PDIC asset sales hit

Nov 09, 2024 12:24 am

THE Philippine Deposit Insurance Corp. (PDIC) reported collecting P162 million in the first half (H1) of 2024 through the sale of assets from closed banks and corporate properties.

This marked a 4.5 percent increase from P155 million in the same period last year, exceeding the aggregate minimum disposal price by 14.1 percent.

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