The Philippine Deposit Insurance Corporation (PDIC) said on Monday it generated a total of P40.34 million from the sale of assets of closed banks during a public bidding held on February 28.
In a statement, PDIC said the amount raised was P7.66 million higher than the assets’ minimum disposal price of P32.68 million.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.