Pag-IBIG Fund’s response to aid members and stakeholders cope with the Covid-19 pandemic won a gold award under the Most Valuable Government Response category in the recently concluded 2021 Asia-Pacific Stevie Awards.
The agency also bagged two bronze awards for its efforts to protect employees’ welfare amid the pandemic under the Most Exemplary Employer category, and for the Pag-IBIG Fund 2019 Digital Corporate Annual Report under the Innovation in Annual Reports category.
The Stevie Awards is considered one of the world’s premier business awards which honors innovations and achievements of organizations worldwide. It includes among its judges many of the world’s top business leaders, entrepreneurs, educators, innovators, and executives. The Asia-Pacific Stevie Awards recognize innovation in the workplace in all 29 nations of the Asia-Pacific region. Over 900 nominations were received by the award-giving body for this year.
“We at Pag-IBIG Fund recognize our mandates and the role we play in helping our members, stakeholders and the nation cope and recover from the challenges brought about by the pandemic. That is why we immediately moved to implement programs and policies to respond to their needs, while taking care of our own employees’ welfare. These are Pag-IBIG Fund’s contributions to our nation’s recovery efforts, led by President Duterte, during these challenging times,” said Secretary Eduardo D. del Rosario, head of the Department of Human Settlements and Urban Development, and the 11-member Pag-IBIG Fund Board.
Pag-IBIG Fund’s gold Stevie Award was for its Alagang Pag-IBIG: Helping the Nation Recover from COVID-19 campaign, in recognition of the agency’s Covid-19 response to help address the needs of its members and stakeholders amid the health crisis.
The agency’s response to the health crisis in 2020 aided nearly 4.8 million members with home loans and cash loans by automatically providing them with grace periods totaling 6 months in accordance with the Bayanihan I and II Acts. The agency also aided 320,406 borrowers through its own 3-month moratorium on loan payments, offered a day after an Enhanced Community Quarantine (ECQ) was initially implemented in the country. The agency also offered a Special Housing Loan Restructuring Program which allowed 85,440 members to get better payment terms on their home loans.
Pag-IBIG also initiated programs to aid in economic recovery through a stimulus in the housing industry such as the P10 billion home construction fund available to accredited developers to boost supply of housing units, and by offering home loan promo rates to members to encourage demand.
Meanwhile, its Pag-IBIG You Can Count On: The Pag-IBIG Fund Covid-19 Communication Program was recognized with a bronze award for its achievements in keeping the agency’s employees safe while delivering service to members. The Pag-IBIG Fund 2019 Digital Corporate Annual Report: Serving the Nation with Excellence and Innovation, also bagged a bronze award for its innovative features and as the first-ever virtual annual report among government institutions in the Philippines.
“We have always committed ourselves to bring the Lingkod Pag-IBIG brand of service — Tapat na Serbisyo, Mula sa Puso – to our members and stakeholders… These awards are a testament to our commitment… especially during these challenging times,” said Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti.
