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A thriving legacy, a story that inspires

Manila Bulletin

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August 06 2025

The Palawan group of companies celebrates its 40th anniversary milestone

- BY LETIZIA BALANAG

What began as a small venture in Puerto Princesa with just P50,000 and a big dream has grown into a brand that's been part of every Filipino's journey for years, offering financial services that are affordable, reliable, and always delivered with heart.

Since 1985, the Palawan group of companies has been dedicated to simplifying every customer experience. Over the years, Filipinos have come to expect the same level of care and convenience, and that promise still holds today, even as the brand continues to evolve and adapt to an ever-changing world. As reflected by the President & CEO, Karlo Castro, “Four decades of serbisyong matatag, maasahan at mapagkakatiwalaan, ang aming pangako sa aming mga suki ay patuloy kayong tapat na paglilingkuran, 40 years na po tayo at kayo pa rin ang number 1 sa Palawan” (Four decades of strong, reliable, and trustworthy service—our promise to our loyal customers is to continue serving you with the same dedication. It’s been 40 years, and you’re still number one in Palawan.)

For many years, the brand has been a part of everyday Filipino life. From trusted services like Palawan Pawnshop and Palawan Express Pera Padala to newer offerings like Palawan ProtekTODO micro insurance, Palawan Credit for SME loans, and PalawanPay, they've expanded to over 70,000 branches, outlets, and Money Shops nationwide, bringing accessible financial services to communities across the country.

Uplifting communities through dedicated service

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