Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 161549
                    [Title] => Protect the small depositors
                    [Summary] => Many of us may be oblivious to this phenomenon of small rural banks going belly up leaving their depositors with absolutely nothing, not even the paltry PDIC coverage. According to Tarlac Rep. Jesli Lapus, most of these banks have lost their PDIC coverage even before they shutter their doors.


The PDIC routinely cuts off deposit insurance coverage once a bank fails to pay the premium, which is like getting the umbrella back at the first drop of rain. That should be the first sign of trouble but small depositors don't hear of that until it is too late. 


                    [DatePublished] => 2002-05-20 00:00:00
                    [ColumnID] => 133182
                    [Focus] => 0
                    [AuthorID] => 1804837
                    [AuthorName] => Boo Chanco
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

CONGRESSMAN LOPEZ

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 161549
                    [Title] => Protect the small depositors
                    [Summary] => Many of us may be oblivious to this phenomenon of small rural banks going belly up leaving their depositors with absolutely nothing, not even the paltry PDIC coverage. According to Tarlac Rep. Jesli Lapus, most of these banks have lost their PDIC coverage even before they shutter their doors.


The PDIC routinely cuts off deposit insurance coverage once a bank fails to pay the premium, which is like getting the umbrella back at the first drop of rain. That should be the first sign of trouble but small depositors don't hear of that until it is too late. 


                    [DatePublished] => 2002-05-20 00:00:00
                    [ColumnID] => 133182
                    [Focus] => 0
                    [AuthorID] => 1804837
                    [AuthorName] => Boo Chanco
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Protect the small depositors

By Boo Chanco | May 20, 2002 - 12:00am

Many of us may be oblivious to this phenomenon of small rural banks going belly up leaving their depositors with absolutely nothing, not even the paltry PDIC coverage. According to Tarlac Rep. Jesli Lapus, most of...

Business