Realizing the clamor for physical connection with its clients, the Bank of the Philippine Islands (BPI) is holding its first face-to-face in-branch activity with its Best Deals Fest, where clients can avail exclusive and affordable financing products for their dream car and home.
Through this 5-day event, which will run from June 20 to 24 this year, BPI is targeting to deliver 20 percent more bookings in auto and housing loans.
In 2021, BPI’s Auto Loan portfolio recorded a sharp growth in terms of bookings at 37 percent versus the previous year. The Housing Loan portfolio, for its part, generated a 10 percent increase in 2021 versus the year before.
BPI will leverage its branches for this Best Deals Fest as it expands its retail loan portfolio.
This is as the bank continues to see an upward trend in loan availment, which is driven by the improving COVID-19 situation in the country.
“Consumer confidence is back. Car and home purchases are back in demand as Filipinos move forward and continue to pursue their aspirations. And the Best Deals Fest is a perfect opportunity for aspiring car and homeowners to get their dream home and car, as BPI and our partners have exclusive offers for them,” said Dennis T. Fronda, Retail Lending Group Head, BPI.
Through the Exclusive Partner Offers promo–which will only be available during the Best Deals Fest–clients can avail of big cash discounts, low interest rates, and waived fees on their dream vehicle and property from different participating car brands and real estate developers through BPI Auto or Housing Loans.
