Pag-IBIG Fund earns P22.8B in H1 2020

The Philippines’ Pag-IBIG Fund (Home Development Mutual Fund) has reported earnings of over P22.8 billion in the first half of 2020. From January to June, Pag-IBIG Fund’s gross income reached P22.82 billion, driven mainly by earnings from its housing loans and short-term loans (STL). The agency’s net income, meanwhile, amounted to P14.14 billion.

Source: Pag-IBIG

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