A TOTAL of 76 closed banks’ assets, located in different parts of Mindanao, will be bid out on an “as-is, where is” basis by the Philippine Deposit Insurance Corporation (PDIC). In a statement, PDIC said sealed bids from direct buyers will be accepted by the PDIC Real and Other Properties Acquired (ROPA) Disposal Committee on October 2, from 9:00 a.m. to 4:00 p.m. at Unit 80, 8th Floor, Landco Corporate Center, Pryce Business Park in Davao City. Bids will be opened the following day, October 3, at the same venue starting at 10:00 a.m. Up for bidding are 49 residential lots, 19 residential lots with improvement, three commercial lots, two commercial lots with improvement, and three mixed-use residential/commercial lots with improvement. These properties are located in Agusan del Norte, Agusan del Sur, Bukidnon, Compostela Valley, Davao del Norte, Davao Occidental, Lanao del Norte, Misamis Oriental, South Cotabato and Zamboanga del Norte. The complete list of properties is posted on the PDIC Assets for Sale site, http://assetsforsale.pdic.gov.ph.

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