In its bid to promote financial inclusion, CARD Bank, a microfinance-oriented rural bank, opened its 98th branch in Tabaco City, Albay on January 18, 2021. The branch will cater to 29,626 microfinance clients who were originally part of Legazpi Branch. Having this new branch will bring bank services closer to clients of nine branch-lite units […]
Manila, December 22, 2020— Women entrepreneurs in the Philippines stand to benefit from new loans issued to two of the country’s largest microfinance institutions, which will help keep businesses afloat and save jobs as the Philippines grapples with the economic impacts of the COVID-19 pandemic. The International Finance Corporation (IFC), a member of the World […]
Driven by its mission in promoting financial inclusion among all Filipinos through its digital innovations and services, CARD Bank, a microfinance-oriented rural bank under CARD MRI, partnered with Western Union to further boost its international and domestic remittance service. Said CARD Bank President and CEO Marivic Austria, “The partnership is one of the key strategies […]
We are pleased to announce the PARTIAL and OFFICIAL LIST of CARD MRI scholars. Result is based on operation staff confirmation. The grant is effective S.Y 2020 – 2021 (at the start of school year). CONGRATULATIONS! CARD BANK, INC. – BATCH 21 HIGH SCHOOL SCHOLARS CARD BANK, INC. – BATCH 21 COLLEGE SCHOLARS List of Final […]
The new normal calls for a different approach on the delivery of services for various organizations. CARD Bank, the largest microfinance-oriented rural bank in the Philippines, held its mid-year business review and planning on July 8-10, 2020 with the theme “Moving forward to the new normal fueled by the same mission of poverty eradication” to […]
Dahil sa new normal, maraming organisasyon ang sumusubok ng mga bagong pamamaraan sa paghahatid ng kani-kanilang serbisyo. Ang CARD Bank, ang pinakamalalaking microfinance-oriented rural bank sa bansa, ay nagsagawa ng mid-year business review and planning noong Hulyo 8-10, 2020 na may temang “Moving forward to the new normal fueled by the same mission of poverty […]
Dr. Jaime Aristotle B. Alip CARD MRI Founder and Chairman Emeritus In the mid-1980’s, at a time when the poor is clamoring for change and transformation, microfinance institutions (MFIs) started offering microcredit for capital with low interest rates, flexible loan terms, and no collateral. This provided the low-income sector with opportunities to establish microenterprises to […]
The financial institutions of CARD Mutually Reinforcing Institutions (CARD MRI) have suspended its microfinance operations from March 17 to April 12, 2020. This is in response to the recent declaration by the Philippine Government of an enhanced community quarantine due to the COVID-19 outbreak. While the obligation for weekly loan payments are lifted until the […]
Bangko Sentral ng Pilipinas (BSP), Citi Foundation, and Microfinance Council of the Philippines, Inc. (MCPI) awarded eight outstanding microentrepreneurs in the country for the 2019 Citi Microentrepreneurship Awards on November 26, 2019. Among the 141 nominees from 31 different institutions across the country who competed for the award, Lucrecia Neri, a microentrepreneur client of CARD […]
CARD Bank now serves Danao City, Cebu. As part of its goal to bring the financial services closer to the unbanked and underbanked communities, CARD Bank opened its 96th branch in Beatriz Village, Danao City, Cebu on November 18, 2019. The newly inaugurated office is the bank’s 1st branch in the province of Cebu. CARD […]