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  • PDIC proposes risk-based premium system for banks

    PDIC proposes risk-based premium system for banks

    MANILA — The Philippine Deposit Insurance Corporation (PDIC) has introduced a proposed Risk-Based Assessment System (RBAS) that would determine banks’ deposit insurance premium rates based on their individual risk profiles. The proposed framework was presented during the “PDIC 101: Understanding Deposit Insurance” press conference held in partnership with the Philippine Information Agency (PIA) on Aug.…