EastWest wins ‘Auto Loan Product of the Year’ award
EastWest was awarded the Auto Loan Product of the Year at The Asian Banker Philippine Country Awards 2017 held recently at the Fairmont Hotel in Makati City.
The prestigious award recognizes EastWest’s continued efforts in making auto loans affordable and accessible for Filipinos. The bank’s Auto Loan business ranks among the biggest in the industry, offering customers attractive promotions, low interest rates, flexible payment options, and quick approvals.
“This award is further proof that EastWest continuously offers products and services that are most suitable to the market our bank serves. We are truly proud that our consumer lending products – credit cards, personal loans, and now auto loans, have all been recognized by esteemed institutions as the best products in the country,” said Jacqueline Fernandez, EastWest Senior Executive Vice President & Consumer Lending Head.
The bank was also recognized at The Asian Banker Philippine Country Awards 2016 for its innovative and versatile Personal Loans which was named Best Consumer Finance Product.
EastWest is the most consumerfocused bank in the country with 71% of its total loan portfolio lent to consumers.
The Asian Banker Philippine Country Awards is one of the most prestigious of its kind for the independence, rigor, impartiality, and transparency of the evaluation process. Winners were selected by a distinguished council of advisors based on a balanced and transparent scorecard and stringent evaluation process.