The Home Development Mutual Fund (Pag-IBIG Fund) reported on Wednesday that its net income reached P31.18 billion in 2020, the fourth straight year it had exceeded the P30-billion mark, despite the impact of the coronavirus pandemic.
According to the agency, the amount was a 9-percent decrease from 2019’s P34.37 billion. Gross income, meanwhile, stood at P44.99 billion.
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