MANILA, Philippines — From January to August this year, Pag-IBIG Fund has released P77.33 billion in home loans, P383 million higher than the P76.94 billion released during the same period last year.
Department of Human Settlement and Urban Development Secretary Jose Rizalino Acuzar, concurrent head of the 11-member Pag-IBIG Board of Trustees, said this is the highest home loan release in its history.'The continued growth of Pag-IBIG Fund's home loan releases means that more Filipino workers were able to fulfil their dreams of homeownership,' Acuzar said.
Meanwhile, Pag-IBIG Fund Chief Executive Officer Marilene Acosta said the sustained affordability and reliability of the agency's housing loan programs for its members could be attributed to Pag-IBIG's continuous growth.She said the agency has been a dependable partner for Filipino workers in fulfilling their dreams of homeownership through affordable shelter financing.'We are grateful to our members for their continued support of our programs.
Releases P77.33B In Home Loans From January To August 2024
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