The Palawan Group of Companies (PGC) emerged as a dominant force at the 12th Annual International Finance Awards 2024, held at the prestigious Waldorf Astoria Bangkok.
Palawan Group of Companies proudly received multiple trophies during the awarding night, recognizing their commitment to providing affordable, fast, and hassle-free services to Filipinos while championing financial inclusivity
Sweeping three major categories, PGC garnered recognition for its unwavering commitment to financial inclusion and innovative service offerings, solidifying its position as a leading financial institution in the Philippines. The company proudly accepted awards for Most Innovative E-Wallet App (PalawanPay), Best Pawning Company, and Most Innovative Remittance Company in the Philippines.
The accolades underscore PGC’s nearly 40-year dedication to providing accessible, affordable, and efficient financial services to Filipinos. Bernard Kaibigan, Group Marketing Head at PGC, expressed deep gratitude for the recognition, emphasizing the company’s core mission.
Palawan Group: Making financial services accessible to every Filipino
Palawan Group executives Bernard Kaibigan, Group Marketing Head; Ilyn Rose Dizon, Palawan Pawnshop and Jewelry Selling Brand Manager; and Jeff Dimaano, Integrated Marketing Communications Head, at the 12th Annual International Finance Awards 2024
Renowned for its financial services across the Philippines, the Palawan Group of Companies has expanded its digital payment solutions further throughout the country, including the uniformed services. “For almost four decades, we’ve strived to make financial services accessible to every Filipino, especially the unbanked and underbanked,” Kaibigan stated.
“Whether through Palawan Pawnshop, Palawan Express Pera Padala, or PalawanPay, our goal has always been to provide affordable, fast, and hassle-free services,” he further stated. Kaibigan also acknowledged the hard work of the PGC team and, most importantly, the company’s loyal customers, their “sukis,” who remain at the heart of PGC’s mission.
The International Finance Awards, established in 2013 by the UK-based International Finance magazine, are a highly respected benchmark of excellence in the global financial sector. These awards celebrate organizations and individuals who demonstrate exceptional talent, leadership, and innovation, driving market development through sustainability, financial inclusion, and technological advancement.
International Finance magazine, a prominent source of financial news and analysis, employs a rigorous research process to select winners, ensuring that the awards are bestowed upon organizations with proven track records of achievement.
PGC’s triple win highlights the company’s multifaceted approach to serving the diverse financial needs of Filipinos. Palawan Pawnshop, recognized as the “Best Pawning Company,” distinguishes itself through transparent collateral evaluation, competitive rates, and exceptional customer service. Its commitment to high appraisal values and low interest rates translates into greater cash payouts for its “sukis,” reinforcing its reputation as a reliable and trustworthy pawning partner.
Palawan Pawnshop-Express Pera Padala, a leading provider of both domestic and international remittance services, was awarded “Most Innovative Remittance Company.” With a vast network of over 10,000 outlets strategically located across the country, including remote and underserved areas, Palawan Pawnshop-Express Pera Padala ensures that Filipinos, regardless of location, have access to vital remittance services.
Innovative in-app access to a wide range of financial services
The “Most Innovative E-Wallet” award went to Palawan Group’s PalawanPay, PGC’s rapidly growing digital platform. In just two years, PalawanPay has onboarded over 20 million users, a testament to its user-friendly interface and comprehensive suite of services.
Beyond its affordable cash-in and cash-out options, PalawanPay offers innovative in-app access to a range of financial services, including pawn renewal, microinsurance, and even gold and jewelry transactions, all at competitive rates. This integrated approach provides unparalleled convenience and empowers users to manage their finances effectively through a single, accessible platform.
These prestigious awards reaffirm PGC’s position as a leader in providing accessible, affordable, and innovative financial solutions. The company’s “mura, mabilis, at walang kuskos balungos” (affordable, fast, and hassle-free) philosophy serves as the foundation for its operations, driving its commitment to raising industry benchmarks.
More importantly, PGC remains steadfast in its mission to empower Filipinos by providing inclusive financial services that cater to their diverse needs.
About Palawan Group of Companies
The Palawan Group of Companies encompasses a diverse portfolio of financial products and services, including Palawan Pawnshop, Palawan Express Pera Padala, Palawan ProtekTODO, Palawan Credit, and PalawanPay.
Trusted by Filipinos for nearly four decades, PGC is one of the fastest-growing financial institutions in the country. With its strong presence in remittance and pawning services, PGC is a market leader, boasting over 70,000 branches, Pera Padala outlets, and PalawanPay Money Shops nationwide.
PGC offers a wide array of services, from pawning and remittances (domestic and international) to microinsurance, bills payment, mobile phone loading, e-wallet cash-in/cash-out, money exchange, ATM withdrawals, and cash disbursements.
The company also provides access to jewelry and gold bar purchases for those seeking investment opportunities. PalawanPay, PGC’s innovative e-wallet, empowers users to send and receive remittances anytime, anywhere, and offers a wide range of other financial services, including bills payments, mobile top-ups, scan-to-pay functionality, pawn renewal, jewelry and gold purchases,
ProtekTODO personal insurance, and international remittance claims. PGC is supervised by the Bangko Sentral ng Pilipinas. For more information, please visit the Palawan Pawnshop and PalawanPay websites.