Palawan Group Secures Triple Win at Finance Awards

Palawan Group Secures Triple Win at Finance Awards
Palawan Group of Companies Celebrates Triple Triumph at International Finance Awards

Palawan Group of Companies (PGC) stood out prominently at the 12th Annual International Finance Awards 2024, securing three major accolades at the prestigious event held at the Waldorf Astoria Bangkok. Recognized for its unparalleled contribution to financial inclusion and innovative services, PGC’s triumph was marked by awards for the Most Innovative E-Wallet App for PalawanPay, the Best Pawning Company, and the Most Innovative Remittance Company in the Philippines.

With these honors, Palawan Group of Companies reaffirmed its position as a leader in delivering accessible and affordable financial solutions to Filipinos nationwide. The recognition of PalawanPay as the Most Innovative E-Wallet App is a testament to the app’s rapid growth, having garnered over 20 million users within just two years. PalawanPay not only offers affordable cash-in and cash-out rates but also provides innovative and convenient in-app access to essential services such as pawn renewal, microinsurance, and gold and jewelry transactions, all at competitive rates.

The Best Pawning Company award celebrates Palawan Pawnshop’s dedication to transparency, competitive rates, and exceptional service. Known for its high appraisal values and low-interest rates, Palawan Pawnshop has solidified its reputation as a reliable partner for “sukis” seeking greater cash payouts. The company’s commitment to fair and transparent collateral evaluation ensures that customers receive the best value for their assets.

Palawan Pawnshop-Express Pera Padala, recognized as the Most Innovative Remittance Company, continues to be a leading provider of domestic and international remittance services. With over 10,000 outlets nationwide, PGC ensures that Filipinos, even in remote areas, have access to reliable financial services. This extensive presence underscores the company’s dedication to financial inclusion, making it easier for people to send and receive money across the country.

Bernard Kaibigan, the Group Marketing Head at PGC, expressed his gratitude for the recognition, emphasizing the company’s unwavering commitment to financial inclusion. “For almost 40 years, we’ve made it our mission to provide affordable, fast, and hassle-free services,” Kaibigan stated. “Whether through Palawan Pawnshop, Palawan Express Pera Padala, or PalawanPay, we’ve strived to make financial services accessible to every Filipino, especially the unbanked and underbanked.”

Kaibigan also extended his appreciation to the PGC team and, most importantly, to their “sukis”—the beloved customers who remain at the heart of the company’s mission. “Our customers are the reason we continue to innovate and improve our services. Their trust and loyalty are what drive us to excel,” he added.

The International Finance Awards, established in 2013 by the UK-based International Finance magazine, are designed to celebrate excellence in the global financial sector. The awards recognize talent, leadership, and innovation in the industry, honoring organizations and individuals who drive market development through sustainability, financial inclusion, and technological advancement. International Finance, a leading source of credible financial news and analysis, employs a rigorous research process to select winners based on proven achievements.

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. The company’s success at the International Finance Awards is a reflection of its dedication to innovation and excellence.

PGC’s philosophy of “mura, mabilis, at walang kuskos balungos” (affordable, fast, and hassle-free) is deeply ingrained in its operations. This guiding principle has allowed the company to raise industry benchmarks and set new standards for financial services in the Philippines. By continuously innovating and improving its offerings, PGC ensures that it remains at the forefront of the financial industry, providing accessible and inclusive services to all Filipinos.

The Palawan Group of Companies’ triple triumph at the 12th Annual International Finance Awards 2024 is a testament to its unwavering commitment to financial inclusion, innovation, and excellence. With its dedicated team and loyal customers, PGC is poised to continue leading the way in providing accessible, affordable, and innovative financial solutions in the Philippines.