Pag-IBIG Fund members collectively saved nearly P80 billion in 2022, setting yet another record for the highest amount saved by members with the agency in a single year, its top officials said. In 2022, the amount collectively saved by Pag-IBIG members totaled P79.9 billion – the highest in the...
Pag-IBIG Fund financed 18,657 homes for low-income and minimum-wage earners in 2022, its top officials announced Friday (January 27). Socialized homes represent 18% of the 105,212 homes financed by the agency for 2022. The aggregate amount released for socialized housing loans, meanwhile, is 7% or...
Over 100,000 members with new homes Pag-IBIG Fund released a record-high P117.85 billion in home loans to finance the housing units of 105,212 members in 2022, its top officials announced January 18 (Wednesday). For 2022, the amount of home loans released by the agency increased by 21% or P20.57...
After two government-controlled funds deferred their contribution rate increases for 2023, House Deputy Minority leader and ACT Teachers Party-list Rep. France Castro on Saturday, Jan. 7, called on the Social Security System (SSS) to likewise suspend its planned contribution increase for this year....
House Deputy Minority leader and ACT Teachers Party-list Rep. France Castro hailed on Saturday, Jan. 7 the Home Development Mutual Fund, or Pag-IBIG Fund for being "sensitive" to pandemic and inflation-weary Filipinos. ACT Teachers Party-list Rep. France Castro This, after Pag-IBIG decided to defer...
Four more government financial institutions (GFIs) have signed up in the national housing program of the Marcos administration, the Department of Human Settlements and Urban Development (DHSUD) disclosed on Thursday, Dec. 22. DHSUD Secretary Jose Rizalino Acuzar said he already signed an agreement...
Pag-IBIG Fund officially launched the Virtual Pag-IBIG Mobile App to bring its services closer to members as it marked its 42nd anniversary on Wednesday (December 14). President Ferdinand Marcos Jr. recognized Pag-IBIG Fund’s accomplishments over the years and welcomed the launch of its...
Pag-IBIG Fund netted a record-high income of P38.06 billion from January to October 2022, the agency’s top executives announced on Monday (December 12). “I am happy to report that Pag-IBIG Fund continues its strong performance this year. Our P38.06 billion net income in just the first ten...
The P250 billion commitment of the Home Development Mutual Fund, or Pag-IBIG Fund, to the government housing program is an assurance of fair distribution of economic growth that will eventually create opportunities to the poor and those under the low-income bracket, Department of Human Settlements...
At least 10,000 housing units will be constructed in Bacolod City, the target is to provide decent homes to informal settlers families (ISFs) in the area, the Department of Human Settlements and Urban Development (DHSUD) announced on Tuesday, Nov. 29. DHSUD Secretary Jose Rizalino Acuzar said the...
The government's housing program got a big boost after the Home Development Mutual Fund, or the Pag-IBIG Fund, has allocated P250 billion to address the 6.5 million housing backlog in the country. Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino Acuzar said the...
Driven by the strong collection of home loan payments in the last 10 months, Pag-IBIG Fund’s performing loans ratio climbed to 89.96% in October, exceeding the agency’s yearend target by 196 basis points, top executives announced Monday (28 November). From January to October, home loan payments...
