PDIC
PDIC

MANILA — The Philippine Deposit Insurance Corporation (PDIC) and the Digital Bank Association of the Philippines (DiBA PH) held a bilateral exchange on industry developments at the PDIC Chino Building in Makati City on May 14, 2026.

The discussion brought together officials from several digital banks, including Maya Bank, GoTyme Bank, UNO Digital Bank, Union Digital Bank, and Overseas Filipino Bank.

The session opened with updates on PDIC programs, followed by presentations on the PDIC K.E.Y. (Knowledge Foundations, Enhanced Governance, and Your Compliance Compass) training program and a developing risk-based assessment system being crafted with the World Bank Group.

DiBA PH President Angelo Madrid also briefed PDIC on emerging trends, opportunities, and operational developments in the country’s digital banking sector.

The meeting included an open forum aimed at aligning financial technology innovation with depositor protection mechanisms.

According to PDIC, the inaugural exchange establishes a framework for closer coordination between the regulator and digital banking players to strengthen depositor safety as digital financial services expand.

Both parties committed to sustained dialogue focused on financial inclusion, adaptation to technological changes, and maintaining stability in the Philippine financial system.

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