Security Bank, alongside its subsidiary SB Rental Corporation, signed a groundbreaking partnership agreement with SMC Asia Car Distributors Corporation (BMW Philippines), the official importer and distributor of BMW products in the country. The agreement, formalized during a ceremonial contract signing, will enable Security Bank to offer leasing options for BMW cars and motorcycles, featuring low initial cash outlays and flexible payment terms.
Jaja Acosta, AVP and focus segment specialist for the automotive industry at Security Bank, said the collaboration provides customers with an accessible pathway to owning a brand-new BMW. “Our leasing program includes insurance and maintenance, ensuring a hassle-free experience for clients,” said Acosta.
The partnership reflects both companies’ commitment to enhancing the customer experience with convenient, flexible leasing solutions, further solidifying their roles in shaping the future of the automotive market in the Philippines.
