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Pag-IBIG Fund was founded by virtue of Presidential Decree No. 1530 [1] [2] which was signed by President Ferdinand E. Marcos on June 11, 1978, to answer the national need for savings program and affordable housing financing. [3] Its original purpose was solely as a provident fund to encourage savings among Filipinos.
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Cost. Free of charge [1] The Unified Multi-Purpose ID ( UMID) is a Philippine identity card that was introduced in 2010. [2] The card was developed as a single card for the relations between several government-related agencies. The agency responsible for implementation is the Social Security System (SSS), and also the Government Service ...
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US$55 billion (2023) Number of employees. 577 (2022) [1] Website. www .pag .com. Footnotes / references. [2] PAG is an Asian investment firm that manages multiple asset classes, including private equity, private debt, real estate and hedge funds. It is considered one of the largest private investment firms in Asia.