About Company – The Golden Legacy Financing Corporation
(02) 922-4532

About Company

Established in 1991, The Golden Legacy Financing Corporation (TGLFC) is an SEC-licensed financing company offering pension loan solutions to retirees of the Armed Forces of the Philippines (AFP) and Social Security System (SSS). In 2018, the company introduced its Salary Loans Program for employees of partner organizations. As of December 2023, its loan portfolio was at PHP 2 Billion from over 18,600 AFP, SSS, and Salary Loan borrowers. It currently operates 7 branches located in Manila, Dagupan, Tarlac, Lipa, Naga, Iloilo, and Cebu.

As part of its mission to service even more Filipinos, TGLFC is planning to introduce new pension and non-pension loans in its portfolio.

Core Values

L - Leadership and Teamwork

We provide outstanding service through teamwork, accountability and innovation of which is reflected in the quality of our results.

E - Ethical Standards and Integrity.

Not only do we believe in being guided by a strong set of ethical standards but we also believe in having the Integrity to uphold these standards no matter the cost.

A - Adaptability and Innovation

Since change is an integral part of growth. We believe in always finding ways to improve and changing with the environment we operate in.

D - Dedication and Excellence

We strongly believe that dedicated hard work beats talent every time and that a strong work ethic produces excellence in the workplace.

Vision & Mission

To be the preferred financial institution offering a diverse suite of financial solutions and continuously innovating to make a greater difference in the lives of more and more Filipinos

Financial Highlights

Amount in PHP                                       2021                                 2022

Total Loan Receivables                   2,002,261,529                  2,212,009,798
Total Assets                                        2,165,663,937                  2,397,659,232
Total Equity                                         596,064,089                    607,054,385
Net Income                                            43,501,937                       28,977,047
Return on Equity                                          7%                                     5%

Our Milestones


Incorporated with the SEC as The Golden Legacy Lending Corporation by the Zamora and Nepomuceno families in July 1991 with the primary purpose of providing pension loans to AFP retirees


Increased its capital base as it transitioned into a SEC-licensed financing company and amended its name to The Golden Legacy Financing Corporation


Increased capitalization to PHP 50 Million, which allowed the Company to expand and service a wider market


Further increased its capital base to PHP 100 Million leading to significant growth in its loan portfolio and the opening of its 1st provincial branch in Dagupan, Pangasinan


Partnered with Philamlife to provide Credit Redemption Insurance to its borrower


Opened its 2nd provincial branch in Lipa, Batangas.


Executed a partnership with Asia United Bank (AUB) for a PHP 620 Million credit facility that enabled further branch expansion in Tarlac and Naga and the full launch of its SSS Pension Loan product


Achieved milestones of PHP 1 Billion in loan portfolio and PHP 300 Million in capitalization, allowing for further broadening of its scope to the Visayas thru branches in Cebu and Iloilo and for partnering with AUB for the launch of its 3rd pension loan product – PVAO Pension Loans


Executed a partnership with United Coconut Planters Bank (UCPB) for a PHP 1 Billion credit facility that will support AFP and SSS pension loan expansion into 40 new territories


Ventured into non-pension loans with the launch of its Salary Loan product in realization of its strategy to diversify its loan portfolio and enter into new market segments

. . .

Board of Directors

Higinio Macadaeg
Independent Director/Chairman of the Executive Committee
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Pedro P. Coelho 
Independent Director
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David G. Maxson
Independent Director/Advisor
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Job M. Ambrosio
Independent Director/Advisor
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Our Leaders

Felipe Jose N. Zamora III
President & Chief Executive Officer
Jerome Stefan N. Leung
Chief Technology Officer
Michael E. Mendania
Chief Finance Officer
Jon-Jon B. Avila
Chief Business Strategist and Salary Loans Group Head
Sheila B. Javier
Corporate Services Director
Florencio C. Angulo III
SSS Pension Unit Head