CARD SME Bank opens its first branch in Visayas

Business enterprises and individual depositors in Cebu will have more choices in choosing bank products and services as CARD SME Bank opens its 16^th branch in Lapu Lapu City.CARD SME Bank is one of the fastest growing thrift banks in the country.

“In just a span of 5 years, CARD SME Bank now has 16 branches and we are planning to open some branches in Mindanao in the near future. It continuously subscribes to the view that the poor will no longer stay poor, they can engage to businesses like farming, agri-trading, and agro-processing, and with this, CARD SME Bank offers different type of savings and loan products, designed to meet the needs of members and clients,” shared Dr. Jaime Aristotle B. Alip, CARD MRI Founder and Managing Director. He also added that before 2016 ends, the said bank will expand in Vigan, General Santos City, Lemery in Batangas and San Pedro in Laguna.

A full-fledged thrift bank, CARD SME Bank provides a wide variety of products and services from deposit accounts such as savings, ATM, checking, time deposit and even kiddie savings to consumer loans such as car and housing loans. It also offers various business loans especially designed to suit the needs of SMEs such as flexible payment terms and options, affordable interest rates and amounts ranging from P10,000.00 to P5M. An agricultural loan is also available to assist farmers and other agri-businesses.

CARD SME Bank is a member of CARD Mutually Reinforcing Institutions (CARD MRI) founded by Dr. Jaime Aristotle B. Alip and 14 other social development practitioners in 1986 with a mission of eradicating poverty.