Home Development Mutual Fund · Makati, Metro Manila Philippines
Company Description
View Home Development Mutual Fund Locations On A US Map
This link will open in a new window
This link will open in a new window For this financial services company, time flies when you're having funds. The Home Development Mutual Fund (more commonly known as the Pag-IBIG Fund) is one of the premier financial institutions in the Philippines. It caters to mostly middle-income workers, but also loans to residential developers. As one of the largest financiers of housing loans in the country, the state-run company issues housing bonds (used to finance its housing loan program), offers multi-purpose loans (for medical, educational, and minor home improvement assistance), and provides disaster relief financial assistance. The Home Development Mutual Fund was established by the government in 1978. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Home Development Mutual Fund Financials
| Company Type | Government-owned Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $12,684.3 |
| Employees | 2,500 |
Home Development Mutual Fund Executives
106 executives listed for Home Development Mutual Fund's Makati, Metro Manila location.
| Title | Name & Bio | Contact |
| Chairman | Noli De Castro | Network |
| Vice Chairman | Roberto Tan | Network |
| CEO and Trustee | Jaime Fabiaña | Network |
Competition
Competitive Landscape for Home Development Mutual Fund
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top Home Development Mutual Fund Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!