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 member...
Source: lamudi.com.ph