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Pag-IBIG Fund recently signed an agreement with the Land Bank of the Philippines (LBP) as Escrow agent for the P600 million Funding Commitment Line for the Globe Asiatique Realty Holdings’ GA Tower II Condominium along EDSA, Mandaluyong. RCBC will grant Globe Asiatique P600 million loan to partially finance the project, which will provide an additional 600 housing units for qualified Pag-IBIG Fund members. The project was approved by the Pag-IBIG Fund for development under the Fund’s Medium and High Rise Building (MHRB) Program. To date, the Pag-IBIG Fund’s MHRB Program has generated 9,382 housing units for Metro Manila dwellers. In picture are (l-r): Atty. Romero Quimbo, President and CEO, Pag-IBIG Fund, Eduardo Chaves, Vice President and Trust Officer, Land Bank of the Philippines, Delfin Lee, President, Globe Asiatique Realty Holdings Corp., Uy Chun Bing, Executive Vice President, Rizal Commercial Banking Corp. (RCBC), Rommel Latinazo, Senior Vice President, RCBC. (photo by: Edgar Abarabar)