PDIC sets public e-bidding for 80 agri, residential, mixed-use lots in September

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PDIC sets public e-bidding for 80 agri, residential, mixed-use lots in September
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State-run Philippine Deposit Insurance Corp. announced that it will sell through electronic public bidding 80 agricultural, residential and mixed-use lots on Sept. 25 and Sept. 26, 2024.

These properties are located in Aklan, Aurora, Batangas, Bulacan, Cagayan, Camarines Norte, Camarines Sur, Cebu, Isabela, Maguindanao, North Cotabato, Nueva Ecija, Pampanga, Pangasinan, Quezon, Rizal, Sultan Kudarat, Tarlac and Western Samar.Interested buyers can browse through the catalog of properties on PDIC’s e-bidding portal where the complete list and description of the properties, requirements, e-bidding process and conditions of bid are posted.

PDIC, the statutory receiver of closed banks, liquidates the remaining assets of closed banks to maximize recovery and help pay claims of closed bank creditors, including depositors with uninsured deposits.

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