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(NAR) VOL. 25 NO. 3 / JULY - SEPTEMBER 2014
[ GSIS RESOLUTION NO. 129, August 28, 2014 ]
APPROVAL OF THE ENHANCED GSIS EMERGENCY LOAN PROGRAM
Date Filed: 10 September 2014
WHEREAS, in 2011, the GSIS offered a loan window known as the Emergency Loan (EL) intended to provide assistance to its members in times of natural calamities and disasters;
WHEREAS, in recent years, the GSIS has extended the EL to its members affected not only by natural calamities but also by man-made phenomena such as armed conflicts;
WHEREAS, due to the frequency of the occurrence of calamities and other contingencies, there is a need to revise the Policy and Procedural Guidelines on the New GSIS Emergency Loan Program (PPG No. 212-11), which was approved under Board Resolution No. 197 dated 8 September 2011, in order to make it more responsive to the needs of affected members;
RESOLVED, to APPROVE and CONFIRM the adoption of the Enhanced GSIS Emergency Loan Program (Please see NAR Volume 25 No. 3, July to September 2014, pp. 1612-1619), as recommended by the Senior Vice President, Corporate Services Group and Corporate Planning Office, in her Memorandum dated 22 August 2014, a copy of which is made an integral part of this Resolution;
RESOLVED FINALLY, that Board Resolution No. 197 dated 8 September 2011 is hereby SUPERSEDED.
CERTIFIED CORRECT:
ATTY. MARIA THERESA ABESAMIS-RAAGAS Confirmed: (SGD) DANIEL L. LACSON, JR. | |
(SGD) ROBERT G. VERGARA Vice Chairman | (SGD) KARINA CONSTANTINO-DAVID Trustee |
(SGD) GREGORIO T. YU Trustee | (SGD) ROMAN FELIPE S. REYES Trustee |
(SGD) MARIO J. AGUJA Trustee | (SGD) ELISEA G. GOZUN Trustee |
(SGD) ROMEO M. ALIP Trustee | (SGD) GERALDINE MARIE BERBERABE-MARTINEZ Trustee |
FRANCISO T. DUQUE III (On Leave) Trustee | |