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Security Bank inks deal with SMC Asia Car Distributor
The Philippine Star
|December 19, 2024
Security Bank Corp., together with its subsidiary SB Rental, has signed a contract with SMC Asia Car Distributors Corp., which is the official importer and distributor of BMW Group products in the Philippines.
In a statement, the bank said that the agreement would enable the lender to offer BMW cars and motorcycles leasing to clients with features such as low initial cash outlay and flexible payment terms.
"This partnership with BMW Philippines will provide our customers an additional payment option to purchase a brand-new BMW unit," Jaja Acosta, focus segment specialist for the automotive industry at Security Bank, said.
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