CEBU, Philippines – The Home Development Mutual Fund (Pag-IBIG Fund) has extended an incentive program for housing loan borrowers who are up-to-date with their payments.
The extension, approved by Pag-IBIG Fund’s Board of Trustees headed by Vice President Jejomar Binay, will benefit some 76,000 members.
In a statement to The FREEMAN, Binay said by continuing the program, the fund further encourages its members to be good payors.
He said he is glad that a substantial number of members are paying their loans diligently and on time.
The program aimed at improving the institution’s collection efficiency by encouraging members to pay their amortizations on time.
Darlene Marie B. Berberabe, the fund’s chief executive officer, said eligible borrowers under the housing loan program are entitled to a maximum of two percent discount on their interest if they pay on or before their due date.
The fund had granted P269.8 million in discounts in 2010 alone. Since the start of the program in 2007, the fund has granted P1.2 billion in discounts to qualified borrowers.
Berberabe said over 76,000 borrowers stand to benefit from the program’s extension, which is up to May 31, 2012. — (FREEMAN)
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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