PDIC to pay depositors of Leyte bank

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Philippine Deposit Insurance Corp. (PDIC) said it will pay the depositors of the closed Rural Bank of Burauen (Leyte) starting January 7. In a statement, the PDIC said will service the deposit insurance claims of depositors of the closed rural bank on January 7 from 8 a.m. to 5 p.m. at the bank’s premises located at San Ramon Street, Burauen, Leyte. The Rural Bank of Burauen (Leyte) Inc. is the 14th rural bank closed by the Monetary Board this year.

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