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Pag-IBIG Fund netted a record-high revenue of P38.06 billion from January to October 2022, the company’s prime executives introduced on Dec. 12.
“I’m pleased to report that Pag-IBIG Fund continues its sturdy efficiency this yr. Our P38.06 billion web revenue in simply the primary ten months of the yr has already surpassed the P34.73 billion we posted in all of 2021. Our efficiency reveals how excellently we’re managing the funds that our members have saved with us. This locations us in a powerful place to proceed offering social companies and assist extra Filipinos achieve higher lives, according to the directive of President Ferdinand Marcos, Jr.,” mentioned Secretary Jose Rizalino L. Acuzar of the Division of Human Settlements and City Growth (DHSUD), who serves as chairperson of the 11-member Pag-IBIG Fund Board of Trustees.
Pag-IBIG Fund Chief Government Officer Marilene C. Acosta, in the meantime, acknowledged that the company’s complete property have now reached P810.07 billion, gaining practically 10% or P65.49 billion from the yearend 2021 stage. She added that even with nonetheless two months left earlier than the yr ends, the company’s accomplishments as of October already present that it shall have its best-performing yr but.
“We thank our members and stakeholders for his or her unwavering belief and help, which has allowed us to realize one other banner yr. From our accredited builders in constructing and delivering high quality housing initiatives and accounts, to the enterprise group for the well timed remittance of their workers’ month-to-month financial savings and mortgage funds, to our members who proceed to avoid wasting extra with us and select our mortgage packages, and to our debtors for his or her immediate cost on their loans. The sum of all these elements is a stronger-than-ever Pag-IBIG. We depend on their continued help in order that we are able to keep our exceptional development and assist much more Filipino staff uplift their lives via financial savings and by gaining properties of their very own,” Acosta mentioned.
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