurance Coverage (MDIC)
The Philippine Deposit Insurance Corporation (PDIC) has raised the Maximum Deposit Insurance Coverage from ₱500,000 to ₱1,000,000 per depositor, per bank, effective March 15, 2025.
For more information about the updated MDIC, visit https://www.pdic.gov.ph/MDIC.
Source: PDIC Facebook Page
