BPI Family Savings Bank to Make Big-Bike Financing Easier During This One-Day Event

BPI Family Savings Bank is making big bike financing easy with their exclusive partnership with RidePH Café—a one-day event at the Metrotent Convention Center in Pasig City this Saturday, March 7, 2020.

Aside from making “big bike dreams” come true, event-day offers such as free fuel vouchers are up for grabs.

“Some good quality big bikes can cost as much as a brand new car. We’ve been offering big bike financing under our Auto Loan program to help big bike enthusiasts get the bike of their dreams without burning a hole in their pockets,” said Dennis Fronda, BFSB head for retail loans.

The BPI Family Auto Loan big bike financing is available for motorcycles with displacements from 250-cc and up. Interested clients may visit the bank’s booth at the RidePH Café event to apply.

Featuring big bikes, motorcycles, and scooter brands, as well as biker gear, an art exhibit, live music, a barbershop and haberdashery, RidePH Café is an annual gathering for the Filipino riding community.

BPI Family Savings Bank Calls on Dealers to Make Car Ownership Easier

BPI Family Savings Bank (BFSB), the country’s largest savings and thrift bank, called on car dealers for stronger and more harmonious relations with banks to help more Filipinos realize their dream of owning a car.

“Let us work together, in the interest of our customers and our respective businesses, to make owning a car easier in these challenging times,” said BFSB Retail Loans Head Dennis Fronda during the general assembly of the Philippine Automotive Association (PAA).

Fronda emphasized that enabling Filipinos to have the car of their dreams helps promote greater financial inclusion in the country. “It is part of how we make lives better for our countrymen, for a better Philippines. If owning a car will make Filipinos’ lives easier, then we will be there.”

To make this happen, Fronda said that dealers, together with banks, should develop more promos and incentives that will make car ownership easier for the right customers. “We need to do this together while maintaining our businesses’ profitability.”

On the other hand, he also emphasized the need for dealers and banks to work closely on managing the risks of granting auto loans to customers. Fronda said that dealers are in an ideal position to choose who are the right customers to sell their cars to. “Let us work together so that we can help you move your inventory into the hands of deserving customers through our financing programs.”

Meanwhile, for BFSB’s part, Fronda talked about the Bank’s pioneering initiative to make owning a car easier by allowing clients to apply for an auto loan online. “We are proud to be part of BPI, which is making a bold step in this digitization journey. So expect more innovations and bold new ideas from BPI Family Savings Bank.”

An organization of dealerships in the country, PAA invited representatives from various local banks to its general assembly to discuss how banks and car dealers can improve their relationship and processes to make auto loans processing faster.