Security Bank and its subsidiary, SB Rental Corporation, held a ceremonial contract signing on November 29, 2024 with SMC Asia Car Distributors Corporation (BMW Phil), the authorized importer and distributor of BMW Group products in the Philippines. The agreement enables Security Bank to offer BMW cars and motorcycles leasing to clients with features such as low initial cash outlay and flexible payment terms.   

 “This partnership with BMW Philippines will provide our customers an additional payment option to purchase 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, Security Bank. 

 Together, Security Bank and BMW Phils are committed to providing customers with convenient and flexible leasing options for BMW units, including insurance and maintenance, to enhance the overall purchasing experience.