SlideShare ist ein Scribd-Unternehmen logo
1 von 38
PDIC Depositor Awareness Program  for Overseas Filipino Workers Understanding Deposit Insurance Ms. Maria Leonida Fres-Felix Vice President Communication and Stakeholder Relations Group Philippine Deposit Insurance Corporation
“ A good provider is one who leaves…” New York Times Magazine April 22, 2007
 
‘ Italian Village’
Some OFW deployment statistical data ,[object Object],[object Object]
Economic impact of Philippine labor exports ,[object Object],[object Object],[object Object]
Remittance allocation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Remittance allocation
Remittance flow ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Remittance channels 69% of the respondents in the nationwide NSO Survey on Overseas Filipinos in 2005 regularly send remittances through banks or other regulated channels. Mode % of Total Cash 92 Formal (banks & non-banks)   69  Informal channels     23  Non-cash   8 Source: 2005 NSO Survey on Overseas Filipinos
Gov’t agencies concerned with OFWs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Gov’t agencies concerned with OFWs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PDIC signages
Corporate profile Philippine Deposit Insurance Corporation ,[object Object],[object Object]
To protect depositors and help strengthen public confidence in the stability of the banking system. Corporate mandate
1963 -  P 10,000 1978 -  15,000 1984 -  40,000 1992 -  100,000 2004 -  250,000 MDIC increases
PDIC Profile       Other DIs   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],PDIC member banks PDIC has 862 member banks. As of December 2006: Deposit Insurer No. of Employees Functions Member Institutions Total Insured Deposits/ or Total # Insured Accounts Total Assets of Banks   PDIC       559  (as of September 30, 2006)   Deposit insurance premium collection; failure resolution through extending of loans, purchase of assets, assumption of liabilities, or putting deposits in the bank; mandatory receiver of closed banks; liquidation of closed bank’s assets; settlement of deposit insurance claims   871  (as of June 2006)   29,090,705/ 3,212,090   P4517.98B
[object Object],[object Object],Upper Row, from left to right: PDIC President and CEO Ricardo M. Tan (Vice-Chairman); Finance Secretary Margarito B. Teves (Chairman); BSP Governor Amando M. Tetangco, Jr. (Director);  Lower Row, from left to right: BSP Deputy Governor Nestor A. Espenilla, Jr. (Alternate Director); Director Carmen De Venecia-Lim; Director Ruben D. Almendras;  and Finance Undersecretary Gabriel R. Singson, Jr. Acting President Michael A. Osmeña Corporate profile
PDIC Profile       Other DIs   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Functions Deposit Insurer No. of Employees Functions Member Institutions Total Insured Deposits/ or Total # Insured Accounts Total Assets of Banks   PDIC       559  (as of September 30, 2006)   Deposit insurance premium collection; failure resolution through extending of loans, purchase of assets, assumption of liabilities, or putting deposits in the bank; mandatory receiver of closed banks; liquidation of closed bank’s assets; settlement of deposit insurance claims   871  (as of June 2006)   29,090,705/ 3,212,090   P4517.98B
[object Object],[object Object],[object Object],[object Object],Functions
Functions ,[object Object],[object Object],Insured deposit means the amount due to any depositor net of any obligation of the depositor to the bank as of date of closure.
[object Object],[object Object],[object Object],[object Object],[object Object],Functions
NOTE:  PDIC has to determine that the costs of actual payout and liquidation of the banks in danger of closing will be more expensive than the grant of financial assistance. Functions ,[object Object],[object Object],[object Object],[object Object]
Functions ,[object Object],[object Object],[object Object],[object Object]
Functions ,[object Object],[object Object],The revised PDIC CHARTER authorizes the Corporation  to investigate banks for suspected anomalous and fraudulent actions detrimental to the depositing public.
PDIC Profile       Other DIs   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Functions Deposit Insurer No. of Employees Functions Member Institutions Total Insured Deposits/ or Total # Insured Accounts Total Assets of Banks   PDIC       559  (as of September 30, 2006)   Deposit insurance premium collection; failure resolution through extending of loans, purchase of assets, assumption of liabilities, or putting deposits in the bank; mandatory receiver of closed banks; liquidation of closed bank’s assets; settlement of deposit insurance claims   871  (as of June 2006)   29,090,705/ 3,212,090   P4517.98B
MDIC under Section 4(g) of RA 9302 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Claims settlement ,[object Object],[object Object],[object Object],[object Object],[object Object]
The computation will be as follows: Claims settlement * Excess after consolidating Jose’s shares in the three joint accounts under his name.
The computation will be as follows: Claims settlement * Excess after consolidating Jose’s shares in the three joint accounts under his name.
[object Object],[object Object],[object Object],[object Object],Depositor Protection
Depositor Protection ,[object Object],[object Object],[object Object],[object Object]
Depositor Protection ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Depositor protection
Information and education activities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Information and education activities ,[object Object]
“ The depositor’s vigilance in trying to get as much information about his bank and the banking industry is  still the best protection against loss of his deposit.” Vigilance is the best defense.
MARAMING SALAMAT!

Weitere ähnliche Inhalte

Was ist angesagt?

Anti Money Laundering Act - Philippines
Anti Money Laundering Act - PhilippinesAnti Money Laundering Act - Philippines
Anti Money Laundering Act - PhilippinesNikki Enriquez
 
Financial Structure and Monetary Policy in the Philippines
Financial Structure and Monetary Policy in the PhilippinesFinancial Structure and Monetary Policy in the Philippines
Financial Structure and Monetary Policy in the PhilippinesJo Balucanag - Bitonio
 
Chapter 3 Financial Instruments Financial Markets and Financial Institutions
Chapter 3 Financial Instruments Financial Markets and Financial InstitutionsChapter 3 Financial Instruments Financial Markets and Financial Institutions
Chapter 3 Financial Instruments Financial Markets and Financial InstitutionsDr. John V. Padua
 
Business finance by lawrence mandocdoc
Business finance by lawrence mandocdocBusiness finance by lawrence mandocdoc
Business finance by lawrence mandocdocnicerence
 
Foreign currency transactions and financial instruments
Foreign currency transactions and financial instrumentsForeign currency transactions and financial instruments
Foreign currency transactions and financial instrumentsArthik Davianti
 
CREDIT AND COLLECTION.pptx
CREDIT AND COLLECTION.pptxCREDIT AND COLLECTION.pptx
CREDIT AND COLLECTION.pptxBEACARMONA2
 
Chapter 1 - Introduction to Money and the Financial System
Chapter 1 - Introduction to Money and the Financial SystemChapter 1 - Introduction to Money and the Financial System
Chapter 1 - Introduction to Money and the Financial SystemDr. John V. Padua
 
Money, central banking, and monetary policy
Money, central banking, and monetary policyMoney, central banking, and monetary policy
Money, central banking, and monetary policykamylle galo
 
Mishkin ch09 banking and the management of financial institutions
Mishkin ch09 banking and the management of financial institutionsMishkin ch09 banking and the management of financial institutions
Mishkin ch09 banking and the management of financial institutionshassan osman
 

Was ist angesagt? (20)

Anti Money Laundering Act - Philippines
Anti Money Laundering Act - PhilippinesAnti Money Laundering Act - Philippines
Anti Money Laundering Act - Philippines
 
Financial Structure and Monetary Policy in the Philippines
Financial Structure and Monetary Policy in the PhilippinesFinancial Structure and Monetary Policy in the Philippines
Financial Structure and Monetary Policy in the Philippines
 
Chapter 3 Financial Instruments Financial Markets and Financial Institutions
Chapter 3 Financial Instruments Financial Markets and Financial InstitutionsChapter 3 Financial Instruments Financial Markets and Financial Institutions
Chapter 3 Financial Instruments Financial Markets and Financial Institutions
 
Business finance by lawrence mandocdoc
Business finance by lawrence mandocdocBusiness finance by lawrence mandocdoc
Business finance by lawrence mandocdoc
 
Foreign currency transactions and financial instruments
Foreign currency transactions and financial instrumentsForeign currency transactions and financial instruments
Foreign currency transactions and financial instruments
 
Gold Standard
Gold StandardGold Standard
Gold Standard
 
Treasury management 1
Treasury management 1Treasury management 1
Treasury management 1
 
Pawnshop Chapter 7
Pawnshop Chapter 7Pawnshop Chapter 7
Pawnshop Chapter 7
 
Monetary policy
Monetary policyMonetary policy
Monetary policy
 
Credit and collection policies
Credit and collection policiesCredit and collection policies
Credit and collection policies
 
CREDIT AND COLLECTION.pptx
CREDIT AND COLLECTION.pptxCREDIT AND COLLECTION.pptx
CREDIT AND COLLECTION.pptx
 
Offshore banking units
Offshore banking unitsOffshore banking units
Offshore banking units
 
Chapter 1 - Introduction to Money and the Financial System
Chapter 1 - Introduction to Money and the Financial SystemChapter 1 - Introduction to Money and the Financial System
Chapter 1 - Introduction to Money and the Financial System
 
Money, central banking, and monetary policy
Money, central banking, and monetary policyMoney, central banking, and monetary policy
Money, central banking, and monetary policy
 
Topic 2 BSP.pptx
Topic 2 BSP.pptxTopic 2 BSP.pptx
Topic 2 BSP.pptx
 
Chapter 3
Chapter 3Chapter 3
Chapter 3
 
PPT- BSP ECon 151
PPT- BSP ECon 151PPT- BSP ECon 151
PPT- BSP ECon 151
 
International banking
International bankingInternational banking
International banking
 
Mishkin ch09 banking and the management of financial institutions
Mishkin ch09 banking and the management of financial institutionsMishkin ch09 banking and the management of financial institutions
Mishkin ch09 banking and the management of financial institutions
 
Central bank
Central bankCentral bank
Central bank
 

Andere mochten auch

Filipino 9 Napatutunayan kung Makatotohanan o Di-Makatotohanan ang mga Pahayag
Filipino 9 Napatutunayan kung Makatotohanan o Di-Makatotohanan ang mga PahayagFilipino 9 Napatutunayan kung Makatotohanan o Di-Makatotohanan ang mga Pahayag
Filipino 9 Napatutunayan kung Makatotohanan o Di-Makatotohanan ang mga PahayagJuan Miguel Palero
 
Filipino 9 Mga Pahayag na Ginagamit sa Pagbibigay ng Opinyon at Mga Wastong G...
Filipino 9 Mga Pahayag na Ginagamit sa Pagbibigay ng Opinyon at Mga Wastong G...Filipino 9 Mga Pahayag na Ginagamit sa Pagbibigay ng Opinyon at Mga Wastong G...
Filipino 9 Mga Pahayag na Ginagamit sa Pagbibigay ng Opinyon at Mga Wastong G...Juan Miguel Palero
 
Pagsasaling wika
Pagsasaling wikaPagsasaling wika
Pagsasaling wikaAudrey Jana
 
PANDIWA: Kaganapan at Pokus
PANDIWA: Kaganapan at PokusPANDIWA: Kaganapan at Pokus
PANDIWA: Kaganapan at PokusMerland Mabait
 
Ap 4 ibat-ibang uri ng likas na yaman
Ap 4  ibat-ibang uri ng likas na yamanAp 4  ibat-ibang uri ng likas na yaman
Ap 4 ibat-ibang uri ng likas na yamanDexter Rala
 
Pagkilala sa mga opinyon o katotohanan
Pagkilala sa mga opinyon o katotohananPagkilala sa mga opinyon o katotohanan
Pagkilala sa mga opinyon o katotohananDivina Bumacas
 
Sektor ng paglilingkod
Sektor ng paglilingkodSektor ng paglilingkod
Sektor ng paglilingkodGesa Tuzon
 
Modyul 12 sektor ng agrikultuta, industriya at pangangalak
Modyul 12   sektor ng agrikultuta, industriya at pangangalakModyul 12   sektor ng agrikultuta, industriya at pangangalak
Modyul 12 sektor ng agrikultuta, industriya at pangangalakdionesioable
 

Andere mochten auch (14)

Filipino 9 Napatutunayan kung Makatotohanan o Di-Makatotohanan ang mga Pahayag
Filipino 9 Napatutunayan kung Makatotohanan o Di-Makatotohanan ang mga PahayagFilipino 9 Napatutunayan kung Makatotohanan o Di-Makatotohanan ang mga Pahayag
Filipino 9 Napatutunayan kung Makatotohanan o Di-Makatotohanan ang mga Pahayag
 
POKUS NG PANDIWA
POKUS NG PANDIWAPOKUS NG PANDIWA
POKUS NG PANDIWA
 
Fil 3a
Fil 3aFil 3a
Fil 3a
 
KOMUNIKASYON
KOMUNIKASYONKOMUNIKASYON
KOMUNIKASYON
 
Filipino 9 Mga Pahayag na Ginagamit sa Pagbibigay ng Opinyon at Mga Wastong G...
Filipino 9 Mga Pahayag na Ginagamit sa Pagbibigay ng Opinyon at Mga Wastong G...Filipino 9 Mga Pahayag na Ginagamit sa Pagbibigay ng Opinyon at Mga Wastong G...
Filipino 9 Mga Pahayag na Ginagamit sa Pagbibigay ng Opinyon at Mga Wastong G...
 
Pagsasaling wika
Pagsasaling wikaPagsasaling wika
Pagsasaling wika
 
PANDIWA: Kaganapan at Pokus
PANDIWA: Kaganapan at PokusPANDIWA: Kaganapan at Pokus
PANDIWA: Kaganapan at Pokus
 
Ap 4 ibat-ibang uri ng likas na yaman
Ap 4  ibat-ibang uri ng likas na yamanAp 4  ibat-ibang uri ng likas na yaman
Ap 4 ibat-ibang uri ng likas na yaman
 
Pagkilala sa mga opinyon o katotohanan
Pagkilala sa mga opinyon o katotohananPagkilala sa mga opinyon o katotohanan
Pagkilala sa mga opinyon o katotohanan
 
Akademikong Pagsulat
Akademikong PagsulatAkademikong Pagsulat
Akademikong Pagsulat
 
Mga Uri ng Tayutay
Mga Uri ng TayutayMga Uri ng Tayutay
Mga Uri ng Tayutay
 
Sektor ng paglilingkod
Sektor ng paglilingkodSektor ng paglilingkod
Sektor ng paglilingkod
 
Sektor ng agrikultura
Sektor ng agrikulturaSektor ng agrikultura
Sektor ng agrikultura
 
Modyul 12 sektor ng agrikultuta, industriya at pangangalak
Modyul 12   sektor ng agrikultuta, industriya at pangangalakModyul 12   sektor ng agrikultuta, industriya at pangangalak
Modyul 12 sektor ng agrikultuta, industriya at pangangalak
 

Ähnlich wie Understanding Deposit Insurance

AUDIT SPECIALIZED INDUSTRIES.pdf
AUDIT SPECIALIZED INDUSTRIES.pdfAUDIT SPECIALIZED INDUSTRIES.pdf
AUDIT SPECIALIZED INDUSTRIES.pdfCristelTannagan
 
AUDIT SPECIALIZED INDUSTRIES 2.pdf
AUDIT SPECIALIZED INDUSTRIES 2.pdfAUDIT SPECIALIZED INDUSTRIES 2.pdf
AUDIT SPECIALIZED INDUSTRIES 2.pdfCristelTannagan
 
Submitted Version of Proposal - Credit - CSCC.doc
Submitted Version of Proposal - Credit - CSCC.docSubmitted Version of Proposal - Credit - CSCC.doc
Submitted Version of Proposal - Credit - CSCC.docJinkyComon1
 
BlueOrchard Finance SA - Microfinance investments – strategies for triple-bot...
BlueOrchard Finance SA - Microfinance investments – strategies for triple-bot...BlueOrchard Finance SA - Microfinance investments – strategies for triple-bot...
BlueOrchard Finance SA - Microfinance investments – strategies for triple-bot...BlueOrchard Finance S.A.
 
BSP Circular 694 on the establishment of OBOs
BSP Circular 694 on the establishment of OBOsBSP Circular 694 on the establishment of OBOs
BSP Circular 694 on the establishment of OBOsMABSIV
 
Retail Bank Management
Retail Bank ManagementRetail Bank Management
Retail Bank Managementashapriyagoud
 
Get to know Investors Group
Get to know Investors GroupGet to know Investors Group
Get to know Investors GroupKevin Green
 
Qualifying Presentation
Qualifying PresentationQualifying Presentation
Qualifying PresentationSolomon Elbaz
 
Banking assignment
Banking assignmentBanking assignment
Banking assignmentyaseensaify
 
reviewerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
reviewerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrreviewerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
reviewerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrEiraStaMaria1
 
Final term paper emerging market finance (1)
Final term paper   emerging market finance (1)Final term paper   emerging market finance (1)
Final term paper emerging market finance (1)Lehana Singh
 
MEFIN_Microinsurance through Rural Banks
MEFIN_Microinsurance through Rural BanksMEFIN_Microinsurance through Rural Banks
MEFIN_Microinsurance through Rural BanksGhay Mapano
 
Formalization of Informal Insurance Activities - Kathmandu Nepal
Formalization of Informal Insurance Activities - Kathmandu NepalFormalization of Informal Insurance Activities - Kathmandu Nepal
Formalization of Informal Insurance Activities - Kathmandu NepalShayne Rose Bulos
 
Microcredit-Business-Plan-for-Cooperatives.pdf
Microcredit-Business-Plan-for-Cooperatives.pdfMicrocredit-Business-Plan-for-Cooperatives.pdf
Microcredit-Business-Plan-for-Cooperatives.pdfMoriba Touray
 

Ähnlich wie Understanding Deposit Insurance (20)

AUDIT SPECIALIZED INDUSTRIES.pdf
AUDIT SPECIALIZED INDUSTRIES.pdfAUDIT SPECIALIZED INDUSTRIES.pdf
AUDIT SPECIALIZED INDUSTRIES.pdf
 
AUDIT SPECIALIZED INDUSTRIES 2.pdf
AUDIT SPECIALIZED INDUSTRIES 2.pdfAUDIT SPECIALIZED INDUSTRIES 2.pdf
AUDIT SPECIALIZED INDUSTRIES 2.pdf
 
Submitted Version of Proposal - Credit - CSCC.doc
Submitted Version of Proposal - Credit - CSCC.docSubmitted Version of Proposal - Credit - CSCC.doc
Submitted Version of Proposal - Credit - CSCC.doc
 
INSURANCE-COMPANIES.pptx
INSURANCE-COMPANIES.pptxINSURANCE-COMPANIES.pptx
INSURANCE-COMPANIES.pptx
 
BlueOrchard Finance SA - Microfinance investments – strategies for triple-bot...
BlueOrchard Finance SA - Microfinance investments – strategies for triple-bot...BlueOrchard Finance SA - Microfinance investments – strategies for triple-bot...
BlueOrchard Finance SA - Microfinance investments – strategies for triple-bot...
 
NDIC
NDICNDIC
NDIC
 
BSP Circular 694 on the establishment of OBOs
BSP Circular 694 on the establishment of OBOsBSP Circular 694 on the establishment of OBOs
BSP Circular 694 on the establishment of OBOs
 
Retail Bank Management
Retail Bank ManagementRetail Bank Management
Retail Bank Management
 
Get to know Investors Group
Get to know Investors GroupGet to know Investors Group
Get to know Investors Group
 
Qualifying Presentation
Qualifying PresentationQualifying Presentation
Qualifying Presentation
 
Banking assignment
Banking assignmentBanking assignment
Banking assignment
 
Indian financial system
Indian financial systemIndian financial system
Indian financial system
 
reviewerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
reviewerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrreviewerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
reviewerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
 
Final term paper emerging market finance (1)
Final term paper   emerging market finance (1)Final term paper   emerging market finance (1)
Final term paper emerging market finance (1)
 
MEFIN_Microinsurance through Rural Banks
MEFIN_Microinsurance through Rural BanksMEFIN_Microinsurance through Rural Banks
MEFIN_Microinsurance through Rural Banks
 
Formalization of Informal Insurance Activities - Kathmandu Nepal
Formalization of Informal Insurance Activities - Kathmandu NepalFormalization of Informal Insurance Activities - Kathmandu Nepal
Formalization of Informal Insurance Activities - Kathmandu Nepal
 
Microcredit-Business-Plan-for-Cooperatives.pdf
Microcredit-Business-Plan-for-Cooperatives.pdfMicrocredit-Business-Plan-for-Cooperatives.pdf
Microcredit-Business-Plan-for-Cooperatives.pdf
 
Lecture 02.ppt
Lecture 02.pptLecture 02.ppt
Lecture 02.ppt
 
Project_on_UCO_Bank.pdf
Project_on_UCO_Bank.pdfProject_on_UCO_Bank.pdf
Project_on_UCO_Bank.pdf
 
iKnowAfrica Invoice Discounting
iKnowAfrica Invoice DiscountingiKnowAfrica Invoice Discounting
iKnowAfrica Invoice Discounting
 

Mehr von rexcris

Go green! go led go solar!
Go green! go led go solar!Go green! go led go solar!
Go green! go led go solar!rexcris
 
Insulated ring terminals
Insulated ring terminalsInsulated ring terminals
Insulated ring terminalsrexcris
 
CDA Citizens Charter
CDA Citizens CharterCDA Citizens Charter
CDA Citizens Charterrexcris
 
Creative eWriting for Basic Education-A Project Profile
Creative eWriting for Basic Education-A Project ProfileCreative eWriting for Basic Education-A Project Profile
Creative eWriting for Basic Education-A Project Profilerexcris
 
The eLearning Club as a Support Strategy in Technology Integration
The eLearning Club as a Support Strategy in Technology IntegrationThe eLearning Club as a Support Strategy in Technology Integration
The eLearning Club as a Support Strategy in Technology Integrationrexcris
 
ICT and Cooperative Learning-Reinventing the Classroom
ICT and Cooperative Learning-Reinventing the ClassroomICT and Cooperative Learning-Reinventing the Classroom
ICT and Cooperative Learning-Reinventing the Classroomrexcris
 
ICT And Cooperative Learning Reinventing The Classroom
ICT And Cooperative Learning   Reinventing The ClassroomICT And Cooperative Learning   Reinventing The Classroom
ICT And Cooperative Learning Reinventing The Classroomrexcris
 
Issues and Prospects in ICT in Education in Continuing Teacher Professional D...
Issues and Prospects in ICT in Education in Continuing Teacher Professional D...Issues and Prospects in ICT in Education in Continuing Teacher Professional D...
Issues and Prospects in ICT in Education in Continuing Teacher Professional D...rexcris
 
Issues and Prospects in Pre-Service Teacher Education
Issues and Prospects in Pre-Service Teacher EducationIssues and Prospects in Pre-Service Teacher Education
Issues and Prospects in Pre-Service Teacher Educationrexcris
 
Status of ICTs in Philippine Basic Education
Status of ICTs in Philippine Basic EducationStatus of ICTs in Philippine Basic Education
Status of ICTs in Philippine Basic Educationrexcris
 
ICTs in the Classroom-Why Use Them
ICTs in the Classroom-Why Use ThemICTs in the Classroom-Why Use Them
ICTs in the Classroom-Why Use Themrexcris
 
Happy Christmas (War is Over)
Happy Christmas (War is Over)Happy Christmas (War is Over)
Happy Christmas (War is Over)rexcris
 
Best Practices on the Practice of Overhead
Best Practices on the Practice of OverheadBest Practices on the Practice of Overhead
Best Practices on the Practice of Overheadrexcris
 
A Local Take on Rich Dad, Poor Dad
A Local Take on Rich Dad, Poor DadA Local Take on Rich Dad, Poor Dad
A Local Take on Rich Dad, Poor Dadrexcris
 
Activity-Based Costing
Activity-Based CostingActivity-Based Costing
Activity-Based Costingrexcris
 
Project Budget And Accounting (BOND)
Project Budget And Accounting (BOND)Project Budget And Accounting (BOND)
Project Budget And Accounting (BOND)rexcris
 
Beginners Guide To Logical Framework Approach (BOND)
Beginners Guide To Logical Framework Approach (BOND)Beginners Guide To Logical Framework Approach (BOND)
Beginners Guide To Logical Framework Approach (BOND)rexcris
 
PCM - Project Cycle Management, Training on Evaluation
PCM - Project Cycle Management, Training on EvaluationPCM - Project Cycle Management, Training on Evaluation
PCM - Project Cycle Management, Training on Evaluationrexcris
 
ROPMS - Results-Oriented Project Management System
ROPMS - Results-Oriented Project Management SystemROPMS - Results-Oriented Project Management System
ROPMS - Results-Oriented Project Management Systemrexcris
 
Logical Framework And Project Proposal
Logical Framework And Project ProposalLogical Framework And Project Proposal
Logical Framework And Project Proposalrexcris
 

Mehr von rexcris (20)

Go green! go led go solar!
Go green! go led go solar!Go green! go led go solar!
Go green! go led go solar!
 
Insulated ring terminals
Insulated ring terminalsInsulated ring terminals
Insulated ring terminals
 
CDA Citizens Charter
CDA Citizens CharterCDA Citizens Charter
CDA Citizens Charter
 
Creative eWriting for Basic Education-A Project Profile
Creative eWriting for Basic Education-A Project ProfileCreative eWriting for Basic Education-A Project Profile
Creative eWriting for Basic Education-A Project Profile
 
The eLearning Club as a Support Strategy in Technology Integration
The eLearning Club as a Support Strategy in Technology IntegrationThe eLearning Club as a Support Strategy in Technology Integration
The eLearning Club as a Support Strategy in Technology Integration
 
ICT and Cooperative Learning-Reinventing the Classroom
ICT and Cooperative Learning-Reinventing the ClassroomICT and Cooperative Learning-Reinventing the Classroom
ICT and Cooperative Learning-Reinventing the Classroom
 
ICT And Cooperative Learning Reinventing The Classroom
ICT And Cooperative Learning   Reinventing The ClassroomICT And Cooperative Learning   Reinventing The Classroom
ICT And Cooperative Learning Reinventing The Classroom
 
Issues and Prospects in ICT in Education in Continuing Teacher Professional D...
Issues and Prospects in ICT in Education in Continuing Teacher Professional D...Issues and Prospects in ICT in Education in Continuing Teacher Professional D...
Issues and Prospects in ICT in Education in Continuing Teacher Professional D...
 
Issues and Prospects in Pre-Service Teacher Education
Issues and Prospects in Pre-Service Teacher EducationIssues and Prospects in Pre-Service Teacher Education
Issues and Prospects in Pre-Service Teacher Education
 
Status of ICTs in Philippine Basic Education
Status of ICTs in Philippine Basic EducationStatus of ICTs in Philippine Basic Education
Status of ICTs in Philippine Basic Education
 
ICTs in the Classroom-Why Use Them
ICTs in the Classroom-Why Use ThemICTs in the Classroom-Why Use Them
ICTs in the Classroom-Why Use Them
 
Happy Christmas (War is Over)
Happy Christmas (War is Over)Happy Christmas (War is Over)
Happy Christmas (War is Over)
 
Best Practices on the Practice of Overhead
Best Practices on the Practice of OverheadBest Practices on the Practice of Overhead
Best Practices on the Practice of Overhead
 
A Local Take on Rich Dad, Poor Dad
A Local Take on Rich Dad, Poor DadA Local Take on Rich Dad, Poor Dad
A Local Take on Rich Dad, Poor Dad
 
Activity-Based Costing
Activity-Based CostingActivity-Based Costing
Activity-Based Costing
 
Project Budget And Accounting (BOND)
Project Budget And Accounting (BOND)Project Budget And Accounting (BOND)
Project Budget And Accounting (BOND)
 
Beginners Guide To Logical Framework Approach (BOND)
Beginners Guide To Logical Framework Approach (BOND)Beginners Guide To Logical Framework Approach (BOND)
Beginners Guide To Logical Framework Approach (BOND)
 
PCM - Project Cycle Management, Training on Evaluation
PCM - Project Cycle Management, Training on EvaluationPCM - Project Cycle Management, Training on Evaluation
PCM - Project Cycle Management, Training on Evaluation
 
ROPMS - Results-Oriented Project Management System
ROPMS - Results-Oriented Project Management SystemROPMS - Results-Oriented Project Management System
ROPMS - Results-Oriented Project Management System
 
Logical Framework And Project Proposal
Logical Framework And Project ProposalLogical Framework And Project Proposal
Logical Framework And Project Proposal
 

Kürzlich hochgeladen

Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdftbatkhuu1
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876dlhescort
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...Suhani Kapoor
 
A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdftbatkhuu1
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 DelhiCall Girls in Delhi
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insightsseri bangash
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 

Kürzlich hochgeladen (20)

Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdf
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
 
A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdf
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insights
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 

Understanding Deposit Insurance

  • 1. PDIC Depositor Awareness Program for Overseas Filipino Workers Understanding Deposit Insurance Ms. Maria Leonida Fres-Felix Vice President Communication and Stakeholder Relations Group Philippine Deposit Insurance Corporation
  • 2. “ A good provider is one who leaves…” New York Times Magazine April 22, 2007
  • 3.  
  • 5.
  • 6.
  • 7.
  • 9.
  • 10. Remittance channels 69% of the respondents in the nationwide NSO Survey on Overseas Filipinos in 2005 regularly send remittances through banks or other regulated channels. Mode % of Total Cash 92 Formal (banks & non-banks) 69 Informal channels 23 Non-cash 8 Source: 2005 NSO Survey on Overseas Filipinos
  • 11.
  • 12.
  • 14.
  • 15. To protect depositors and help strengthen public confidence in the stability of the banking system. Corporate mandate
  • 16. 1963 - P 10,000 1978 - 15,000 1984 - 40,000 1992 - 100,000 2004 - 250,000 MDIC increases
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29. The computation will be as follows: Claims settlement * Excess after consolidating Jose’s shares in the three joint accounts under his name.
  • 30. The computation will be as follows: Claims settlement * Excess after consolidating Jose’s shares in the three joint accounts under his name.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37. “ The depositor’s vigilance in trying to get as much information about his bank and the banking industry is still the best protection against loss of his deposit.” Vigilance is the best defense.