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Pag-IBIG home loan collections hit P31.97B

PAG-IBIG Fund's performing loans ratio ballooned to 92.53 percent as the housing loan payment collections hit a record high of over P31 billion in the first five months of the year.

From January to May, the agency gained P31.97 billion in house loan payments, a 15 percent increase or P4.22 billion over the same period last year.