Talk about a winning streak! The Palawan Group of Companies (PGC) just swept the 12th Annual International Finance Awards in Bangkok, proving they’re not just playing the game, they’re changing it. They walked away with three major awards: Most Innovative E-Wallet App for PalawanPay, Best Pawning Company, and Most Innovative Remittance Company in the Philippines. That’s quite a haul!
It’s clear that PGC’s nearly 40-year mission of making financial services accessible to every Filipino, especially those who are unbanked or underbanked, is paying off. As Bernard Kaibigan, PGC’s Group Marketing Head, put it, they’re all about providing affordable, fast, and hassle-free services, whether it’s through Palawan Pawnshop, Palawan Express Pera Padala, or the rapidly growing PalawanPay.
The International Finance Awards, a respected name in the financial world, doesn’t just hand out trophies. They do their homework, recognizing organizations that are truly making a difference through sustainability, financial inclusion, and technological advancement. So, these wins for PGC are a real testament to their hard work and dedication.
Palawan Pawnshop, a household name, snagged the “Best Pawning Company” award, likely due to its transparent evaluation process, competitive rates, and that “mura, mabilis, at walang kuskos balungos” philosophy that resonates with so many Filipinos. They’re known for giving their “sukis” (customers) a fair deal, which is crucial in the pawning business.
Then there’s Palawan Pawnshop-Express Pera Padala, a leader in both domestic and international remittances. With over 10,000 outlets across the country, they make sure that sending money is easy, even for those living in the most remote areas.
And finally, PalawanPay, the rising star, took home the “Most Innovative E-Wallet” award. With over 20 million users in just two years, it’s clear they’re doing something right. Beyond the usual e-wallet features, PalawanPay offers in-app access to pawn renewal, microinsurance, and even gold and jewelry transactions—all at competitive rates. It’s like having a mini financial hub in your pocket.
PGC’s triple win at the International Finance Awards isn’t just a pat on the back; it’s a validation of their commitment to empowering Filipinos through accessible and inclusive financial services. They’re not just raising industry standards; they’re setting a new benchmark for what it means to be a socially responsible financial institution.
