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Pag-IBIG s pandemic response wins gold at 2021 Asia-Pacific Stevie Awards – Manila Bulletin

Pag-IBIG s pandemic response wins gold at 2021 Asia-Pacific Stevie Awards – Manila Bulletin
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

Pag-IBIG s Pandemic Response Wins Gold At 2021 Asia-Pacific Stevie Awards

Pag-IBIG s Pandemic Response Wins Gold At 2021 Asia-Pacific Stevie Awards
journal.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journal.com.ph Daily Mail and Mail on Sunday newspapers.

Pag-IBIG Released Over P12B Worth of Home Loans in December 2020

Pag-IBIG Fund’s home loan releases reached P12.11 billion in December, hitting a record-high despite the economic blow of the coronavirus pandemic, as reported by Manila Standard. Compared to the amount recorded in December 2019, which hit P11.47 billion, 2020 figures registered a six percent growth. According to the Department of Human Settlements and Urban Development Secretary Eduardo del Rosario, the takeouts in December was the highest for a single month in Pag-IBIG Fund’s history. The milestone enabled the agency to achieve another, funding the acquisition of 12,275 homes for members in December, a record-high development.  All in all, the agency distributed P63.75 billion worth of home loans to 63,750 members in 2020. About 11 percent of P7.1 billion was used for socialized home loans, helping 16,975 minimum and low-wage earners.

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