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...
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 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...
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...
Up 27%; MP2 Savings surpass P33B, up 57% Pag-IBIG Fund members have saved more than P66 billion in the last 10 months, breaking yet another record for the period and exceeding all prior full year figures, top agency officials announced on Monday (November 14). From January to October, the amount...
Pag-IBIG Fund posted earnings of ₱20.48 billion in the first half of 2022, an impressive 27% increase compared to the same period last year, its top officials reported on (Monday, 08 August). From January to June, Pag-IBIG Fund’s gross income reached ₱32.19 billion, while net income amounted...
Top executives of Pag-IBIG Fund announced on Monday (August 01) that the agency has initially allocated ₱3 billion in calamity loan funds for members in calamity-stricken areas, including those affected by the strong earthquake that hit North Luzon. “Pag-IBIG Fund has allocated calamity loan...
Pag-IBIG Fund financed 8,471 socialized homes for minimum-wage and low-income members amounting to ₱3.67 billion in the first half of 2022, its top officials said Wednesday (July 20). Socialized home loans make up 19% of the total number of housing loans financed by the agency from January to...
