Pag-IBIG Fund Posts Over P63 Billion Net Profit in Nine Months
The Philippines' Home Development Mutual Fund (Pag-IBIG Fund) reported a 23.51% increase in net profit to P63.226 billion in the first nine months, driven by strong housing and short-term loan takeouts. The fund expressed confidence in meeting year-end targets, with the MP2 savings program showing notable growth.
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