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BPI partners with Palawan Pawnshop to expand market reach

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The Ayala Group’s BPI is partnering with one of the country’s biggest money transfer firms to expand its reach across the Philippines. | miguelrcamusINQ /PDI

This also comes as BPI moves to boost third-party banking partners as it rationalizes its existing branch network.

Palawan was started as a small pawnshop business by Bobby Cater and his wife Angelita in Puerto Princesa City in 1985. It eventually expanded to money remittance services via Palawan Express Pera Padala.

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