Pag-IBIG Fund, in coordination with the Presidential Communications Office (PCO), participated in the Philippine Information Agency’s (PIA) Kapihan sa Bagong Pilipinas on 12 November 2024.
Pag-IBIG Fund, in coordination with the Presidential Communications Office , participated in the Philippine Information Agency’s Kapihan sa Bagong Pilipinas on 12 November 2024.
Following a historic milestone last August when Pag-IBIG Fund surpassed the PHP 1 trillion mark in total assets, the organization continues its strong growth. As of the third quarter, Pag-IBIG Fund continues to grow with more than 16.37 million active members, who have collectively saved P98.72 billion — P49.27 billion collected from the mandatory Regular Savings program and P48.86 billion collected under the Fund’s voluntary MP2 savings.
Aside from the calamity loan, Pag-IBIG Fund also approved the implementation of a one-month moratorium for housing loan payments of affected borrowers residing and working in areas declared under a state of calamity due to Typhoon Kristine. The one-month housing loan payment moratorium allows the calamity victims to prioritize finances to help them recover from the effects of the typhoon.
Pag-IBIG Fund has also remained active in the promotion of the government’s flagship program, the Pambansang Pabahay para sa Pamilyang Pilipino Housing Program. As of September 2024, Pag-IBIG Fund has already released P20.17 billion for the development of various 4PH projects nationwide, which is set to benefit 17,791 low-income borrowers.
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