As of June 30, 2026, the PDIC lists 331 banks under liquidation, most of them small rural banks. Type your bank's name below to check it against that list and the BSP list of 459 licensed banks.
Banks under PDIC liquidation:
331.
as of June 30, 2026.
Rural banks:
283.
Thrift banks:
46.
Commercial banks:
2.
Placed under liquidation in the last 5 years:
28.
to June 30, 2026.
Licensed banks on the BSP list:
459.
updated September 28, 2026.
Most closures: Metro Manila 26, Pangasinan 20, Batangas 19
Our take: if your bank is still on the BSP list, your deposits there are insured up to ₱1,000,000 per depositor; keep no more than that at any one bank. Work out your own cover, joint accounts included, in the PDIC deposit insurance calculator.
What happens to deposits in a closed bank
The PDIC pays valid deposits up to ₱1,000,000 per depositor, per bank. All your accounts at the closed bank held in the same right and capacity are added together, and a joint account is counted separately. PDIC The full rules, what is and is not covered, and a calculator are on the PDIC deposit insurance page.
Where closed banks were
Most banks on the list are small rural banks. The provinces with the most are Metro Manila (26), Pangasinan (20), Batangas (19), Bulacan (17), Cavite (15). 40 of the 331 have an approved final asset distribution plan.
Questions
Who do I contact if my bank is on the list?
The PDIC, which handles deposit insurance claims for closed banks. Its hotline is (02) 8841-4141 or (02) 8841-4000; toll free 1-800-1-888-7342 (1-800-1-888-PDIC); pad@pdic.gov.ph. PDIC, Deposit Insurance
Not covered here: cooperatives and lending companies, which are not on these lists; check those with the SEC or the Cooperative Development Authority. For a deposit claim, contact the PDIC.
What to do next
If your bank is on the list, contact the PDIC on (02) 8841-4141 or (02) 8841-4000; toll free 1-800-1-888-7342 (1-800-1-888-PDIC); pad@pdic.gov.ph and follow its deposit insurance page to claim.
