Real and Other Properties Acquired

PDIC sealed bidding of ROPA of closed banks slated on December 17, 2010

by Jay Castillo on December 14, 2010 · 3 comments

in Bank Foreclosed Properties, PDIC

The Philippine Deposit Insurance Corporation (PDIC), through their Real and Other Properties Acquired (ROPA) Disposal Committee, shall be having another sealed bidding of properties of closed banks on December 17, 2010, 9:00am, at the 9th Floor,  PDIC Training Room, SSS Building, PDIC Extension Office, Ayala Avenue corner Rufino Street, Makati City. They will accept sealed bids [...]

PDIC to sell bank acquired properties of closed banks through sealed bidding

by Jay Castillo on December 4, 2009 · 14 comments

in PDIC, Repossessed Cars

I recently came across an invitation to bid from the Philippine Deposit Insurance Corporation (PDIC). This invitation to bid is quite interesting because the properties that are for sale through sealed bidding are actually the Real and Other Properties Acquired (ROPA) of closed banks. I guess this helps confirm my answer to a recent comment by [...]