The partnership was formalized during a ceremonial contract signing on Nov. 29, 2024, marking a significant step toward making luxury vehicles more accessible to the bank’s clientele.
Under the agreement, Security Bank will provide leasing options for BMW units with low initial cash outlay and flexible payment terms, enhancing affordability for clients. The leasing program also includes insurance and maintenance services, ensuring a seamless and hassle-free ownership experience.
“This partnership with (SMC Asia Car Distributors Corp.) will provide our customers an additional payment option to (acquire) a brand-new BMW unit. Our leasing program also includes insurance and maintenance to make it more convenient for the clients,” said Jaja Acosta, AVP and focus segment specialist for the automotive industry at Security Bank.
Both Security Bank and the San Miguel Corp. subsidiary are committed to delivering convenience and flexibility through innovative leasing solutions.
This collaboration aims to improve the overall purchasing experience, catering to customers who value premium vehicles and hassle-free ownership.--Ed: CSN