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gfal  // Posts tagged as "gfal"

14 Oct Posted by in Media Center, Press Releases | Comments

GSIS now accepts GFAL applications from PhilHealth employees

GSIS now accepts GFAL applications from PhilHealth employees

Date Posted: September 27, 2019 The Government Service Insurance System (GSIS) is now accepting applications for the GSIS Financial Assistance Loan (GFAL) from employees of the Philippine Health Insurance Corporation (PhilHealth) nationwide. GSIS, represented by Executive Vice President (EVP) Nora Malubay of the Core Business Sector, and PhilHealth, led by President and Chief Executive Officer […]

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23 Sep Posted by in Media Center, Press Releases | Comments

GSIS inks Php170M loan agreement with 4 LGUsin Tarlac, holds dialogue with members

GSIS inks Php170M loan agreement with 4 LGUsin Tarlac, holds dialogue with members

Date Posted: September 23, 2019 San Vicente, Tarlac. The Government Service Insurance System (GSIS) inked a memorandum of agreement (MOA) with four local government units (LGUs) in Tarlac today that opened a Php170 million loan facility for government employees in said areas under the GSIS Financial Assistance Loan (GFAL). GSIS Chairman and concurrent acting President […]

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GSIS Financial Assistance Loan for DOLE Employees

GSIS Financial Assistance Loan for DOLE Employees

Date Posted: September 19, 2019 State pension fund Government Service Insurance System (GSIS) Chairman and concurrent Acting Head and President and General Manager Rolando Ledesma Macasaet (fourth from left) and Department of Labor and Employment (DOLE) Secretary Silvestro Bello III (third from left) recently inked an agreement that would help more than 5,600 employees of […]

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GFAL Updates

GFAL Updates

10 January 2020 MOA Signing Ceremony by and between GSIS Laoag and Narvacan Water District, Narvacan, Ilocos Sur 10 January 2020 MOA Signing Ceremony by and between GSIS Laoag and the Municipal Government of Caoayan, Ilocos Sur 13 November 2019 MOA Signing with LGU Rizal, Cagayan 13 November 2019 MOA Signing with Cavite State University […]

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CGO San Juan GFAL II MOA Signing

CGO San Juan GFAL II MOA Signing

Date Posted: August 20, 2019 The Government Service Insurance System signed on Tuesday a memorandum of agreement with the City Government of San Juan to implement the expanded GSIS Financial Assistance Loan or GFAL II for more than 1,000 GSIS members based in the city. Originally offered to teaching and nonteaching personnel of the Department […]

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29 Aug Posted by in Media Center, Press Releases | Comments

Agencies, LGUs join GSIS new loan program bandwagon

Agencies, LGUs join GSIS new loan program bandwagon

Date Posted: August 29, 2019 With GFAL, days of loan sharks seen as over State pension fund Government Service Insurance System has started its caravan nationwide for the expanded GSIS financial assistance loan (GFAL) program or GFAL II for non-DepEd agencies and local government units. This was announced by Chairman and Officer in Charge Rolando […]

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28 Aug Posted by in Media Center, Press Releases | Comments

Under GFAL: GSIS offers loan transfer to all members up to 500K with top-up facility

Under GFAL: GSIS offers loan transfer to all members up to 500K with top-up facility

Date Posted: August 28, 2019 State pension fund Government Service Insurance System (GSIS) today announced that it has introduced a new feature in its latest loan transfer and consolidation program called the GSIS Financial Assistance Program (GFAL). Under GFAL, GSIS members may transfer their loan of up to Php500,000, to the pension fund from lending […]

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16 Aug Posted by in Media Center, Press Releases | Comments

GSIS, GMA-Cavite ink GFAL agreement

GSIS, GMA-Cavite ink GFAL agreement

Date Posted: August 14, 2019 State pension fund Government Service Insurance System (GSIS) forged a memorandum of agreement (MOA) with the local government of General Mariano Alvarez (GMA) in Cavite to implement the GSIS Financial Assistance Loan (GFAL) program for GMA employees. GMA Mayor Walter Echevarria Jr. and Ms. Lanie Calida, officer in charge of […]

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13 Jun Posted by in Media Center, Press Releases | Comments

GSIS income jumps fourfold YOY, in first quarter of 2019

GSIS income jumps fourfold YOY, in first quarter of 2019

Date Posted: June 4, 2019 State-run Government Service Insurance System (GSIS) recorded a quadruple increase in net income for the first quarter, year-on-year. The first quarter net income increased by Php29.65 billion, from Php9.05 billion last year to Ph38.7 billion this year. The increase in GSIS’s net income was driven by the rise in stock […]

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17 Jan Posted by in Media Center, Press Releases | Comments

GSIS released PhP13B loan to 36K DepEd personnel

GSIS released PhP13B loan to 36K DepEd personnel

Date Posted: January 17, 2019 State pension fund Government Service Insurance System (GSIS) has released a total of PhP12.95 billion in GSIS Financial Assistance Loan (GFAL) since the program started in May 2018, benefiting 36,692 personnel of the Department of Education (DepEd). “The combined nationwide figures posted in GFAL’s first six months of implementation signify […]

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