Pag-IBIG Fund home loan hits record-high of P86.7 B in 2019

HOME loan releases of Pag-IBIG Fund posted double-digit growth for the 4th consecutive year with the agency setting new record-highs in housing accomplishments in 2019.

According to top executives, home loans released by Pag-IBIG Fund amounted to P 86.74 billion last year, which is the highest amount ever released under the agency’s housing loan program. The amount released increased by 15 percent or P11.43 billion compared to the P75.31 billion released in 2018. Members who benefitted from the loan program also increased to 95,276 from the 90,375 who borrowed last year.