GSIS allows moratorium on Glenda-hit Albay loans

State-run pension fund Government Service Insurance System (GSIS) said it will pause from collecting payments on borrowings by its members and pensioners in Albay province to help them recover from the damage caused by Typhoon Glenda.

Glenda first hit Albay on July 15 before it fully became a typhoon and left 20 dead and eight locations under a State of Calamity (SC) including Albay, Obando, Bataan, Muntinlupa, Cavite, Camarines Norte, Camarines Sur, and Gumaca, Quezon.