Pag-IBIG home loan releases surpass P100B

By Mayvelin U. Caraballo

Jan 22, 2022 12:18 am

EVEN with the ongoing pandemic, state-run Home Development Mutual Fund or Pag-IBIG Fund announced it had once again established a record-high as home loans released surpassed P100 billion.

The government-owned fund said in a statement on Friday that it released home loans totaling P97.28 billion for 2021. With a total of P100.8 billion in loans for house construction and renovation released in the interim, the agency added that its overall releases for the year are the highest they've ever been.

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