Palawan Group of Companies marks 38 years of excellence, innovation, and dedicated services

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Palawan Group of Companies’ journey is a story of determination, empathy, and innovation. Founded 38 years ago by the visionary couple Bobby and Angelita Castro, it has not only become the most trusted brand and pillar of the pawnshop and remittance industry but has also woven its story into the fab

With a modest P40,000 investment and unwavering courage, the Castros opened their first shop in Puerto Princesa City on August 17, 1985. Little did they know that this would mark the beginning of a journey that would touch millions of lives.

The company's expansion transcended geographical boundaries. With over 10,000 branches and authorized agents nationwide, Palawan Group of Companies's reach extended to cities, municipalities, and remote towns. Serving as a financial beacon, they’ve upheld their commitment to the masses—the unbanked and underbanked—by providing accessible and reliable services.

Palawan Group of Companies recognizes the need to stay ahead in the fast-paced world of digital living and the increasing demand from customers for fast and safe transactions. To address this, they introduced PalawanPay, now the fastest-growing e-wallet app that empowers their customers to perform financial transactions conveniently, anywhere and anytime.

 

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