Security Bank hosts Volkswagen Passat PH launch with Moon Festival event

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October 13 was an auspicious day for aspiring car owners who attended the launch of the Volkswagen Passat at the Volkswagen BGC Showroom in Taguig City. Not only did they get a sneak preview of the Passat; Security Bank hosted the event and brought in a double treat: a flexible car loan offering 0% interest and mid-autumn client appreciation party to celebrate the Moon Festival.

Security Bank President and CEO Alfonso Salcedo Jr. said, “In keeping with our brand promise of BetterBanking, we give customers the opportunity to get an advance viewing of superior products that are currently out in the market. Through Security Bank’s flexible Auto Loan, we want to help fulfill our customers’ aspirations of owning world-class vehicles such as the Volkswagen Passat.” Awarded in the Geneva Motor Show as ‘2015 European Car of the Year’, the eighth-generation 2015 Passat sells between P2.25 million to P2.75 million.

Security Bank clients who visited the event got the chance to avail of the bank’s Auto Loan at preferential rates or at 0% interest up to 60 months on selected terms and models. Customers who avail of Security Bank’s Auto Loan will also enjoy free first-year comprehensive motor insurance (including Acts of God) or all-in financing with free one-year car insurance and free chattel mortgage fee.

And as part of its yearly tradition of celebrating the Chinese Moon Festival, the bank treated clients to cocktails and traditional dice games. Salcedo said, “We recently held a roadshow of Moon Festival parties – our way of celebrating years of partnerships with our clients. We wanted to carry the good vibes over to this launch.”

The 2015 Passat is one of the premium car models supported by Security Bank.  Preferential loan rates and perks can also be availed for other Volkswagen models such as the Touareg, Tiguan, Touran and Polo Sedan.

To learn more about Security Bank Auto Loan, go to the nearest branch or visit the website at