PDIC urges Labrador borrowers to deal with authorized bank

The Philippine Deposit Insurance Corporation (PDIC) called on borrowers of padlocked Rural Bank of Labrador (Pangasinan) and Surigaonon Rural Banking Corp to deal only with its authorized representatives in paying their loans.

PDIC said in a statement borrowers of Rural Bank of Labrador should pay directly at any Philippine National Bank (PNB) branch under the account name: PDIC FAO BURL—Rural Bank of Laborador (Pangasinan).