Pag-IBIG releases P40-B loans in Jan-Sept

THE Home Development Mutual Fund (Pag-IBIG Fund) has disbursed P39.87 billion in cash loans in the first nine months of 2019, benefiting more than 1.9 million members.

In a statement, Secretary Eduardo D. del Rosario, chairman of the Housing and Urban Development Coordinating Council (HUDCC) and the Pag-IBIG Fund Board of Trustees, said the “amount released, and the number of members helped by our MPL (Multipurpose Loan) program in the last nine months, are the highest for any January-to-September period in the history of the Pag-IBIG Fund.”