PDIC meaning in Business ?

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Answer:

What is Philippine Deposit Insurance Corporation mean?

The Philippine Deposit Insurance Corporation (Filipino: Korporasyon ng Segurong Deposito ng Pilipinas, abbreviated as PDIC) is a government-run Philippine deposit insurance fund. It was established on June 22, 1963 by Republic Act 3591. It guarantees deposits up to P500,000. Primary Functions of PDIC is to protect the small investors/depositors and to build a strong banking confidence.

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Posted on 01 Nov 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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