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PDIC studies hike in bank deposit protection

By Inquirer - 9 months ago
MANILA, Philippines  —Philippine Deposit Insurance Corp. (PDIC) is studying the possibility of beefing up protection for bank deposits, a move that, a senior official said, must be complemented with measures that would improve banks’ discipline when making investment decisions. At an event in Manila on Tuesday, PDIC president and CEO Roberto Tan said his agency

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