News

Pag-IBIG reports Q3 growth in savings

MANILA, Philippines — The Home Development Mutual Fund or the Pag-IBIG Fund, announced that its third quarter savings from its members has amounted to P98.72 billion. Broken down, that is P49.27 billion collected from the mandatory Regular Savings program and P48.86 billion collected under the Fund's voluntary Modified Pag-IBIG 2 savings. The announcement was made during the &...

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Housing loan takeout in Visayas grows 15%

STATE-RUN Pag-ibig Fund saw housing loan takeout in Visayas grow 15 percent in the first half of this year, an indication of a robust housing market in the region. Housing loans availed by its Visayan members from January to June totaled P4.49 billion, accounting for 12 percent of the nationwide loan takeout. This translated to a total of 4,250 housing units, up 23 percent from 3,461 in the...

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