THE Home Development Mutual Fund (HDMF) commonly known as Pag-IBIG Fund has achieved a record-high net income of P41.35 billion in the first half of 2026, marking a 24-percent increase compared to the same period last year, its top official revealed on Tuesday.
Pag-IBIG CEO Marilene Acosta said the agency’s strong performance was driven by its sustained earnings from its housing and short-term loan portfolios, higher investment yields, and disciplined cost management.
The robust results came even as Pag-IBIG reduced housing loan interest rates and raised its maximum loanable amount to P10 million — a testament to the agency’s enduring financial resilience and its capacity to make home financing more accessible under President Ferdinand Marcos Jr.’s expanded Pambansang Pabahay para sa Pilipino (4PH) program, Acosta said.
The HDMF chief executive underscored that the agency’s stronger earnings ultimately redound to the benefit of its members, as a significant portion of its annual net income is returned to them in the form of dividends credited to their savings.
“We fully recognize the trust our members place in Pag-IBIG Fund to safeguard their hard-earned savings and help their money grow. This trust is evident in the fact that, in recent years, voluntary savings from our members have accounted for more than half of our total collections. That is why we continue to manage every peso with the utmost prudence and pursue the highest possible returns, while simultaneously providing affordable home financing under Expanded 4PH,” Acosta said in a statement.
“Through these efforts, we help fulfill the President’s vision of enabling more Filipino families to enjoy better, more dignified lives through homeownership and greater financial security,” she added.
Housing Secretary Jose Ramon Aliling, who chairs Pag-IBIG’s board of trustees, said the HDMF’s solid financial footing enables it to advance the government’s housing agenda while prudently managing and growing the savings of Filipino workers.
“President Ferdinand Marcos Jr. has directed us to make homeownership more affordable and attainable for more Filipino families through Expanded 4PH. As the program gains traction — with more housing projects taking shape and more families gaining opportunities to own their homes — Pag-IBIG Fund plays a pivotal role by providing affordable financing that sustains this momentum,” Aliling said.
He added that its financial strength allows it to open more doors to homeownership and help Filipino workers realize their dream of having a place to call their own, all while carefully managing and growing the savings entrusted to the agency.
In the same statement, Pag-IBIG said closed the first half with a stronger balance sheet, with total assets reaching P1.32 trillion as of June 30, 2026 — a growth of over 6 percent or P81.95 billion, from the P1.23 trillion recorded at the end of 2025.
Acosta reported that gross income rose by 19 percent, or P8.58 billion, to P52.98 billion from P44.39 billion in the prior year while the investment income — derived primarily from bonds, preferred shares, and time deposits — surged by 47 percent, or P2.18 billion, to P6.85 billion, accounting for nearly 13 percent of gross income.
