Pag-IBIG members save record-high P26 B in MP2, up 95% in 2021.
Amid the ongoing health crisis, Pag-IBIG Fund members still showed preference for the MP2 savings program in 2021 as total savings reached nearly P26 billion, setting yet another record for the amount saved voluntarily by members in a year, agency officials said.reached P25.95 billion in 2021, achieving a staggering growth of 95% from the P13.23 billion collected in 2020.
“Even amid some uncertainties caused by the pandemic, the MP2 proved to be one of our most sought-after programs. Because the MP2 has traditionally provided higher returns on savings, more and more members are preferring to grow their hard-earned savings in Pag-IBIG Fund. As we finalize all reports for the year, we will be announcing the dividend rates for 2021 very soon.
Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti, meanwhile, said that the number of cumulative MP2 savers also increased last year. In 2020, there were 508,522 MP2 savers. By the end of 2021, the total number of MP2 savers increased 42% to 721,980. “We thank our members for their enduring support for the MP2 even during these challenging times. Because you choose to save in MP2, it has always been one of our most impressive programs.
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