PDIC beats recovery targets
The Philippine Deposit Insurance Corp. (PDIC) exceeded its 2025 targets for asset recovery, loan resolution and the liquidation of closed banks, boosting recoveries for depositors and creditors.
The state-run deposit insurer resolved 2,389 pieces of property with a combined gross book value of P524.9 million and offered 404 for public bidding, according to its annual report.
These represented 109.1 percent and 101 percent of its respective annual targets.
As statutory receiver, PDIC manages and disposes of the assets of closed banks to maximize recoveries for creditors.
It also manages properties acquired through its corporate operations.
As of 2025, the corporation was administering the liquidation of 345 closed banks.
The estimated realizable value of their assets totaled P50.7 billion against estimated liabilities of P132.1 billion.
Property sales generated P298.6 million, accounting for 74 percent of the PDIC’s total cash recoveries of P402.9 million.
The agency also resolved 80,100 loan accounts, surpassing its target by 45.6 percent.
The performance was driven largely by the implementation of Asset Distribution Plans (ADPs) approved by liquidation courts.
Outstanding loan accounts declined by 12.6 percent from a year earlier to 552,799 in 2025, driven primarily by resolutions under ADPs.
The PDIC’s Closed Bank Loan Incentive Program remained a key recovery mechanism, generating P286.3 million, or 48.2 percent of total loan collections.
The agency also completed and filed 46 ADPs with liquidation courts, paving the way for claimants to recover an estimated P4.5 billion. Implementation of court-approved plans resulted in the actual distribution of P2.5 billion in assets.
The PDIC’s property inventory stood at 26,727 in 2025, down 2.4 percent from a year earlier, reflecting continued efforts to dispose of and resolve assets.
“Through sustained operational excellence, disciplined asset recovery and accelerated liquidation, the corporation continued to maximize recoveries, protect stakeholder interests and reinforce confidence in the country’s financial safety net,” the PDIC said.
