GSIS RESOLUTION NO. 64, April 01, 2009
SINGLE INTEREST RATE FOR THE GSIS’ NEW DCS HOUSING LOAN PROGRAM
National Administrative Register April 1, 2009
RESOLVED, that by majority vote, to APPROVE the
recommendation of the Senior Vice President (Housing and Insurance
Group) to adopt a single interest rate of EIGHT PERCENT (8%) per annum
compounded annually, for the GSIS’ New DCS Housing Loan Program (approved under Board Resolution No. 69 dated April 23, 2008).
recommendation of the Senior Vice President (Housing and Insurance
Group) to adopt a single interest rate of EIGHT PERCENT (8%) per annum
compounded annually, for the GSIS’ New DCS Housing Loan Program (approved under Board Resolution No. 69 dated April 23, 2008).
This new policy shall take effect upon Board approval.
RESOLVED FINALLY, to DIRECT the Vice President
(Public Relations and Communications Office), in coordination with the
Senior Vice President (Housing and Insurance Group), to conduct the
proper information dissemination regarding the aforesaid adoption of a
single rate of eight percent (8%) per annum compounded annually, for the
GSIS’ New DCS Housing Loan Program.
Adopted: 01 April 2009 (Board Meeting No. 7)