Winning the race for faster and stronger car loan offerings, the Bank of the Philippine Islands (BPI) is partnering once again with the Manila International Auto Show (MIAS) as its exclusive auto financing provider, with the aim to cement its position as a top-of-mind financing provider for potential car buyers in the market.
After a successful comeback in 2022, MIAS returns on April 13 to 16, 2023 at the World Trade Center in Pasay City.
As the event’s official presenter and the exclusive auto loan provider on site, BPI will be present at the event to provide its services to MIAS’ consumer base.
“Given the anticipated increase in foot traffic, introduction of new car brands, and unveiling of new car variants, BPI Auto Loan aims to help dealers generate increase in turn-ins by offering exclusive promos. This enables starting families as well as car enthusiasts to avail affordable deals for the cars they are eyeing,” said Dennis Fronda, BPI Retail Loans Group Head.
As one of the best performing banks in the auto loan industry, BPI is optimistic that it will be able to help meet pent-up demand for vehicles.
“With the continuous recovery of the economy, BPI Auto Loan will again take hold of the opportunity to participate in this year’s MIAS run as the official presenter and exclusive auto loan provider,” Fronda added.
As of December 31, 2022, BPI’s total loans stood at P1.7 trillion, up 15.3% from the previous year, led by growth in the credit card, corporate/SME and auto portfolios of 31.1%, 15.5%, and 14.0%, respectively.
To date, a total of 1.27M Filipinos have registered private cars.
Hot Summer Promo
BPI will also extend its Hot Summer Promo bundled with Exclusive Partner Offers to all clients who will be applying during the event.
This bundle offer will only be available for the duration of MIAS with the following offers:
1. Discounted Rates2. Free First Year Motor Insurance with BPI MS Insurance
3. Waived Bank Fees of up to Php 10,000.00
