Thrift bank opens another branch

CARD SME Bank, a thrift bank under the CARD Mutually Reinforcing Institutions opened its 34th branch in Bacoor City.

Establishing branches in different parts of the country is one of CARD SME Bank’s key strategies to make its products and services accessible to MSMEs or micro, small, and medium

enterprises and to other businesses and individuals that may require them. “Expanding to Bacoor will enable us to reach our goal of serving more MSMEs through our micro and SME loan products. With each branch we open, we strive to provide opportunities for aspiring entrepreneurs in the country to grow their business and uplift their lives,” said CARD SME Bank President and CEO Aristeo A. Dequito during the branch opening.

He also added that other products and services of the bank such as savings accounts and remittance will be available in the newly opened branch. “This is our sixth branch in the province of Cavite. We have seen the potential and development of our clients here and it’s the time to respond closely to the growing needs of our microentrepreneur clients,” Dequito concluded.

The branch opening was also attended by CARD SME Bank Executive Vice President and COO Cynthia B. Baldeo and CARD MBA President Flordeliza Cristobal. CARD MRI clients and staff, representatives from the local government unit, and other members of the community were also present.

Since its establishment in 2011, CARD SME Bank has a total of 975,070 clients with 319 offices and 34 branches nationwide.