The Philippine Deposit Insurance Corp. (PDIC) is set to auction 44 real properties located in the Visayas and Mindanao regions through an electronic public bidding process scheduled for June 17-18, 2026. The state deposit insurer announced that bids may be submitted starting at 9 a.m. on June 17 until 1 p.m. on June 18, with the bid opening taking place at 2 p.m. on June 18.
Properties and Locations
The properties up for auction consist of closed bank and PDIC-owned assets, offered exclusively through the agency’s e-bidding portal. Among them are nine lots in Koronadal City, the capital of South Cotabato, which PDIC describes as an emerging hub for education, commerce, and culture in Mindanao. The auction includes 24 residential lots, 19 agricultural lots, and one mixed residential-agricultural property, with land areas ranging from 80 square meters to 19.5 hectares.
Regional Breakdown
In the Visayas, properties are located in the provinces of Antique, Cebu, Guimaras, and Iloilo. Meanwhile, Mindanao properties are situated in Agusan del Norte, Maguindanao, Sultan Kudarat, North Cotabato, and South Cotabato.
How to Participate
Interested buyers can access the property catalogue, bidding procedures, and registration requirements through the PDIC e-bidding portal at PDIC Assets for Sale Portal. PDIC noted that participants only need a one-time registration to join this auction and future asset sales conducted through the online platform.
