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Pag-IBIG Fund releases record-high P44-B home loans in H1 2021, up 113%


Published July 15, 2021, 1:06 PM
Despite the pandemic, Pag-IBIG Fund achieved another record by releasing over P44 billion in home loans in the first half of 2021, top officials announced on Friday (July9).
From January to June, the agency released home loans worth P44.34 billion -the highest amount ever released during the first half of the year -and more than double the P20.80 billion it released during the same period in 2020.
Compared with theP37.07 billion released during the pre-pandemic period of January to June 2019, when strict community quarantines in Metro Manila and parts of Luzon had yet to be implemented, disbursement in the first half of 2021 is higher by nearly 20%. ....

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