Pag-IBIG posts record high membership, voluntary savings in Jan-Aug: CEO | ABS-CBN
ADVERTISEMENT

Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Pag-IBIG posts record high membership, voluntary savings in Jan-Aug: CEO
Pag-IBIG posts record high membership, voluntary savings in Jan-Aug: CEO
ABS-CBN News
Published Sep 11, 2023 05:15 PM PHT
|
Updated Sep 11, 2023 05:30 PM PHT

MANILA -- Pag-IBIG Fund posted record numbers again for the January to August period as more members put their trust in its voluntary savings program, an official said on Monday.
MANILA -- Pag-IBIG Fund posted record numbers again for the January to August period as more members put their trust in its voluntary savings program, an official said on Monday.
In an informal briefing, Pag-IBIG CEO Marilene Acosta said for the first 8 months of the year, the fund’s membership savings reached P59.52 billion, which is 11 percent higher compared to the same period last year.
In an informal briefing, Pag-IBIG CEO Marilene Acosta said for the first 8 months of the year, the fund’s membership savings reached P59.52 billion, which is 11 percent higher compared to the same period last year.
“Pag-IBIG fund has yet posted again record highs from January to August,” Acosta said.
“Pag-IBIG fund has yet posted again record highs from January to August,” Acosta said.
“Pag-IBIG fund is now at its strongest state yet,” she added.
“Pag-IBIG fund is now at its strongest state yet,” she added.
ADVERTISEMENT
Aside from strong contributions, Acosta said the fund collected P31.5 billion in MP2 savings, which is Pag-IBIG’s voluntary savings program.
Aside from strong contributions, Acosta said the fund collected P31.5 billion in MP2 savings, which is Pag-IBIG’s voluntary savings program.
MP2’s voluntary savings of P31.5 billion is more than 50 percent than the mandatory contributions, she said.
MP2’s voluntary savings of P31.5 billion is more than 50 percent than the mandatory contributions, she said.
"Mas malaki na po ang nakokolekta ng Pag-IBIG fund na voluntary savings against the mandatory savings.This is a sign of the trust of our PagIBIG members, because this is voluntary,” she added.
"Mas malaki na po ang nakokolekta ng Pag-IBIG fund na voluntary savings against the mandatory savings.This is a sign of the trust of our PagIBIG members, because this is voluntary,” she added.
Pag-IBIG’s housing loans released rose 6 percent, while its short-term loan released grew 8 percent for the period, Acosta said.
Pag-IBIG’s housing loans released rose 6 percent, while its short-term loan released grew 8 percent for the period, Acosta said.
It has also collected P93.5 billion in loan payments, the official said.
It has also collected P93.5 billion in loan payments, the official said.
Meanwhile, Acosta is also urging members to take advantage of the perks and benefits of using the Pag-IBIG Loyalty Card.
Meanwhile, Acosta is also urging members to take advantage of the perks and benefits of using the Pag-IBIG Loyalty Card.
ADVERTISEMENT
ADVERTISEMENT