Pag-IBIG Recognizes Top Mindanao Partners
2019 May 1 | by rei
To show its appreciation to its partners and stakeholders, the Pag-IBIG Fund recently recognized the best performing developers and employers as it held the Mindanao leg of its Stakeholders Accomplishment Report (StAR) awards in Cagayan de Oro City.
The Pag-IBIG StAR aims to distinguish organizations and individuals who contributed to the agency’s stellar performance last year.
“Pag-IBIG achieved another banner year in 2018 as our net income, loan releases and payment collections broke previous records,” Secretary Eduardo del Rosario, chairman of the Housing and Urban Development Coordinating Council, said.
“We could not have done it all without the unrelenting support from our partner-employers and developers,” he added.
In Mindanao, Pag-IBIG recognized 8990 Housing Development Corporation, VCDU Realty Corporation, Agan Land Corporation, Bria Homes Inc., Liberty Land Corporation and Malate Construction and Development Corp.
Also, named top developers based on the amount of home loans released were Mc Gregor Development Corporation, Primeland Properties Inc., Prestige Homes and Realty Development Corp. and Pueblo De Oro Development Corporation.
Special citations were given to Pueblo de Oro Development Corporation for best in conversion, VCDU Realty and Development Corporation for best in performing loans ratio and the Prestige Homes and Realty Development Corporation for best in performing accounts ratio.
While named top collection agencies for 2018 were SP Madrid and Associates, GCCS and Associates and Molaer Law Office.
Pag-IBIG Fund also recognized the main campus of the Mindanao State University, the Provincial Government of Bukidnon and the Philippine Army as top employers in the government sector.
Meanwhile, Tagum Agricultural Development Company Inc., DOLE Philippines Inc. and General Services Cooperative were named top employers in the private sector.
“We conduct the StAR to recognize their efforts to help the Fund. We want to maintain the good business relationship with all our stakeholders as we work to heed the call of President Rodrigo Duterte to provide working Filipinos with social benefits they deserve,” Del Rosario added.
Pag-IBIG StAR debuted on 3 April in the National Capital Region with its second leg held last 10 April in Muntinlupa City for South Luzon.
Within the next few weeks, the Fund will hold the same event in Cebu City for stakeholders in Visayas and in Pampanga for stakeholders in Northern Luzon.