MP2 Savings P28.75B

Pag-IBIG members save record-high P28.75B in Q1 2024, up 36%; MP2 Savings reach P15.56B, up 48%

In the first quarter of 2024, Pag-IBIG Fund members collectively saved a record P28.75 billion, setting the highest amount ever saved in the agency’s history during a first quarter, according to top officials. This represents a 36% increase—roughly P7.66 billion more than the P21.09 billion saved during the same period in 2023.

Part of the total savings collections is the agency’s Pag-IBIG Regular Savings, which saw a 25% increase from P10.58 billion in the first quarter of 2023 to P13.19 billion this year.

“Our strong savings collections reflect the trust and confidence our members place in us, along with our ability to prudently manage their savings. Pag-IBIG Fund’s strong financial position enables it to offer low interest rates and support the financing side of the Pambansang Pabahay Para sa Pilipino (4PH) program, a flagship program of President Ferdinand Marcos, Jr.,” 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.

In February, Pag-IBIG Fund implemented the new mandatory monthly savings rates of P200 for both the employees and the employers’ share. The increase was the first ever increase that Pag-IBIG Fund implemented since it was established in 1986. 

Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, meanwhile, noted that the agency’s popular MP2 Savings continues to drive the growth of its members’ savings. The voluntary savings program maintained its growth, with members saving a record-high P15.56 billion, which accounted for 54% of the total savings collected in the quarter.

Acosta further highlighted the continued trust and confidence of their members, as shown in the consecutive years of record-highs in savings collections. 

“With the implementation of the new mandatory monthly contribution rates of P200 from both members and employers, Pag-IBIG members can expect substantial savings in the future and access to higher cash loans. Our goal remains the same – to maximize the growth of our members’ savings and keep home loan interest rates low”, Acosta said. 

Source: Pag-IBIG Fund.

Pag-IBIG Fund Awards Top Developers and Employers

Pag-IBIG Fund Awards Top Developers and Employers in National Capital Region

Pag-IBIG Fund recognized top developers and employers in National Capital Region for the first leg of the 2023 Stakeholders' Accomplishment Report (StAR) held in Pasay City on Tuesday (16 April 2024). 

Here's the Complete List of Pag-IBIG Star Awardees in the National Capital Region for 2023:

Top Developers

1. 8990 Group of Companies
2. Raemulan Lands, Incorporated
3. Axeia Group of Companies
4. Homemark Group of Companies 
5. The New APEC Group of Companies
6. Charles Builders Group of Companies
7. Westchester Realty Corporation
8. Borland Development Corporation
9. Pacific-Town Property Ventures Incorporated
10. Citi-Homes Builder Group of Companies

NCR North East Top Employers in Government Sector

- The House of Representative 

- Bureau of Jail Management 

- National Center for Mental Health

NCR North East Top Employers in Private Sector

- Robinsons Supermarket Corporation

- Sitel Philippines Corporation 

- United Laboratories Incorporated (UNILAB)

NCR North South West Top Employers in Government Sector

- Finance Center Philippine Army (FCPA) 

- The City Government of Makati 

- Metropolitan Manila Development Authority (MMDA)  

NCR North South West Top Employers in Private Sector

- Lizard-Bear Tasking Incorporated 

- Optum Global Solutions Philippines Incorporated 

- DBP Service Corporation (DBPSC)  

Top Collection Agency

- S.P. Madrid & Associates

Special Awards and Citations

Top Manning Agency: Magsaysay Maritime Corporation

Top Loyalty Card Partner in National Category: PH Global Jet Express Incorporated or (J&T Express)

Top Loyalty Card Partner in Regional Category: CW Marketing and Development Corporation

Highest in Number of Units Taken Out: Raemulan Lands, Incorporated

Best in Conversion: Pacific-Town Property Ventures Incorporated 

Best in Performing Loans Ratio: Borland Development Corporation 

Best in Performing Accounts Ratio: Citi-Homes Builder Group of Companies

The event also saw Pag-IBIG Fund and its stakeholders renew their pledge to integrity, in line with their shared effort to conduct all transactions with utmost professionalism and integrity towards achieving the highest tenets of public service.

The Pag-IBIG StAR is held by the agency to apprise stakeholders in each of the country’s major regions of its accomplishments, and recognize them for their outstanding contributions.

Sagisag Award

Pag-IBIG Fund wins PS-DBM 'Sigasig' Award

Pag-IBIG Fund Senior Vice President Elmer Gabriel Tugade and Administrative Services Officer V Vanessa Valderama receive the first ever 'Sigasig' Award from officials of the Procurement Service-DBM at a ceremony held at the PICC on February 29. 

According to PS-DBM, the award recognizes the resolve of Pag-IBIG Fund in having procurement projects, posted in the PhilGEPS, awarded. 

This highlights Pag-IBIG's commitment to uphold transparency and efficiency in its operations.

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DIPLOMA o DISKARTE?

Diploma o 💡 Diskarte: Alin ang Iyong Pinakamabisang Laban?

Sa larong buhay, ang edukasyon at diskarte ay parehong mahalagang baraha. 

🃏 Habang ang diploma ay nagbubukas ng mga pinto sa pamamagitan ng pormal na kwalipikasyon, ang "diskarte" naman ay naglalayong magbigay solusyon sa pamamagitan ng katalinuhan at kakayahan. 

🌟 Sa pagtatagpo ng kaalaman at katalinuhan, naroon ang tagumpay. 

💼 Ano ang landas na pipiliin mo upang malampasan ang iyong mga hamon? Alamin natin ito ng sama-sama! 

Kabayan, hindi ka pwedeng umasa lang sa DIPLOMA.

Ano ba ang diploma? Ang DIPLOMA ay isa lamang na kapirasong papel na pinaganda, ginawan ng disenyo at nilagdaan ito ng mga kinauukulan at ito ang batayan at nagsasabi na nakapasa ka sa lahat ng examinations mo sa'yong iskwelahan.

Pero hindi ibig sabihin na kapag meron ka diploma ay magiging successful ka na.

Alam mo ba na halos karamihan ay merong diploma pero hindi nagamit yung inaral nila.

Hindi ibig sabihin pag may diploma ka, masaya ka na.

Maraming may diploma pero iba ang trabaho.

Maraming may mga diploma pero hindi parin sila umasenso at hindi sila masayan sa buhay nila.

Kasi yung pinag aralan nila ay hindi akma sa trabaho nila ngayon at hindi naman talaga iyon ang passion nila.

Hindi ka din pwedeng umasa sa DISKARTE lamang…

Ang Diskarte kasi ibig sabihin ay ang pagiging maparaan. (Resourcefulness)

Kailangan mo lang ng matinik na DISKARTE kapag may problema ka na kailangan i-solved. Hindi mo kailangan ng diskarte araw-araw.

Diploma o Diskarte? Alma mo ba na ang pinaka importate at pinaka kailangan natin ay Dedikasyon!

Kasi kapag may dedikasyon ka sa ginagawa mo, panigurado magbubunga yung ginagawa mo, kahit ano pa yan…. Trabaho o negosyo!

Kapag binuhos mo ang ang 'yong oras, effort at buhay mo sa isang bagay na gustong gusto mo at ginagawa mo, imposibleng hindi ka maging successful.

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Ibuhos mo lang naman ang buhay mo or ibigay mo ang didikasyon mo sa something na mahalaga at magpapasaya sayo.

Diploma o Diskarte? Hindi mo kailangan mamili. 

Pwede meron ka ng isa dyan, pwedeng parehas meron ka, pwede din parehas wala ka nyan.

Pero ang hindi pwedeng mawala, at ang kailangan nating lahat ay DEDIKASYON. Dahil sa totoo lang ay maraming tao ngayon ang wala nyan.

Ikaw, ano yong pananaw o openyon mo, DIMPLOMA o DISKARTE?

#DiplomaVsDiskarte #BuksanAngIyongPotensyal #EdukasyonAtKatalinuhan

2023 Dividend Rates for P1 at MP2 Savings

2023 DIVIDENDS and RETURNS are higher this year!

Pag-IBIG Fund has formally unveiled the highly-anticipated Pag-IBIG Savings Dividend rates for Y2023 in today's Chairman's Report on February 27, 2024. 

President Ferdinand R. Marcos, Jr., together with Pag-IBIG CEO Marilene C. Acosta, unveiled the dividend rates of:

[P1] Pag-IBIG Regular Savings: 6.55% per annum

[MP2] Pag-IBIG MP2 Savings: 7.05% per annum

#PagIBIGFund

#ChairmansReport

#2023DividendsAnnouncement