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

RECORD-HIGH. Pag-IBIG Fund Board of Trustees chairperson and housing czar, Secretary Eduardo del Rosario, reports the accomplishments of the agency for 2021 on Thursday (Feb. 24, 2022). The Home Development Mutual Fund (Pag-IBIG Fund) logged a record-high PHP34.73 billion net income despite the Covid-19 pandemic in 2021. (Screengrab via Zoom) MANILA - The Home Development Mutual Fund (Pag-IBIG Fund) logged PHP34.73 billion net income despite the prevailing coronavirus disease (Covid-19) pandemic last year. 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 2021 net income is the highest ever recorded by the Fund for the past five years. "As we close our books for 2021, I am happy to report that your Pag-IBIG Fund achieved another milestone. Our strong performance last year led us to reach a net income of PHP34.73 billion," Del Rosario said as he virtually reported ....

Board Of Trustees , Department Of Human Settlements , Fund On , Home Development Mutual Fund Pag , Fund Board Of Trustees , Home Development Mutual Fund , Human Settlements , Urban Development , Secretary Eduardo Del Rosario , Rizaldy Moti , Chief Executive Officer , Record High Pag Ibig Fund Board Of Trustees Chairperson And Housing Czar , Secretary Eduardo Del Rosario , Eports The Accomplishments Of Agency For 2021 On Thursday Feb 24 , 022 The Home Development Mutual Fund Pag Ibig Loggeda Record High Php34 73 Billion Net Income Despite Covid 19 Pandemic In 2021 Screengrab Via Zoom Manila Logged Prevailing Coronavirus Disease Last Year Department Of Human Settlements And Urban Dhsud Secretary Eduardo Del Rosario , Ho Also Heads The 10 Member Pag Ibig Fund Board Of Trustees , Aid The 2021 Net Income Is Highest Ever Recorded By Fund For Past Five Years Quot As We Close Our Books , I Am Happy To Report That Your Pag Ibig Fund Achieved Another Milestone Our Strong Performance Last Year Led Us Reacha Net Income Of Php34 73 Billion , Uot Del Rosario Said As He Virtually Reported The 2021 Accomplishment Of Pag Ibig Fund On Thursday Quot This Is Our Highest Net Income Ever , Urpassing By 9 5 Percent Our Php31 71 Billion Net Income In 2020 And Topping The Previous Record Of Php34 37 Netted 2019 , Uot He Added Del Rosario Also Noted That The Fund Has Breached Php30 Billion In Five Consecutive Years Since 2017 Quot Our Members Will Directly Benefit Because We Shall Again Go Beyond What Is Required Of Us By Declaring Over 86 Percent Net Income As Dividends For Their Savings , Uot He Added The Pag Ibig Fund Charter Requires Agency To Declare At Least 70 Percent Of Its Annual Net Income As Dividends Be Credited Quot Proportionately Members 39 Savings Management , Ecommended Setting Aside 86 56 Percent Of Its Net Income As Dividends To Maximize The Benefit Members During Second Year Pandemic Del Rosario Said Recommendation Is Subject Approval Board Trustees Screengrab Via Zoom Acmad Rizaldy Moti , Ag Ibig Fund Chief Executive Officer , Aid The Dividend Rates On Member 39s Savings Both Mandatory And Voluntary Will Remain Higher Than Other Instruments Available In Market Quot We Know That Many Of Our Members Have Been Asking About Now Can Finally Share News For 2021 , Ividend Rates Will Remain Above 5 Percent ,

Pag-IBIG savings program hits record P25.9 billion

Pag-IBIG savings program hits record P25.9 billion
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Pag-IBIG records nearly P26-B MP2 savings in 2021

MANILA -Pag-IBIG Fund has posted a record-high PHP25.95 billion savings collection under its modified savings program (MP2) in 2021 even under the pandemic. Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo del Rosario, who also chairs the 11-member Pag-IBIG Fund Board of Trustees, noted that uncertainties such as the pandemic would not hinder Filipinos from securing their hard-earned money. The Pag-IBIG Fund's MP2 savings collection in 2021 hit a staggering growth of up to 95 percent from its previous PHP13.23 billion collection in 2020. "Even amid some uncertainties caused by the pandemic, the MP2 proved to be one of our most sought-after programs," del Rosario said in a news release on Friday. The housing czar also emphasized that MP2 has traditionally provided higher returns on savings, thus, more and more members are preferring to grow their hard-earned savings with Pag-IBIG Fund. Del Rosario said the Fund will be announcing its dividend ....

Department Of Human Settlements , Fund Board Of Trustees , Human Settlements , Urban Development , Secretary Eduardo Del Rosario , Chief Executive Officer Acmad Rizaldy Moti , Manila Pag Ibig Fund Has Posteda Record High Php25 95 Billion Savings Collection Under Its Modified Program Mp2 In 2021 Even The Pandemic Department Of Human Settlements And Urban Development Dhsud Secretary Eduardo Del Rosario , Ho Also Chairs The 11 Member Pag Ibig Fund Board Of Trustees , Oted That Uncertainties Such As The Pandemic Would Not Hinder Filipinos From Securing Their Hard Earned Money Pag Ibig Fund 39s Mp2 Savings Collection In 2021 Hita Staggering Growth Of Up To 95 Percent Its Previous Php13 23 Billion 2020 Quot Even Amid Some Caused By , He Mp2 Proved To Be One Of Our Most Sought After Programs , Uot Del Rosario Said Ina News Release On Friday The Housing Czar Also Emphasized That Mp2 Has Traditionally Provided Higher Returns Savings , Ore And More Members Are Preferring To Grow Their Hard Earned Savings With Pag Ibig Fund Del Rosario Said The Will Be Announcing Its Dividend Rates For 2021 After Finalizing All Reports Year Quot Helping Create Financially Secure Filipino Workers Is Our Contribution National Government 39s Efforts Towards Economic Recovery , Uot He Added The Savings Program Facilitatesa Special Voluntary Of Its Members Witha Five Year Maturity Premium 0 5 Percent From Required Initial Php500 , Embers Can Save More And Earn Even Higher Dividends On Top Of The Regular Savings It Is Open To Pensioners Retirees Who Were Former Pag Ibig Fund Members , S Long As Quot They Had At Least Two Years Worth Of Savings Prior To Retirement Meanwhile , Ag Ibig Fund Chief Executive Officer Acmad Rizaldy Moti Citeda Significant Increase In The Number Of Cumulative Mp2 Savers Witha Notable Growth 42 Percent From Having 508 , 522 Members In 2020 Increased To 721 , 980 In 2021 Quot We Thank Our Members For Their Enduring Support The Mp2 Even During These Challenging Times Because You Choose To Save , T Has Always Been One Of Our Most Impressive Programs Prior To The Pandemic , E Had Just Achieved Our Best Year In 2019 , Uot Moti Said Assured The Members That Their Savings Are Safe And Will Continue To Grow Quot While Many Lessons Were Learned During Last Two Years Of Pandemic , E 39 Ve Also Learned That Your Trust In Pag Ibig Never Waned As The Mp2 Not Only Remained Firm But Grew To Record Levels 2020 And 2021 , Uot Moti Said Pna ,

Completion of 'Yolanda' housing projects on track, NHA official says

The National Housing Authority (NHA) assured on Tuesday that the completion of housing projects for those affected by the onslaught of Supertyphoon “Yolanda’” (international code name Haiyan) in November 2013 is on track. In a news conference on Tuesday, NHA Assistant General Manager Victor Balba told reporters that the Yolanda… ....

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Next admin to be guided by 20-year housing roadmap

National Housing Authorityresettlement site for informal settlers, Palayan City, Nueva Ecija(Photo courtesy of DHSUD) MANILA - A transition committee will assure continuity of the 20-year housing and urban development strategic plan and roadmap and will work with the next administration. The multi-agency National Human Settlements Board approved the 20-year roadmap last year, officially called the National Housing and Urban Development Sector Plan (NHUDSP). The 20-year plan envisions better, greener and smarter human settlements and urban systems with banner projects aiming to create spaces, transform spaces into communities, make communities accessible and affordable, and empowering communities. It also focuses on the critical groups who are in immediate need of housing, such as informal settler families. "We already have created a transition committee once the new administration will designate new housing officials. Actually, we are now ready to transition. We can pass over all ....

Department Of Human Settlements , Development Sector Plan , National Housing , National Human Settlements Board , Urban Development Sector Plan , Human Settlements , Urban Development , Secretary Eduardo Del Rosario , Quezon City , Del Rosario , National Housing Authorityresettlement Site For Informal Settlers , Palayan City , Ueva Ecija Photo Courtesy Of Dhsud Manilaa Transition Committee Will Assure Continuity The 20 Year Housing And Urban Development Strategic Plan Roadmap Work With Next Administration Multi Agency National Human Settlements Board Approved Last , Fficially Called The National Housing And Urban Development Sector Plan Nhudsp 20 Year Envisions Better , Reener And Smarter Human Settlements Urban Systems With Banner Projects Aiming To Create Spaces , Ransform Spaces Into Communities , Ake Communities Accessible And Affordable , Nd Empowering Communities It Also Focuses On The Critical Groups Who Are In Immediate Need Of Housing , Uch As Informal Settler Families Quot We Already Have Createda Transition Committee Once The New Administration Will Designate Housing Officials Actually , E Are Now Ready To Transition We Can Pass Over All The Projects And Programs That Doing If They Amenable Continue With Our , T Is Now Ready , Uot Department Of Human Settlements And Urban Development Dhsud Secretary Eduardo Del Rosario Said Ina Press Conference At The Quezon City Central Office On Tuesday Roadmap Provides Continuity For Next Three Administrations Quot Before We Crafted This Strategic Plan , E Consulted Everybody , Ll Stakeholders Of The Sector From Housing Developers , Nd Even The Urban Poor Associations They Are All Included In Crafting Of This Cycle Plan , Aya So We Can Say That The Product Of This Isa Combination All Sectors To Ensure Havea Strategic Roadmap Would Be Adaptable Needs People ,