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The Philippine Deposit Insurance Corporation (PDIC) has proposed a seamless transition from bank closure to liquidation thereby eliminating the 90-day period of rehabilitation after bank closure, as an amendment to the Charter of Bangko Sentral Ng Pilipinas (BSP).
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                    [Title] => 'Seamless transition' for bank closures eyed
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The Philippine Deposit Insurance Corp. (PDIC) is proposing what it calls “a seamless transition” from bank closure to liquidation thus eliminating the 90-day period of rehabilitation after bank closure.
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CANADA DEPOSIT INSURANCE CORPORATION

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abtest

PDIC targets a sound shift from closure to liquidation

February 8, 2010 - 12:00am

The Philippine Deposit Insurance Corporation (PDIC) has proposed a seamless transition from bank closure to liquidation thereby eliminating the 90-day period of rehabilitation after bank closure, as an amendment...

Freeman Cebu Business

'Seamless transition' for bank closures eyed

February 2, 2010 - 12:00am

The Philippine Deposit Insurance Corp. (PDIC) is proposing what it calls “a seamless transition” from bank closure to liquidation thus eliminating the 90-day period of rehabilitation after bank clos...

Banking