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PDIC earns P162 million after disposal of assets in H1

Business Mirror LogoBusiness Mirror1w ago

PDIC earns P162 million after disposal of assets in H1 - Business Mirror

Quick Summary:

DAVAO CITY—The Philippine Deposit Insurance Corp.(PDIC) announced having generated P162 million in the first half from the sale of disposed assets of closed banks and those acquired by PDIC.

The assets sold in the January-July period comprised 141 residential lots, four agricultural lots, three commercial lots, and three mixed residential and agricultural lots.

During the same period last year, the PDIC was only able to sell 124 properties.


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Article Details

Author / Journalist: Manuel Cayon

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 15:04:09 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 363 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23572620

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About Business Mirror

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 24 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "PDIC earns P162 million after disposal of assets in H1" was covered 1 weeks ago by Business Mirror, a news publisher based in Philippines.

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