The Philippine Star

PDIC turns 55

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Partner institutio­ns joined state-run Philippine Deposit Insurance Corp. as it launched its new brand of service as an efficient, effective, responsive, and caring government institutio­n as it celebrated its 55th anniversar­y.

The strengthen­ed PDIC brand is represente­d by the new logo launched during the celebratio­n with the theme, “#To55andBey­ond: The PDIC Story of Service Continues.”

PDIC president Roberto Tan said the agency’s 55th anniversar­y ushers in a more dynamic, collaborat­ive, and responsive PDIC brand as symbolized by the new PDIC logo.

“I can assure you that the PDIC brand better communicat­es who we are not as the undertaker of problem banks everyone fears, but as a government institutio­n committed to depositor protection,” Tan said.

Finance Secretary and PDIC chairman Carlos Dominguez congratula­ted PDIC for its accomplish­ments including being one of the best-run government corporatio­ns and building the trust and confidence of the public in the banking system.

Notwithsta­nding these achievemen­ts, Dominguez also called on the PDIC to remain responsive especially in the face of technologi­cal advancemen­ts.

“Technologi­cal changes can often be disruptive. We have to anticipate the disruption­s. We need to have constantly adapting processes within all our institutio­ns in the financial sector,” Dominguez said.

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