PHL deposit insurance levels at international standards even after remittance of idle funds to BTr

The country’s deposit insurance levels are consistent with international standards even after the Philippine Deposit Insurance Corp. (PDIC) remitted its idle funds to the Bureau of the Treasury (BTr) in support of government-wide efforts to boost the economy by funding the national government’s priority projects. “We assure the public that after the remittance, the Deposit […]

PHL deposit insurance levels at international standards even after remittance of idle funds to BTr
The country’s deposit insurance levels are consistent with international standards even after the Philippine Deposit Insurance Corp. (PDIC) remitted its idle funds to the Bureau of the Treasury (BTr) in support of government-wide efforts to boost the economy by funding the national government’s priority projects. “We assure the public that after the remittance, the Deposit […]