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CARD MRI Rizal Bank
Dr. Jaime Aristotle B. Alip, CARD MRI Founder and Chairman Emeritus, welcomes the clients during the opening of CARD RBI Siniloan Branch on July 27, 2020.

CARD RBI opens its first branch under the new normal

By JEFFREY C. TANDINGAN
August 7, 2020

SAN PABLO CITY – As we fight the COVID-19 pandemic, easy access to financial services is one of the most needed assistance of the people. To bring its banking products and services closer, CARD MRI Rizal Bank (CARD RBI) opened its 32nd branch in Siniloan, Laguna on July 27, 2020.

“We are already present in various municipalities with our BLUs branch-lite units. Even during community quarantine, our bank branches continue to operate to serve our clients, even though, our BLUs were not allowed to operate,” said CARD RBI President and CEO Elma B. Valenzuela.

Valenzuela also shared that the situation has limited the access of the people to banking services. “As part of our thrust and despite the crisis, we will continue to expand our bank branches and provide the public with services in response to their banking needs.”

The new branch is also in line with the bank’s direction in promoting financial inclusion in the country. The Siniloan Branch has an initial 17,626 clients from its Sta. Cruz branch.

To reach more communities, the bank also implements digital innovations as it recently launched its konek2CARD mobile banking app. “Despite the physical barriers, we constantly create ways to better serve our clients. Aside from the financial services, we will continually provide community-based development programs to respond to the various needs of our clients,” underscored Valenzuela.

“Before 2020 ends, CARD RBI will be opening four more branches and 18 additional BLUs in the country, to provide access to better financial services to the community,” said Valenzuela.

The Bank

CARD RBI, a member institution of CARD MRI, caters to various financial needs of its clients as it offers a wide range of banking products and services. To ensure that all socioeconomically challenged families in the country have access to affordable and quality financial service, it offers micro and SME loans, savings accounts, and remittance services.

The branch is located in Gualberto Building, L. de Leon St., Barangay Wawa, Siniloan, Laguna.

The opening was attended by CARD MRI Founder and Chairman Emeritus Dr. Jaime Artistotle B. Alip, CARD RBI’s Senior Vice President for Operation Juliana B. de Leon, and CARD RBI clients and staff.

Since its establishment in 1996, CARD RBI has grown significantly with P5.1 billion assets and 493,757 clients nationwide.