Lawrence Agcaoili – The Philippine Star October 24, 2022 | 12:00am MANILA, Philippines — The approval of the state-run Philippine Deposit Insurance Corp. (PDIC) is no longer needed for bank mergers, consolidations and acquisitions as part of efforts to streamline the procedures. PDIC president and CEO Roberto Tan has issued a bulletin stating that the consent of the deposit insurer is no longer required for bank mergers, consolidations and acquisitions, pursuant to Republic Act 11840 or the amended charter of the PDIC. These latest amendments to the PDIC Charter lapsed into law on June 17, 30 …