the picture are (L-R) Rev. Mar Andreen Castillo, CARD SME
Bank client Lilia Barcelon, CARD SME Bank President Aristeo
A. Dequito, CARD MRI Managing Director Flordeliza L.
Sarmiento, CARD SME Bank Executive Vice President and COO
Cynthia B. Baldeo, and CARD SME Bank client Priscila Arzobal
during the opening of the 35th branch in Nasugbu, Batangas.
CARD SME Bank
opens new branch in Batangas; geared up for the new normal
July 30, 2020
SAN PABLO CITY – As
we start to embrace the new normal brought by COVID-19 crisis, CARD
SME Bank, a thrift bank and a member institution of CARD Mutually
Reinforcing Institutions (CARD MRI), opened its 35th branch in
Nasugbu, Batangas on July 27, 2020, and is now ready to serve its
clients adapting to the new normal.
This is part of the
expansion plans of the bank in promoting financial inclusivity for
all. Said CARD SME Bank President Aristeo B. Dequito, “CARD SME Bank
is now celebrating its 9th year of providing financial services to
the communities. We started from small offices in 2011 but we remain
steadfast in our mission in reaching more MSMEs and cater to their
growing financial needs in CALABARZON region.”
He also added that despite
the COVID-19 pandemic, CARD SME Bank sees it not as a barrier in
providing financial services. “There might be some changes in our
plans because of the swelling number of cases of COVID-19 in our
country, but our goal remains, to reach and help more communities by
providing them access to financial products and services and better
banking experience. We are here to build better post-pandemic
banking services to our clients.”
“Our investment in advance
technologies has coped with the latest trends in banking. Our
journey to digital innovations has led to more convenient banking
experience to our clients. As we continue our transformation to
digitization, our clients will soon experience hassle-free banking
transactions anytime and anywhere using their mobile phones through
the konek2CARD mobile banking app,” he added.
The branch is
strategically located at J.P Laurel St., Barangay 11, Nasugbu,
Batangas, and expecting to serve more than 15,000 clients from eight
Present during the opening
was CARD MRI Managing Director Flordeliza Sarmiento, CARD SME Bank
Executive Vice President and COO Cynthia Baldeo, and CARD MRI
clients and staff.
The thrift bank
CARD SME Bank is one of
the banking institutions of CARD MRI that caters to the needs of
thousands of MSMEs in the country.
The bank primarily offers
various business loan products tailored-fitted to the needs of MSMEs
such as flexible loan payment terms and options, and affordable
interest rates. It also offers deposit accounts such as savings
account for microentrepreneurs and kiddie savings for children, ATM,
checking, time deposit, consumer loans such as car and housing loan,
and domestic remittance service.
As of June 2020, CARD SME
Bank already served 987,686 clients nationwide with 35 bank branches
and 328 offices and a total asset of P7.7 billion.