
Upgrade to High-Speed Internet for only ₱1499/month!
Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.
Visit Suniway.ph to learn
Louise Maureen Simeon - The Philippine Star
May 26, 2025 | 12:00am
Pag-IBIG Fund on August 20, 2024.
Philstar.com / Irra Lising
MANILA, Philippines — Assets of Home Development Mutual Fund, commonly known as Pag-IBIG Fund, reached P1.1 trillion in the first quarter on the back of better investments and savings from members.
In a statement, Pag-IBIG said its total assets stood at P1.1 trillion as of end-March as it maintained its financial strength due to the sustained expansion of loans, increased member savings and strategic management of its investment portfolio.
During the quarter, member savings soared by 41 percent to P40.4 billion, as both regular and voluntary savings via the Modified Pag-IBIG 2 Savings increased.
Pag-IBIG posted an equity base of P776.52 billion, representing the combined value of members’ equity, retained earnings and other reserves.
Pag-IBIG Fund CEO Marilene Acosta said the agency’s strong financial footing enables it to steadily grow the value of its members’ savings while continuing to provide accessible loan programs.
Further, Pag-IBIG maintained P21.29 billion in cash and cash equivalents and expanded its investment portfolio to P133.06 billion, focusing on liquidity and income- generating placements.
Other major asset components include property and equipment, investment properties and various non-current assets.
Pag-IBIG’s performing loans ratio settled at 94.13 percent, which Acosta said is a reflection of sound portfolio management and sustained borrower discipline.
Currently, Pag-IBIG has 16.58 million active members.