Pag-IBIG net income hits P28B, highest in agency history

Pag-IBIG Fund reported a 15 percent increase in net income in the first half of 2025, marking the agency’s highest earnings for the period in its 45-year history.

From January to June, the agency’s net income reached P28.04 billion, up P3.71 billion from the same period in 2024. Gross income also rose by 11.65 percent to P44.39 billion, according to figures released Friday.

Officials attributed the gains to improved collections and higher income from its housing and short-term loan portfolios.

“This performance shows how excellently we are managing the funds that our members have entrusted to us,” said Department of Human Settlements and Urban Development Secretary Jose Ramon Aliling, who also chairs the Pag-IBIG Fund Board of Trustees.

Aliling said the agency’s financial position supports ongoing efforts under the Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program, in line with the administration’s goal of expanding access to affordable housing.

Investment returns also played a key role in the earnings increase. Income from investments surged by 51.79 percent year-on-year to P4.27 billion, driven by placements in bonds, debt securities, money market instruments, equities, and properties. Investment earnings accounted for 5.56 percent of total gross income.

As of June 2025, the agency’s total assets stood at P1.14 trillion, up 7.02 percent or P74.9 billion from the year-end 2024 figure.

Pag-IBIG Fund Chief Executive Officer Marilene Acosta said the agency’s performance directly benefits members, noting that under its charter, at least 70 percent of net income is returned to members as dividends.

“Pag-IBIG Fund is owned by its members—the Filipino workers. It is our duty to grow and protect their savings,” Acosta said.

She added that the agency remains focused on delivering social benefits through competitive savings returns and affordable home financing, in line with directives to improve access to quality housing and uplift lives.