About Postal Bank

Philippine Postal Savings Bank (Postbank) granted National Confederation of Cooperatives (NATCCO) a P125 Million Rediscounting Line (RDL) Financing Facility for relending to its member cooperatives nationwide held last February 17, 2014.


Standing from L-R: Raul M. Calayan, Jr., Chief Operating Officer (NATCCO), Cesar N. Sarino- President (Postbank), Sylvia O. Paraguya- Chief Executive Officer (NATCCO).

 

Philippine Postal Savings Bank (Postbank) granted Phoenix Omega Development & Management Corporation (PODMC) a P50 Million Term Loan Financing Facility to finance its Condominium Project inside Villas De St. Honore Subdivision located at Brgy. Bambang, Bulacan, Bulacan.

 

Philippine Postal Savings Bank (Postbank) granted Alalay sa Kaunlaran, Inc. (ASKI) a P50 Million Short-Term Loan Financing Facility to finance its Wholesale Microfinance Rediscounting.

World Partners Finance (Hortaleza) together with Philippine Postal Savings Bank, Inc. (Postbank).  Signing of a P140 Million Credit Line Facility held last March 12, 2014.

Standing from L-R: Roehl O. Dumlao- Director (WPF), Dra. Rosalinda Ang Hortaleza- President & CEO (WPF), Cesar N. Sarino- President & CEO (Postbank), Fidel A. Bugayong- Director (PostBank)

Pursuant to its mission of providing a full range of professional banking and financial services accessible in all areas of the country especially in the countryside, the Philippine Postal Savings Bank, Inc. (Postbank) has again extended its reach to Mindanao Region. Known to be the “Gateway to Western Mindanao”, Postbank transferred its Zamboanga Branch to Dipolog City last February 23, 2015 and inaugurated last March 12, 2015. The latest branch, located at Felicidad II, Quezon Avenue, Miputak, Dipolog City is the new branch in the Mindanao Area that is expected to service the clientele within the Region.

TERMS OF REFERENCE (TOR)

I. Objectives:  

1. A Funding Valuation on the Company Retirement Plan, First Time Valuation to determine:
       1.1.  Annual Normal Cost (Current Cost)
       1.2. Accrued Liability
       1.3. Vested Benefits 
       1.4. Amortization Schedule for the Unfunded Accrued Liability