CARD SME Bank opens 41st Branch in Narra, Palawan

Posted on August 16, 2024

Written by: Josephine Ramos

The expansion was spearheaded by CARD MRI Managing Director Aristeo Dequito, CARD SME Bank President and CEO Cynthia Baldeo, some key officers of CARD MRI, staff, and clients.

CARD SME Bank, a thrift bank under CARD Mutually Reinforcing Institutions (CARD MRI), opened its 41st branch in Narra, Palawan on August 12, 2024.

“Our newest branch is proof of the institution’s unwavering dedication to widen our reach. We aim that through this, we can extend our hand to local communities, offering financial support to micro, small, and medium entrepreneurs to grow their businesses,“ CARD SME Bank President and CEO Cynthia Baldeo stated.

The said opening also introduces “Senior’s Hub,” a space where seniors can comfortably enjoy CARD SME Bank’s products and services while waiting for their turn. This initiative is part of the institution’s commitment to inclusivity and customer care, ensuring that all clients receive the best possible service regardless of age.

CARD MRI Managing Director Aristeo Dequito and CARD SME Bank President and CEO Cynthia Baldeo, along with some key officers of CARD MRI, staff, and clients, attended the opening.

CARD SME Bank was founded in 2011. The institution also provides value-added banking services and products to both clients and non-clients. It ranges from time deposits and savings accounts to more comprehensive products such as microfinance loans.

Its newest branch is located at Sampaloc Street, Poblacion, Narra, Palawan.

As of June 2024, CARD SME Bank had more than 1.3 million clients with more than 8.7 billion outstanding loans. For more information, visit its official Facebook page, @CARDSMEBankOfficialPage, or its website at https://www.cardmri.com/cardsmebank/.