EastWest clinches 'Auto Loan Product of the Year' award
EastWest Bank’s position as the most consumer-focused bank in the country is further strengthened by winning the “Auto Loan Product of the Year” award at The Asian Banker Philippine Country Awards 2017.
The award is a recognition of the impressive growth of the bank’s auto loan business, which has consistently registered double-digit increase in the last five years, and the very competitive features of EastWest Auto Loan—low interest rates, flexible payment terms, quick approval, and easy application via EastWest stores, EastWest Online, and hundreds of auto dealers nationwide. EastWest Bank now ranks third-largest auto loans provider among banking institutions in the country.
“This award is an affirmation of our continued efforts to make auto loans affordable and accessible for Filipinos. Weare 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 and Consumer Lending Head.
The bank’s Personal Loans was awarded Best Consumer Finance Product at The Asian Banker Philippine Country Awards 2016. Its credit cards have been recognized by Visa, Mastercard, Asian Cards User Group, and Asian Banking & Finance.
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.