Pag-IBIG Fund released P24.7 billion in cash loans during the first half of 2017, up 8 percent from a year earlier and 2 percent higher than the target.

“We are exerting efforts to help Pag-IBIG members, as per the directive of President Rodrigo Roa Duterte to provide Filipinos with affordable loans so that they will not resort to 5-6 loan sharks,” Pag-IBIG Fund Board of Trustees head Eduardo Del Rosario said in a statement.

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