Financial Services

Testimony to the stability of the RD business interests is the sound operations of its financial group, bannered by the Peninsula Rural Bank, Inc. One of the best-managed and stable banks based in Mindanao, PenBank provides excellent and reliable services for countryside development.

Established in 1981, it has grown into a network of 22 branches nationwide (dont mention no. of branches, just place it on the screen for easy edit); offering agricultural, commercial, industrial, salary and real estate loans and vehicle financing, along with regular banking services.

PenBank is one of the few fully-computerized rural banks in the Philippines.

The Celebes Insurance Agency handles the non-life insurance requirements of the RD Group.

The RD Credit Corporation is making its mark in the financing and lending business, offering quick and easy schemes and low interest rates.
With branches spread out in strategic towns and cities in Mindanao, RD Credit offers real estate and chattel mortgage loans, salary loans and check rediscounting.

RD Pawnshop, Inc., which grew out of the original business of the Riveras, is now one of the fastest growing pawnshop chains in the country. Known for excellent customer service and low interest rates, RD Pawnshop now counts 401 branches (dont mention number of branches, just place it on the screen for easy edit) all over the archipelago.

It has spun-off a new business, RD & Company Jewelers and Gemologists, which is into hand-crafting and selling fine jewelry.