PDIC to bid out P70M worth of properties around Mindanao

RESIDENTIAL, commercial, and industrial lots in different parts of Mindanao are up for bidding by the Philippine Deposit Insurance Corporation (PDIC) on Jan. 9, 2019. In a statement, PDIC said the real estate properties are located in Agusan del Norte, Agusan del Sur, Bukidnon, Camiguin, Davao del Norte, Lanao del Norte, Leyte, Maguindanao, Misamis Oriental, North Cotabato, South Cotabato, Sarangani, Sultan Kudarat and Zamboanga del Sur. These were assets from 195 closed banks with a minimum total disposal price of P69.9 million. The bidding will be held at the Bangko Sentral ng Pilipinas-Davao Regional Office in Davao City. The complete list of properties and other details are posted online, www.pdic.gov.ph.