SBMA EWMPC ADVISORY
All loan amortization thru salary deductions to the SBMA Coop is suspended for payroll period as follows:
1. Payroll period of April 2020 and May 2020 for SBMA Plantilla personnel;
2. Payroll period of March 2020 and April 2020 for Contracts of Services personnel.
Meanwhile, since the loan deduction for Contract of Service personnel was already reflected on their March 1-15 cut off period, there will be a refund of this deduction on their March 16-30 cut off.
The repayment period for all loans are hereby accordingly extended for two months.
Thank you.
