Pag-IBIG Fund announced its highest-ever dividend payout for 2024 at the Chairman’s Report event held on Thursday, Feb. 27, at the Philippine International Convention Center. For the year, the Fund reported ₱55.65 billion in dividends, the largest in its 44-year history. As a result, the dividend rates for Regular Savings reached 6.6 percent, while the Modified Pag-IBIG 2 (MP2) Savings rate increased to 7.1 percent.
In his message, President Ferdinand R. Marcos Jr. praised Pag-IBIG Fund’s role in helping Filipinos achieve homeownership and creating opportunities through trust and integrity. He emphasized the agency’s growth and commitment to supporting the Filipino people, ensuring that no one is left behind in the vision of a “Bagong Pilipinas.”
“For nearly five decades now, this institution has empowered individuals and families to find, acquire, and build the homes they aspire for—all in a system founded on trust, integrity, and shared opportunity,” Marcos said.
Pag-IBIG Fund had another exceptional year in 2024, reporting a net income of ₱67.52 billion, up 36 percent from ₱49.79 billion in 2023. The agency’s total assets also surpassed ₱1 trillion, closing at ₱1.069 trillion, marking another historic achievement.
Secretary Jose Rizalino Acuzar, chair of the Pag-IBIG Fund Board of Trustees, highlighted the Fund's strong financial performance and its positive impact on members. He noted that the agency declared ₱55.65 billion in dividends, which represented 82.71 percent of its net income, exceeding the 70 percent legal requirement. Acuzar also emphasized that the Fund’s performance enables continued support for affordable housing initiatives through the Pambansang Pabahay para sa Pilipino Program.
CEO Marilene C. Acosta celebrated the agency’s record achievements, including ₱129.73 billion in home loans, helping 90,640 members secure new or improved homes. The Fund also collected ₱132.81 billion in membership savings, with ₱73.74 billion in voluntary savings under the Upgraded and MP2 Savings programs, and disbursed ₱70.33 billion in cash loans to over 3.2 million members. Acosta reaffirmed the agency’s commitment to prudent management of members’ savings and delivering the best possible returns for their benefit.