Pag-IBIG Fund registered record numbers in voluntary savings and housing loans in the first four months of the year despite the ongoing health crisis.
In a statement, the Fund said from January to April, members’ savings under the voluntary Modified Pag-IBIG 2 (MP2) Savings program reached P8.65 billion.
Home loans released during the period amounted to P27.39 billion to 27,041 members.
Acmad Rizaldy Moti, Pag-IBIG Fund chief executive officer, expressed optimism the agency’s strong performance will continue throughout the year, especially as the restrictions are being eased to help the economy.
Moti said MP2 Savings collections in January to April grew 81 percent while home loan releases rose 64 percent compared to the same period in 2020.
He said in the case of MP2 alone, the amount our members voluntarily saved from January to April this year is equivalent to two-thirds or 65 percent of the amount saved in MP2 for the whole year of 2020.
