Pag-IBIG Fund’s new love language: LAB for All

by Info @Brand Zone | June 3, 2024

Pag-IBIG Fund rolled out its Lingkod Pag-IBIG on Wheels (LPOW) during the Lab For All at the Subic Bay Exhibition & Convention Center last 21 May 2024.

The Lab for All, an initiative led by First Lady Liza Araneta-Marcos, aims to extend medical services and social security benefits to communities nationwide. As part of this effort, Pag-IBIG Fund's LPOW was on site, bringing essential services like membership registration, cash loans, housing loan applications, and issuance of Pag-IBIG Loyalty Plus cards, right into the heart of the community it serves.

Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta expressed her support for the initiative. "We are happy to continue participating in future Lab for All deployments. Our LPOW is prepared to mobilize nationwide. As Lingkod Pag-IBIG, we are committed to ensuring our members feel the warmth of Pag-IBIG through our programs and services, wherever they may be," Acosta stated.

The information contained in this communication is privileged and confidential and intended solely for the use of the individual or entity to whom it is addressed and others authorized to receive it. If you are not the intended recipient you must not disclose or use the information contained in it. If you have received this email in error please notify us immediately by return email and delete the document. Pag-IBIG Fund is neither liable for the proper and complete transmission of the information nor for any delay in its receipt. Pag-IBIG Fund accepts no liability for any damage caused by this email or its attachments due to viruses, interference, interception, corruption or unauthorized access.

Pag-IBIG Fund’s new love language: LAB for All

by Info @Brand Zone | May 29, 2024

Pag-IBIG Fund rolled out its Lingkod Pag-IBIG on Wheels (LPOW) during the Lab For All at the Subic Bay Exhibition & Convention Center last 21 May 2024.

The Lab for All, an initiative led by First Lady Liza Araneta-Marcos, aims to extend medical services and social security benefits to communities nationwide. As part of this effort, Pag-IBIG Fund's LPOW was on site, bringing essential services like membership registration, cash loans, housing loan applications, and issuance of Pag-IBIG Loyalty Plus cards, right into the heart of the community it serves.

Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta expressed her support for the initiative. "We are happy to continue participating in future Lab for All deployments. Our LPOW is prepared to mobilize nationwide. As Lingkod Pag-IBIG, we are committed to ensuring our members feel the warmth of Pag-IBIG through our programs and services, wherever they may be," Acosta stated.

The information contained in this communication is privileged and confidential and intended solely for the use of the individual or entity to whom it is addressed and others authorized to receive it. If you are not the intended recipient you must not disclose or use the information contained in it. If you have received this email in error please notify us immediately by return email and delete the document. Pag-IBIG Fund is neither liable for the proper and complete transmission of the information nor for any delay in its receipt. Pag-IBIG Fund accepts no liability for any damage caused by this email or its attachments due to viruses, interference, interception, corruption or unauthorized access.

Pag-IBIG Fund reports record-high P28.09B housing loan releases for Q1 2024

by Info @Brand Zone | May 17, 2024

Pag-IBIG Fund’s home loan releases in the first quarter of 2024 reached P28.09B— the highest amount released by the agency for any January to March period in its history, its top officials announced during the North Luzon leg of the Stakeholders Accomplishment Report (StAR) last May 10 (Friday).

From January to March, the amount of home loans released by the agency increased by P520.81 million compared to the P27.57 billion home loans released during the same period in 2023. The amount released for the first three months of the year enabled 19,817 members to acquire their own homes. 

“Pag-IBIG Fund’s performance for the first quarter of 2024 now stands as the highest in our history. This means that Pag-IBIG Fund continues to serve more Filipino workers over the years, enabling their members to have homes that they can call their own. This is in line with the government’s efforts of resolving the housing backlog and providing a better quality of life for Filipinos,” said Secretary Jose Rizalino L. Acuzar, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees. 

Pag-IBIG Chief Executive Officer Marilene C. Acosta led Pag-IBIG Fund in conducting its semi-annual stakeholder engagement events held in key regions to update members, employers, and partner-developers, regarding the state of the Fund. Aside from first-quarter accomplishments, Acosta also reported that the agency has achieved another banner year in 2023, releasing P126.04 billion pesos in shelter financing – a 7% jump from the P117.85 billion it financed in 2022. 

“We thank our stakeholders, namely the business community, for the timely remittance of their employees’ monthly savings and loan payments, our partner developers in building and delivering quality housing projects and accounts, our members who continue to save with us and choose our loan programs, and our borrowers for their prompt payment on their loan obligations. Their trust and support have always been instrumental in sustaining our growth and record-high achievements, and more importantly, in furthering our goal of providing access to affordable homeownership to more Filipino workers,” Acosta added. 

The Pag-IBIG stakeholder engagement sessions kicked off in NCR at the SMX Convention Center last April 16 and has since been held in Davao City for the Mindanao leg, Cebu City for the Visayas leg, and Alabang for South Luzon. The North Luzon leg held in Clark, Pampanga is the last of the stakeholder engagement series for the first semester. This semi-annual event was attended by more than 2,000 stakeholders nationwide.