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Pag-IBIG Fund grants 5,074 socialized home loans to low-wage earners in Q1 2021, up by 25%

Published May 1, 2021, 5:00 AM Pag-IBIG Fund granted socialized home loans to 5,074 members from the minimum-wage and low-income sectors totaling P2.2 billion in the first three months of 2021 despite the continuing pandemic, according to the top executives of the agency. Socialized home loans make up about 25% of the 20,712 total number of loans financed by the agency in the first quarter of 2021. The amount, meanwhile, is equivalent to 11% of the P20.94 billion it disbursed. Amid the health crisis, the number of socialized home loans granted grew by 25% from the 4,045 loans extended during the same period last year, while the amount increased by 34%. Secretary Eduardo D. del Rosario, Chairperson of the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.

Тигран Авинян принял участие в мероприятии фонда Enterprise Armenia   | Новости Армении- АРМЕНПРЕСС Армянское информационное агентство

Тигран Авинян принял участие в мероприятии фонда Enterprise Armenia   | Новости Армении- АРМЕНПРЕСС Армянское информационное агентство
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Termination prompts Freiss to target shareholder votes in 2 AMG funds

Termination prompts Freiss to target shareholder votes in 2 AMG funds Getty Images Friess Associates LLC s 401(k) plan filed a preliminary proxy statement urging shareholders of two mutual funds managed by Affiliated Managers Group to reject the retroactive termination of Friess as a subadviser for the funds. The statement is being made in connection with the upcoming special meeting for shareholders of the AMG Boston Common Global Impact Fund and AMG Veritas Global Real Return Fund on May 18, according to a news release Thursday from Friess Associates. AMG called the special meeting regarding changes to the subadvisers and other components of these and three other AMG funds, according to SEC filings.

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