BPI offered exclusive auto loan promos during the Manila International Auto Show (MIAS) and served as its official presenter that aimed to cement its position as a top-of-mind financing provider for potential car buyers in the market.
“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, the BPI Retail Loans Group head.
“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. There is a total of 1.27M Filipinos registered private cars.
According to Fronda, there will also be Exclusive Partner Offers from the participating MIAS car brands bundled with Auto Loan Hot Summer Promo. For provincial clients, they can take advantage of the offers when they apply online or through any of the BPI Branches nationwide. Fronda clarified that applications outside the MIAS event will be allowed as long as the application is from April 13 to 16, and the car brand is one of the participating brands.
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