MANILA — The Philippine Deposit Insurance Corporation (PDIC) has entered into a partnership with the Office of the Government Corporate Counsel (OGCC) to enhance depositor protection and strengthen public confidence in the country’s banking system.

In a press release, the PDIC said the two agencies signed a Memorandum of Agreement (MOA) on December 16, 2025, at the PDIC Chino Building in Makati City, formalizing the provision of special legal services by the OGCC to the state deposit insurer.

Under the agreement, the OGCC will assign a dedicated legal team to assist and represent the PDIC in various legal matters, including the enforcement of corporate rights, mediation and arbitration proceedings, regulatory compliance advisories, major procurement projects, legal risk assessments, administrative investigations, and the preparation and filing of foreclosure petitions.

PDIC President and CEO Roberto B. Tan said the partnership will help the agency navigate complex legal challenges, allowing it to focus on programs and services that protect depositors and support the stability of the financial system 

Government Corporate Counsel Solomon M. Hermosura, for his part, said the collaboration aligns with the OGCC’s mandate to support government-owned and controlled corporations, noting that safeguarding confidence in the banking system is vital to economic stability 

Both agencies expressed optimism that the agreement would contribute to nation-building and help maintain a stable and resilient financial system.

The PDIC, established under Republic Act No. 3591 in 1963, is tasked with protecting depositors and promoting financial stability. It is an attached agency of the Bangko Sentral ng Pilipinas and a member of several inter-agency financial sector bodies.