Discover How Palawan Group is Revolutionizing Finance with Its Bricktech Strategy

For nearly four decades, the Palawan Group of Companies has built a good, solid reputation for being the most trusted go-to place for pawning, remittance, and a wide range of financial transactions, catering to the diverse needs of everyday Filipinos. Their unwavering dedication to offering winning financial services and solutions to their “sukis” has popularized “I-Palawan Mo Na!”, showcasing people's deep connection and trust in their services.

With its commitment to providing “mura, mabilis at walang kuskos balungos” (affordable, fast, and hassle-free) pawning services, along with domestic and international remittances, micro insurance, and e-wallet, the Palawan Group has become the market-leading pawnshop and remittance company, offering reliable financial solutions that Filipinos can depend on, especially during times of need. Combining the extensive network of over 3,300 Palawan branches with PalawanPay, the company's digital wallet and fastest-growing app in the country, championing BrickTech strategy.  This approach merges physical branches with digital innovation, enhancing accessibility and reliability, and solidifying the Palawan Group's leadership in the financial industry.

When parents find themselves in a financial crunch such as needing quick cash to pay for their kids’ tuition, replenish their “sari-sari” store inventory, or boost their business capital,  they can pawn their jewelry at Palawan Pawnshop. Palawan's high appraisal and low interest ensures that “sukis” can avail the best rates, ultimately providing them with higher cash and take-home pay. 

 

Similarly, Palawan Express Pera Padala (PEPP) is a reliable channel for overseas Filipino workers to send money back home, guaranteeing safe and prompt money transfers through its international remittance services. With Palawan’s “cash agad ang tanggap” feature, families receive much-needed support promptly and securely. Additionally, OFW families benefit from free ProtekTODO personal insurance coverage when claiming international remittances through PEPP or PalawanPay, providing them and their families with added security and peace of mind.

 

"At Palawan, our “sukis” are at the heart of everything we do. We're dedicated to constant innovation, always seeking ways to serve them better and provide winning financial solutions through our “mura, mabilis, at walang kuskosbalungos na serbisyo,” said Karlo Eugene Castro, President and CEO of the Palawan Group of Companies.

 

As a testament to its commitment to providing a comprehensive suite of winning financial solutions for its customers, the Palawan Group of Companies continuously enhances the features of its digital wallet, PalawanPay. Seamlessly integrated with key services such as pawn renewal, international remittance claims, and ProtekTODO insurance, customers can now conveniently manage their financial needs anytime, anywhere, “pwede sa branch at pwederin sa app” (either in-branch or through the app), ensuring greater convenience and accessibility. These services and other features have propelled PalawanPay as the fastest-growing e-wallet, achieving 18M users in just 2 years.

 

One of Palawan's key strengths is its extensive network and digital innovations. With over 40,000 Palawan outlets nationwide, customers enjoy unparalleled flexibility and convenience in accessing financial services regardless of location. They can transact in-branch or through PalawanPay, the company's mobile app. It allows users to manage their financial transactions anytime, anywhere, offering a seamless blend of in-branch and online services.

 

With a legacy rooted in integrity and service excellence, Palawan has earned the steadfast loyalty of its customers for 38 years, setting standards for convenience, value, and winning financial solutions. Firmly rooted in their goal of bringing financial inclusivity to the country, they make it a point to create products and services that aim to make Filipinos’ lives easier and more convenient through more affordable means. By prioritizing customer needs and delivering exceptional, affordable service, Palawan ensures every interaction is a win-win for all its “sukis”.

 

Palawan Pawnshop, Palawan Express PeraPadala, and PalawanPay are supervised by the Bangko Sentral ng Pilipinas. For more information, go to Palawan Pawnshop and PalawanPay Websites. 

 

Palawan Pawnshop - Palawan Express Pera Padala and Philippine Veterans Bank Forge Partnership for Enhanced Cash Withdrawal Services

Palawan Group of Companies, the country's leading money remittance & pawning services company, proudly announces its alliance with the Philippine Veterans Bank (PVB). A trusted institution dedicated to serving veterans, their families, and the Armed Forces of the Philippines community, PVB brings a legacy of financial excellence.

Through this partnership, both PVB depositors, Palawan Group of Companies sukis, and other BancNet ATM cardholders gain expanded access to cash withdrawal services using BancNet ATM cards initially at over 300 company-owned Palawan Pawnshop - Palawan Express Pera Padala branches, ensuring swift access to funds for a wide range of financial transactions. PVB depositors can conveniently utilize the extensive network, strategically located near residential areas, and have the flexibility to visit Palawan branches during holidays and weekends, enhancing accessibility for their convenience. This will enable ATM cardholders to do cash withdrawals from Palawan Pawnshop - Palawan Express Pera Padala branches with the use of Point-of-Sale (POS) terminals, commonly used for payroll and regular cash withdrawals, pension and 4Ps payouts. Both companies have plans to further increase the number of branches with POS terminals in the future.

Both the Palawan Group of Companies and PVB  share a profound respect for the values of service, honor, and family. The Palawan Group of Companies’ mission has always been to serve and bridge families and friends through financial transactions helping to meet their daily needs, fund education, assist with medical needs and hospitalization, as well as build their dream houses and support in starting or expanding their businesses. PVB with its unwavering commitment to serving veterans, their families, and the entire Armed Forces of the Philippines community, has built a legacy of financial excellence.

The official contract signing ceremony took place at the head office of the Philippine Veterans Bank, attended by key executives from both organizations. Representing the Palawan Group of Companies were Cash Management Solutions Director Lisa Lou Castro-Sabado, Key Accounts Manager Rona Juan, and B2B Department Head Missy Baldemor while attendees from Philippine Veterans Bank included President and Acting CEO Renato Claravall, VP & Head of Branch Banking Group Sales Center Geraldine Romano, FVP and Chief Digital Marketing Officer Charina Balanquit,  and AVP and South Luzon Area Head, Julius Marquez.

"Our partnership with the Philippine Veterans Bank is rooted in shared values of service, honor, and family. Together, we're committed to enhancing customer service, ensuring convenient access to funds, and ultimately, making a positive impact on the lives we touch. This collaboration embodies our dedication to supporting dreams, ambitions, and livelihoods, " said Lisa Lou Castro-Sabado, Cash Management Solutions Director. 

“This service, in partnership with Palawan Pawnshop, will allow Veterans Bank to expand its network and customer touchpoints through the use of technology-based innovations. It will also enable the Bank to serve our clients in areas where we do not have branches, especially our veterans and their families,” said Renato Claravall

The partnership with the Philippine Veterans Bank is aligned with Palawan Express Pera Padala's commitment to improving accessibility and convenience for its valued sukis. The introduction of Cash Withdrawal withdrawal services in these branches represents a significant step toward improving financial inclusivity and the overall customer experience for Palawan sukis and depositors of the PVB.