Home Development Mutual Fund or Pag-IBIG Fund on Thursday said it has released P15.82 billion worth of cash loans from January to April this year. In a statement, Pag-IBIG said the cash loans released in the first four months of 2023 grew by 5% from P15.10 billion released in the same period last year.
Home Development Mutual Fund or Pag-IBIG Fund on Thursday said it has released P15.82 billion worth of cash loans from January to April this year.
Under Pag-IBIG’s Multi-Purpose Loan or MPL, qualified members can borrow up to 80% of their total Pag-IBIG regular savings, which consists of their monthly contributions, their employer’s contributions, and accumulated dividends earned.
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