pagibig

Pag-IBIG is a government-owned and controlled corporation in the Philippines that provides social security benefits to its members. Established in 1995, it is one of the largest social security systems in the country, with over 30 million members as of 2021. Pag-IBIG offers various financial products and services, including housing loans, microfinance, and retirement savings. Its primary mandate is to provide affordable housing to low-income Filipinos through its Home Development Mutual Fund (HDMF). The corporation also plays a significant role in the country's economic development by providing financial services to micro, small, and medium enterprises (MSMEs). Pag-IBIG operates through a network of branches and service centers nationwide, making its services accessible to a wide range of Filipinos. The organization is governed by a board of trustees, with the President of the Philippines as its chairman. Pag-IBIG's services are regulated by the Bangko Sentral ng Pilipinas (BSP), the country's central bank.