Live Breaking News & Updates on 003 Bayad Outlets To Accept Payments For Loans In Advance

MANILA - State pension fund Government Service Insurance System (GSIS) has already collected PHP113 million in loan payments after over 10 months of implementation of its partnership with Bayad (former Bayad Center). "Maraming salamat sa suporta ng aming miyembro at pensiyonado (Thank you very much for the support of our members and pensioners). We have so far collected PHP113.33 million for 17,720 transactions with Bayad. Ito ay patunay na maginhawa, mabilis at ligtas ang transactions sa Bayad (This is a proof that transactions with Bayad are convenient, fast, and safe)," GSIS president and general manager Rolando Ledesma Macasaet said in a statement Tuesday. GSIS's collections include PHP36.06 million for 5,144 conso-loan accounts; PHP26.26 million for 2,018 GSIS Financial Assistance Loan accounts; PHP16.05 million for 2,396 Multipurpose Loan accounts; and PHP12.95 million for 3,395 emergency loan accounts, among others. "Kaagapay kayo ng GSIS sa pangangalaga ng at ....

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