Senators want higher bank deposit insurance
Senators Edgardo Angara, Manuel Roxas II and Francis Escudero are pushing for an increase in the maximum bankdeposit insurance from 250,000 to 500,000 pesos by the Philippine Deposit Insurance Corp. (PDIC).
This is to to help strengthen and restore confidence in the country’s banking system, three senators are pushing for an increase in the maximum deposit insurance from P250,000 to P500,000.
The said bill seeks to strengthen the very foundation of the banking system and continue to foster confidence among investors and depositors. The Philippine Deposit Insurance Co. (PDIC) supports the proposal, which projects a 97.2-percent coverage of all deposit accounts in the banking system compared to 95.1 percent in the present maximum coverage.
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October 20th, 2008 at 2:05 pm
una ako, hahhaa, i agree that
October 20th, 2008 at 3:35 pm
para sa mayayaman lang yan, pano na kaming nagswesweldo lang ng 15 thousand a month na walang mailagay sa bangko?!
October 20th, 2008 at 3:51 pm
puros kayo insurance. dapat ayusin ninyo ang banking system especially laban against money laundering…kaya yumayaman ang mga corrupt at magnanakaw dahil sa pagtatago nila ng mga milyones nila sa mga bangko na yan.
October 20th, 2008 at 11:36 pm
Bansk are manipulating our economy and the events of the world, watch Money masters….i dont trust banks..
October 21st, 2008 at 8:58 am
Good move lalo ngayong may financial crisis para di mapraning ang mga taong may pera sa bangko.