ArchivesDecember 2010PDIC reminds depositors to file insurance claims

PDIC reminds depositors to file insurance claims

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The Philippine Deposit Insurance Corp. announced that the filing of deposit insurance claims for banks that closed in December 2008, including the 12 Legacy-affiliated banks, will prescribe in various dates in December 2010.{{more}}

The prescriptive date is the last day for filing deposit insurance claims. After this date, a depositor can no longer file a claim against PDIC as insurer. Any subsequent claims from depositors will become claims against the assets of the closed bank.

The 12 Legacy Banks are: Nation Bank Inc. in Negros Occidental, RB of DARBCI in South Cotabato, RB of Carmen Inc. in Cebu, Dynamic RB in Batangas, San Pablo Development Bank in Laguna, Bank of East Asia in Cebu City, First Interstate Bank in Leyte, Philippine Countryside RB in Cebu City, RB of San Jose in Batangas, Pilipino RB Inc. in Cebu City, RB of Bais Inc. in Negros Orienta,l and RB of Paranaque Inc.

The non-Legacy banks are: RB of Nueva Caceres, Bicol Development Bank, RB of Polangui, and RB of Subangdaku.

The PDIC also disclosed that Depositor’s Forums will be conducted to explain the claims filing procedure and distribute claim forms. For Dumaguete RB Subangdaku, Pilipino RB, and RB Bais, at the Marian Priest Center Function Hall of Dumaguete Cathedral on Dec. 6 starting at 10 am.
PDIC informed depositors that claim forms are also available during the terminal claims receiving operations.

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