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Pag-IBIG home loan releases surpass P100 B in 2021 for record-high; up 58%
Pag-IBIG Fund has once again set a record-high as home loans breached P100 billion, even amid the ongoing pandemic, agency officials announced on Friday (Jan.21).
For 2021, Pag-IBIG Fund released home loans worth P97.28 billion. And, with interim releases for loans for house construction and renovation amounting to P3.5 billion, total releases have reached P100.8 billion - the highest amount ever released by the agency in a year.
Pag-IBIG Fund allocates P5 B in Calamity Loan to help members in Odette-hit areas
Pag-IBIG Fund has allocated P5 billion in Calamity Loans to help its members affected by typhoon Odette, its top executives announced on Wednesday (Dec. 22).
“In times like these, Pag-IBIG Fund is always ready to help members through our Calamity Loan Program. That is why the Pag-IBIG Board has allocated a calamity loan fund of P5 billion as aid for our members in Visayas and Mindanao to help them recover from the devastation caused by typhoon Odette,” said Secretary Eduardo D. del Rosario, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11- member Pag-IBIG Fund Board of Trustees.
• Employers’ On-line Payment Facility (UBP, BPI, LBP, SBC & Bancnet)
• Overseas Remittance (PNB, AUB, iRemit, Ventaja & Cashpinas)
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