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Pag-IBIG Fund approves record dividend rates

MANILA - The Home Development Mutual Fund (Pag-IBIG Fund) board of trustees has approved the membership savings dividends of PHP31.79 billion, the highest amount declared in the history of the agency. Department of Human Settlements and Urban Development Secretary Eduardo del Rosario, also the board chair, said Friday the final dividend rate for the Pag-IBIG regular savings is 5.5 percent while it is 6 percent for MP2, of the modified savings program. "Giving higher returns on members' savings is part of our efforts to give the best benefits to our members, especially as they face economic challenges due to the ongoing pandemic while ensuring the Fund's sustainability and stability," del Rosario said in a statement. Pag-IBIG Fund Chief Executive Officer, Acmad Rizaldy Moti, said the high dividend rates were due to a higher dividend payout ratio, as approved by the board. "While the agency is required to give back to members only at least 70 percent of its annual ....

Department Of Human Settlements , Home Development Mutual Fund Pag , Home Development Mutual Fund , Human Settlements , Urban Development Secretary Eduardo Del Rosario , Chief Executive Officer , Acmad Rizaldy Moti , Manila The Home Development Mutual Fund Pag Ibig Board Of Trustees Has Approved Membership Savings Dividends Php31 79 Billion , He Highest Amount Declared In The History Of Agency Department Human Settlements And Urban Development Secretary Eduardo Del Rosario , Lso The Board Chair , Aid Friday The Final Dividend Rate For Pag Ibig Regular Savings Is 5 Percent While It 6 Mp2 , F The Modified Savings Program Quot Giving Higher Returns On Members 39 Is Part Of Our Efforts To Give Best Benefits , Specially As They Face Economic Challenges Due To The Ongoing Pandemic While Ensuring Fund 39s Sustainability And Stability , Uot Del Rosario Said Ina Statement Pag Ibig Fund Chief Executive Officer , Acmad Rizaldy Moti , Aid The High Dividend Rates Were Due Toa Higher Payout Ratio , S Approved By The Board Quot While Agency Is Required To Give Back Members Only At Least 70 Percent Of Its Annual Net Income As Dividends , He Management And The Board Always Sought To Give Back More , Uot He Said In Another Statement Quot When We Perform Well , T 39s Our Members Who Benefit The Most For 2021 , I 39m Glad To Say That The Board Decided Retain Highest Payout Ratio Of 92 15 Percent Quot Despite Covid 19 Pandemic , Oti Saida Higher Dividend Rate Has Been Maintained For Two Consecutive Years Because Of The Fund 39s Quot Strong Financial Position And Improving Loan Portfolio Pna ,

Pag-IBIG posts record-high P34.73 billion net income in 2021

“Returns for the Pag-IBIG Regular Savings is recommended to be at 5.16% per annum, and the Modified Pag-IBIG 2 Savings to be at 5.66% per annum," the Pag-IBIG chief said. ....

Home Development Mutual Fund Or Pag , Department Of Human Settlements , Fund Board Of Trustees , Home Development Mutual Fund , Eduardo Del Rosario , Human Settlements , Urban Development , Acmad Rizaldy Moti , Pagibig Fund , Net Income ,

Pag-IBIG home loan releases surpass P100 billion

Pag-IBIG Fund has once again set a record-high as home loans breached P100 billion, even amid the ongoing pandemic, according to agency officials. ....

Lingkod Pag , Department Of Human Settlements , Fund Board Of Trustees , Secretary Eduardo Del Rosario , Human Settlements , Urban Development , Acmad Rizaldy Moti , Pag Ibig Fund ,

Pag-IBIG releases record P1-B housing loans in 2021

MANILA - The Home Development Mutual Fund (Pag-IBIG Fund) last year financed PHP100.8 billion worth of housing loans, the highest ever released by the agency in a year despite the continuing Covid-19 pandemic. Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo del Rosario, who also heads the 10-member Pag-IBIG Fund Board of Trustees, said the in-home loan disbursements contributed to the economic recovery efforts of the government. "While the country is still facing challenges caused by the pandemic, I am happy to report that Pag-IBIG released more than PHP100 billion in home loans in 2021, surpassing its best-ever figure which it achieved in 2019, before the health crisis started," del Rosario said in a statement on Friday. Data released by Pag-IBIG Fund showed it released PHP97.28 billion worth of home loans, with interim releases for loans for house construction and renovation amounting to PHP3.5 billion. The amount disbursed in 2021 significan ....

Lingkod Pag , Department Of Human Settlements , Home Development Mutual Fund Pag , Fund Board Of Trustees , Home Development Mutual Fund , Human Settlements , Urban Development , Secretary Eduardo Del Rosario , Chief Executive Officer , Acmad Rizaldy Moti , Manila The Home Development Mutual Fund Pag Ibig Last Year Financed Php100 8 Billion Worth Of Housing Loans , He Highest Ever Released By The Agency Ina Year Despite Continuing Covid 19 Pandemic Department Of Human Settlements And Urban Development Dhsud Secretary Eduardo Del Rosario , Ho Also Heads The 10 Member Pag Ibig Fund Board Of Trustees , Aid The In Home Loan Disbursements Contributed To Economic Recovery Efforts Of Government Quot While Country Is Still Facing Challenges Caused By Pandemic , I Am Happy To Report That Pag Ibig Released More Than Php100 Billion In Home Loans 2021 , Urpassing Its Best Ever Figure Which It Achieved In 2019 , Efore The Health Crisis Started , Uot Del Rosario Said Ina Statement On Friday Data Released By Pag Ibig Fund Showed It Php97 28 Billion Worth Of Home Loans , Ith Interim Releases For Loans House Construction And Renovation Amounting To Php3 5 Billion The Amount Disbursed In 2021 Significantly Grew 58 Percent Compared Php63 75 2020 Agency 39s Previous Record High Of Php86 74 Released 2019 Was Also Surpassed By 16 Following Year Quot This Is Very Good News Our Members Because Bigger Mean That More Filipino Workers Have Become Homeowners Even During Pandemic , Uot Del Rosario Said Pag Ibig Fund Chief Executive Officer , Acmad Rizaldy Moti , Lso Noted That The Amount Released Last Year Financed Acquisition Ofa Record High 94 , 533 Housing Units For Its Members , N Increase Of 48 Percent Compared To The 63 , 750 Housing Units Financed In 2020 Quot We Previously Thought That Releasing Php100 Billion Home Loans One Year Was Impossible Yet , Ven When Our Home Loan Releases Were At Php57 Billion In 2016 ,