Finance News

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GSIS expands 'Balik Ginhawa' coverage to 6 months

July 1, 2026

The Government Service Insurance System (GSIS) on Wednesday announced it has expanded the coverage of its Balik Ginhawa, or Loan Moratorium Through Refund Program, allowing qualified members and pensioners to receive refunds equivalent to up to six months" worth of loan payments made from December 2025 to May 2026.

Repayment period for salary-based loans extended to 7 years

June 19, 2026

The Bangko Sentral ng Pilipinas (BSP) has extended the maximum repayment period of salary-based personal loans to up to seven years, giving borrowers more time to pay, and reducing the monthly deductions from their salaries.

Pag-IBIG offers cash loans to ease financial burden amid effects of Middle East crisis

June 16, 2026

The Home Development Mutual Fund or Pag-IBIG Fund on Tuesday announced it is offering the Special Assistance for Financial Emergencies (SAFE) Loan to provide urgent cash for members amid the continuing inflationary effects of the Middle East crisis.