Republic of the Philippines - Stamps & Postal History

RP Issues of 2023

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2023, June 23.  Philippine Deposit Insurance Corporation (PDIC) - 60th Anniversary

Litho Offset, Amstar Printing Company, Inc.,  Perf 14

Singles, Sheets of 40

 

            

16p - PDIC 60th Anniversary Logo  -  40,000

 

 

First Day Covers:  Manila

 

        

        


Philippine Deposit Insurance Corporation (PDIC) -  60th Anniversary

“60 Years of Championing Depositor Protection and Fostering Financial Stability”

The Philippine Deposit Insurance Corporation (PDIC) was established on June 22, 1963, by Republic Act 3591 to provide depositor protection and help maintain stability in the financial system by providing deposit insurance. Effective June 1, 2009, the maximum deposit insurance coverage is P500,000 per depositor. All deposit accounts of a depositor in a closed bank maintained in the same right and capacity shall be added together. A joint account shall be insured separately from any individually owned deposit account.

PDIC Charter and has been championing depositor protection for the past six decades. The Corporation has remained steadfast and committed to raise the bar of public service excellence through the years, including being recognized by the International Association of Deposit Insurers (IADI) as the Deposit Insurance Organization of the Year in 2013.


 

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Articles by Dr. Ngo Tiong Tak

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Issues of 2023