Rewarding stronger risk management today to better protect Filipino depositors tomorrow. The Philippine Deposit Insurance Corporation (PDIC) is gearing up for the Risk-Based Assessment System (RBAS) for banks, a landmark reform that aims to align banks’ deposit insurance premium with their individual risk profiles. State deposit insurer Philippine Deposit Insurance Corporation (PDIC) has introduced its proposed Risk-Based Assessment System (RBAS), a landmark reform that will strengthen the country’s deposit insurance framework by aligning banks’ deposit insurance premium rates with their individual risk profiles. Under the framework, financial and supervisory indicators will be combined to generate a composite risk score that will determine each bank’s assessment rate. RBAS is also aligned with the Core Principles for Effective Deposit Insurance Systems of the International Association of Deposit Insurers (IADI), which encourage the use of risk-sensitive premium assessment frameworks.