The schedule of the depositors-borrowers forum for the closed Malasiqui Progressive Savings and Loan Bank, Inc. is set at 9:30 AM to be held at JSMP Events Place in Rizal Avenue, Malasiqui, Pangasinan.
The Philippine Deposit Insurance Corporation (PDIC) was established on June 22, 1963, by Republic Act (RA) 3591 to provide depositor protection and help maintain stability in the financial system by providing deposit insurance.
Effective June 1, 2009, the maximum deposit insurance coverage is 500,000 thousand pesos per depositor.
All deposit accounts by a depositor in a closed bank maintained in the same right and capacity shall be added together.
A joint account shall be insured separately from any individually-owned deposit account.
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