Campos authored House Bill No. 5812, seeking to increase the MDIC in the 18th Congress, which lapsed into law as RA 11840 in July 2022, as an amendment to the PDIC charter. According to Campos ...

Campos explained that Congress had been periodically increasing the MDIC since 1963, until it passed Republic Act (RA) 11840, or the new PDIC charter, in 2022. The new law granted the PDIC’s ...

MANILA, Philippines — The Philippine Deposit Insurance Corp. (PDIC) will review the maximum deposit insurance coverage (MDIC) every three years, with the next evaluation set for 2028 ...