Philippine National Bank (PSE: PNB) has partnered with New Jersey-based Alexander Anderson Real Estate Group (AAREG) to beef up its marketing efforts to help push properties in the Philippines to Filipino-Americans in the New York-New Jersey Metropolitan Area.
PNB President and CEO Wick Veloso said they are making it easier for Filipinos to obtain a good investment while they are still in the US.
“We see those in the New York metropolitan area remain to be interested in these investments despite the COVID-19 pandemic,” Veloso said.
Those living abroad may purchase a home in the Philippines through the Own a Philippines Home Loan (OPHL). AAREG is PNB’s first marketing partner for OPHL.
AAREG CEO Eric Anderson said the reality of today’s business landscape is that “collaboration and strategic partnerships are fundamental to improving business outcomes.”
“Our team is excited to grow this relationship with PNB,” Anderson said.
Veloso said PNB continues to see a growing number of Filipinos who are interested in acquiring a second home or another home here in the Philippines.