In Photo:The opening of the newest CARD RBI branch in Tandag was led by CARD RBI President Lyneth Derequito along with some CARD MRI key officers, staff, and clients.
On July 21, 2025, CARD MRI Rizal Bank, Inc. (CARD RBI), a microfinance-oriented rural bank, opened its 40th branch on National Highway, Brgy. Mabua, Tandag City, Surigao del Sur. This expansion aims to make financial services more accessible and to empower more communities across the country through inclusive banking.
“Through this expansion, we aim to deepen our commitment to serve more communities and provide financial services they need to support their growth and livelihood,” CARD RBI President Lyneth Derequito stated.
The newest branch is part of the bank’s five-year strategic plan. With no other CARD banking group currently operating in Tandag City, CARD RBI saw this as an opportunity to establish a presence and extend the CARD MRI mission of poverty eradication in the area.
Two more branches are set to open this year in Bago and Cabanatuan, with the exact dates yet to be finalized.
As of June 30, 2025, CARD RBI had served 845,804 clients, with over five billion outstanding loans. For more information, visit CARD RBI’s official website at www.cardmri.com/rbi
