Published November 6, 2024
Pag-IBIG Fund’s assets breached P 1 trillion
Pag-IBIG Fund reached new heights as the agency breached the P1-trillion
mark in Total Net Assets in August 2024, reflecting a 14% growth versus
September last year. The growth is largely driven by higher net revenues,
increased member savings, and strategic management of its investment
portfolios, top officials announced.
p>“We have just celebrated the National Shelter Month and we are proud to
share that Pag-IBIG Fund has breached the P1-trillion mark in assets. This
serves as a testament to our commitment of fulfilling our mandate. Not only
can we assure that our members’ fund is prudently managed, it also means
that we are ready and able to finance our Filipino workers’ dream of home
ownership. This remains consistent with the directive of President
Ferdinand R. Marcos, Jr. to provide quality and accessible social benefits to
our countrymen,” said Secretary Jose Rizalino L. Acuzar of the Department
of Human Settlements and Urban Development (DHSUD), who serves as
chairperson of the 11-member Pag-IBIG Fund Board of Trustees.
Published October 31, 2024
Pag-IBIG offers Calamity Loans and One-Month Housing Payment Relief to members affected by Typhoon Kristine
In response to the effects caused by Typhoon Kristine, Pag-IBIG Fund has announced the availability of its Calamity Loan program and Housing Loan payment moratorium to assist affected members.
Members residing or working in areas declared under a state of calamity – including areas in Region IV-A, Ilocos Region, Cagayan Valley Region, Region V, Region VIII, and NCR – may apply for Calamity Loans and one-month Housing Loan payment Moratorium to alleviate their financial difficulties and allocate their funds toward more immediate recovery needs.