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Pag-IBIG holds forum for employers, fund coordinators

SAN JOSE, Antique (PIA) -- Pag-IBIG Fund, otherwise known as Home Development Mutual Fund (HDMF), recently held the Employers’ and Fund Coordinators’ Forum in this province to present updates and discuss issues and concerns on its programs and services.

Pag-IBIG Fund reiterated that the regular savings from the members’ monthly contributions offer competitive and government-guaranteed dividends which reached 6.53 percent in 2022.

Meanwhile, the Fund’s Modified Pag-IBIG II savings, popularly known as MP2, earned a higher return rate than the Pag-IBIG Regular Savings at 7.03 percent last year.

The MP2 Savings Program is a voluntary savings facility with a 5-year maturity that is designed for active Pag-IBIG members who wish to save more and earn higher dividends, in addition to their regular savings.

In his message, Pag-IBIG Western Visayas area head Ronnie Abelo expressed hope in growing the Fund further in this province, which he said is intended to extend help to Filipinos who wish to save and avail themselves of shelter financing.

He then assured stakeholders of the robust state of the Fund, attributable to the over 15.5 million strong membership 

Pag-IBIG Western Visayas area head Ronnie Abelo (left) and Pag-IBIG Antique Branch manager Donald Alton Cahilo (right) pose for a photo opportunity with participants of the Employers' and Fund Coordinators' Forum at San Jose de Buenavista town.

throughout the country and total assets of Php 873.15 billion as of June 2023.

Apart from the savings programs, Abelo also highlighted other benefits and privileges that members enjoy, such as affordable housing loans, calamity loans, multi-purpose loans, and more.

Pag-IBIG Fund Antique Branch manager Donald Alton Cahilo delivers his message during the Employers' and Fund Coordinators' Forum at San Jose de Buenavista town.

The official also enjoined the employers and fund coordinators present at the event to take advantage of the easy and convenient Virtual Pag-IBIG online services when doing transactions.

Meanwhile, Pag-IBIG Fund Antique Branch manager Donald Alton Cahilo stressed that Pag-IBIG Fund services are there to help Antiqueños, especially those underserved.

Further, with the declaration of the State of Calamity (SOC) in the province because of Habagat and Typhoon "Goring," Cahilo said that calamity loan applications will be accepted until the first week of December.

For her part, Asia United Bank (AUB) Antique branch manager Carren Palacios enjoined Fund members to get their 

Loyalty Card Plus to receive exclusive benefits and privileges from partner merchants.

Pag-IBIG Fund Antique Branch is located on the second floor of Robinsons Antique and is open from Monday to Saturday (08:00 a.m. to 05:00 p.m.). (AGP/FG/BPS/PIA Antique)

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Bernard Ceasar Susbilla

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Region 6

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