Pag-IBIG Fund said its total assets have grown to more than P1.1 trillion as of March 31, 2025.
In a statement over the weekend, Pag-IBIG said total assets rose by P34.37 billion as recorded in the first quarter, from P1.069 trillion as of end-2024.
A growing loan portfolio, prudent investments and robust member savings, helped make this possible, the government-owned and -controlled corporation said in a statement.
Its equity base stood at P776.52 billion in January to March, which consists of the combined value of members’ equity, retained earnings, and other reserves.
The company said this strong financial footing will enable the agency to grow the value of its members’ savings while continuing to provide accessible loan programs to its 16.55 million active members.
It maintained P21.29 billion in cash and cash equivalents and expanded its investment portfolio to P133.06 billion.
Its other major asset components include property and equipment, investment properties and various non-current assets.
Pag-IBIG disbursed P30.22 billion in housing loans in the first quarter of 2025.
In 2024, it released P129.73 billion in home loans, the highest on record.
Total membership savings collections reached P40.41 billion in January to March 2025, a 41-percent increase from P28.76 billion collected in the same period last year.
Pag-IBIG also reported a strong performing loans ratio of 94.13 percent.
