Salary Loan Table - RNG Coastal Bank RNG Bank offers salary loan for permanent DepEd teaching and non-teaching staff thru Automatic Payroll Deduction System (APDS). Features: 📍LOW INTEREST RATE 📍LOAN AMOUNT UP TO 500,000 📍5 YEARS MAXIMUM LOAN TERM 📍NO HIDDEN CHARGES 📍NO NEED TO GO TO THE OFFICE A Bank that is built with trust and integrity and committed to provide quality and safe banking services to its existing and future clients, RNG Coastal Bank, Inc . is a banking institution established in the year 1974. The Bank has 15 operating branches in the Visayas, 11 in Cebu and 4 in Bohol. Providing various financial products and services to its clients for almost 50 years, RNG Coastal Bank remains strong and continuously grows its number of branches to reach more Filipinos. Here are the branches of RNG Coastal Bank: RNG Coastal Bank Head Office Cor. Cabancalan Road, Talamban, Cebu City 6000 Labangon Branch Punta Princesa, (Labangon) Cebu City Asturias Branch Poblacion, Asturias, Ce...
In a significant development, Executive Order (EO) No. 64, issued in 2024, ensures salary increases for government employees. Here are the key points: National Government Agencies (NGAs): The first tranche of salary increase will be implemented this year. The increase is retroactive to January 1, 2024, meaning government employees will receive back pay from the start of the year. Salaries will continue to rise annually until 2027. Local Government Units (LGUs) and Government-Owned or -Controlled Corporations (GOCCs): These entities must implement all tranches within at least four years. Each tranche cannot start earlier than the prescribed date. LGUs may begin implementing the first tranche starting August 2, 2024. The Local Government Code of 1991 mandates that salary adjustments cannot be made retroactively. Authorization from the respective Sanggunian is required, subject to relevant laws and issuances. For more details, you can refer to the official announcement here .