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The Government Service Insurance System ( Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a government-owned and controlled corporation (GOCC) of the Philippines. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance institution that provides a defined ...
Website. www .sss .gov .ph. The Social Security System ( SSS; Filipino: Paseguruhan ng Kapanatagang Panlipunan) is a state-run, social insurance program in the Philippines to workers in the private, professional and informal sectors. SSS is established by virtue of Republic Act No. 1161, better known as the Social Security Act of 1954.
Conglomerates – A financial services company, such as a universal bank, that is active in more than one sector of the financial services market e.g. life insurance, general insurance, health insurance, asset management, retail banking, wholesale banking, investment banking, etc. A key rationale for the existence of such businesses is the ...
Asset and liability management (often abbreviated ALM) is the practice of managing financial risks that arise due to mismatches between the assets and liabilities as part of an investment strategy in financial accounting . ALM sits between risk management and strategic planning. It is focused on a long-term perspective rather than mitigating ...
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Website. www .pdic .gov .ph. The Philippine Deposit Insurance Corporation ( Filipino: Korporasyon ng Pilipinas sa Seguro ng Deposito, [ 1] abbreviated as PDIC) is a Philippine government-run deposit insurance fund. It was established on June 22, 1963, by Republic Act 3591. It guarantees deposits up to ₱ 500,000. [ 2]
State Insurance was formerly called the State Insurance Office. Previously, it had been the State Fire and Accident Office. The State Insurance Act 1990 repealed the State Insurance Act 1963 and created State Insurance as a state-owned enterprise . In late 2014, State closed all but one of its branches saying that 94% of customers were ...
v. t. e. The government budget balance, also referred to as the general government balance, [ 1] public budget balance, or public fiscal balance, is the difference between government revenues and spending. For a government that uses accrual accounting (rather than cash accounting) the budget balance is calculated using only spending on current ...