Pag-IBIG Fund’s home loan releases in the first quarter of 2024 reached P28.09 billion—the highest amount released by the agency for any January to March period in its history, its top officials announced during the North Luzon leg of the Stakeholders Accomplishment Report (StAR) last May 10....
The Government Service Insurance System (GSIS) has rolled out a debt relief program to aid borrowers currently facing payment challenges in its housing loan program. In a statement on Wednesday, May 8, Wick Veloso, GSIS president and general manager, said that the program is designed to...
Consumers will still feel the deepest financial pain triggered by surging electricity rates due to simultaneous plant outages in the past two weeks, but the Department of Energy (DOE) is urging the distribution utilities (DUs) to tap palliative interest-bearing loan from the Land Bank of the...
After the recent 7.2 magnitude earthquake in Taiwan, the Social Security System (SSS) will extend its calamity loan to the affected overseas Filipino workers (OFWs). In a briefing, Rolando Ledesma Macasaet, SSS president and chief executive officer said on Thursday, April 4, that active members...
Government Service Insurance System (GSIS) borrowers who have an e-wallet account in Maya can now easily make loan payments. In a statement, Wick Veloso, GSIS president and general manager, said that Maya, formerly PayMaya, is now one of the online payment options within the mobile app, GSIS Touch....
Government Service Insurance System (GSIS) members and pensioners affected by the recent African Swine Fever (AFS) in Oriental Mindoro can now avail of an emergency loan. In a statement on Friday, March 8, GSIS said that the pension fund opened its emergency loan window valued at P428 million,...
For those with overdue Social Security System (SSS) loans, now is the time to settle them and clear their financial obligations. On Wednesday, March 6, the SSS said there is an ongoing loan condonation program aimed at waiving penalties accrued by borrowers with outstanding salary, calamity,...
President Marcos has urged the Pag-IBIG Fund to make its home mortgage more accessible to Filipinos. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "I urge the Pag-IBIG Fund to make its home mortgage financing even more accessible and to balance this with sustainability," Marcos said in...
Due to the recent flooding in Agusan del Sur, the state-run Government Service Insurance System (GSIS) has allotted nearly half a billion pesos for the province’s emergency loan which may be availed by active members affected by the calamity. The P499 million worth of assistance was opened due to...
The Home Development Mutual Fund, or the Pag-IBIG Fund, has recorded P126.04 billion in home loans in 2023, the loans were reported to have financed a total of 96,848 housing units for its members. Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino Acuzar said the...
Filipinos looking to take out loans for major expenses can find some relief, as the Department of Finance (DOF) expects that interest rates are likely to remain steady or even decrease in the latter half of the year. On the sidelines of the Bureau of Internal Revenue’s National Tax Campaign...
The Government Service Insurance System (GSIS) has announced its readiness to provide emergency loans to its members and pensioners in Mindanao who have been affected by heavy rainfall, leading to flash floods and landslides. In a statement, Wick Veloso, GSIS president and general manager, said...
