The Palawan Group of Companies proudly announces its strategic partnership with the Philippine Veterans Bank (PVB). Renowned for its commitment to serving veterans, their families, and the Armed Forces of the Philippines community, PVB brings a rich legacy of financial excellence to this collaborative venture.

This significant alliance opens up new avenues for PVB depositors, Palawan Group of Companies’ loyal customers, and other BancNet ATM cardholders by providing an enhanced platform for cash withdrawals. Initially available at over 300 Palawan Pawnshop – Palawan Express Pera Padala branches, this collaboration ensures swift access to funds for a myriad of financial transactions. The widespread network, strategically positioned near residential areas, enables PVB depositors to conveniently utilize Palawan branches even during holidays and weekends, thereby enhancing accessibility for their convenience.

“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,” according to Lisa Lou Castro-Sabado, Cash Management Solutions Director of Palawan Group of Companies.

With this partnership, ATM cardholders can seamlessly withdraw cash from Palawan Pawnshop – Palawan Express Pera Padala branches through the use of Point-of-Sale (POS) terminals. These terminals, commonly employed for payroll and regular cash withdrawals, as well as pension and 4Ps payouts, represent a significant leap forward in financial service convenience. Both companies have outlined plans to further expand the number of branches equipped with POS terminals in the future, solidifying their commitment to meeting the evolving needs of their customers.

The synergy between the Palawan Group of Companies and PVB goes beyond mere business collaboration; it is rooted in a shared ethos of service, honor, and family values. The Palawan Group of Companies has consistently aimed to foster connections among families and friends through financial transactions, addressing their daily needs, supporting education, aiding with medical expenses, and facilitating home construction or business expansion. Similarly, PVB, with its unwavering dedication to serving veterans and the entire Armed Forces of the Philippines community, has etched a legacy of financial excellence.

“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, Philippine Veterans Bank President and Acting CEO.

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

This partnership aligns seamlessly with Palawan Express Pera Padala’s commitment to enhancing accessibility and convenience for its valued customers. The introduction of Cash Withdrawal services in these branches signifies a significant stride towards fostering financial inclusivity and elevating the overall customer experience for both Palawan sukis and PVB depositors. As these two financial powerhouses join forces, the landscape of financial services in the Philippines is set to witness a transformative shift towards greater inclusivity and customer-centric innovation.


ABOUT THE AUTHOR

Robert “Bob” Reyes is a technologist, an ICT Consultant and Tech Speaker, a certified Google IT Support Specialist, and an Open Source advocate representing the global non-profit Mozilla (makers of Firefox) in the Philippines. Bob is a Technology Columnist for the Manila Bulletin Publishing Corporation and an aviation subject matter expert contributor for Spot.PH.

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