Nissan Increases Financing Options for Filipino Customers
Partners with EastWest Bank
TUESDAY | November 5, 2019
MANILA, Philippines – Nissan has expanded its Nissan Finance program to enable more customers in the Philippines to own a Nissan vehicle. In partnership with East West Banking Corporation (EastWest), the sales finance program provides wholesale and retail financing options and loan facility products exclusively for Nissan customers in the Philippines.
Rakesh Kochhar, senior vice president of global treasury and sales finance at Nissan, said: “Nissan’s launch of Nissan Finance in the Philippines, supported by our local partner EastWest, will help Nissan customers access a competitive finance package to assist them in owning their new Nissan. This initiative will support Nissan sales and increase our support for dealers and customers in the Philippines and is the next step in the journey to support Nissan’s growth ambitions in the Philippine market.”
Atsushi Najima, president and managing director of Nissan in the Philippines, said: “We put our customers at the heart of our business, from designing cars to providing services and customer care. The expansion of financing options through Nissan Finance is the next step in delivering the best customer services and our growth path in the Philippines.”
“We are happy to be partnering with one of the top automotive brands in the country,” said EastWest Senior Executive Vice President and Head of Consumer Lending, Jacqueline S. Fernandez. “Nissan Finance powered by EastWest is a product of our strategic tie-up, providing the best service and innovative auto loan products to our customers. Through this partnership, we help more Filipinos fulfill their dream of experiencing their own Nissan.”
The Philippines is the latest market where Nissan is offering its branded financial service programs, which have been available in different countries.
About Nissan Philippines, Inc.
Nissan Philippines, Inc. (NPI) is the sole national sales company of Nissan in the Philippines. Since it began operations in 2014, NPI has become one of the fastest growing automotive companies in the Philippines, closing Fiscal Year 2018 with a 58% growth versus the previous Fiscal Year.
NPI is committed to delivering Innovation that Excites to the Philippine market, through the introduction of new and exciting vehicles, innovative customer programs, and excellent customer service.
For more information on our products and services, visit our website at nissan.ph.
About East West Banking Corporation
East West Banking Corporation (EastWest) is one of the largest universal banks in the Philippines, based on publicly available data. Currently celebrating its 25th anniversary, EastWest has steadily grown beyond its years, building fruitful partnerships and acquiring key assets to cement its position as one of the country's most consumer-focused banks today.
EastWest caters to the financial needs of consumers, middle market corporates, and the mass affluent. Since 2012, EastWest has been trading under the symbol “EW” on the Philippine Stock Exchange, allowing the public to participate in EastWest’s success.
For more information, visit www.ewbanker.com
Local Media Contacts:
SM for Corp. Communications
Nissan Philippines Inc.
+63 2 230 6045
Sab Delos Reyes
The EON Group
+63 2 893 5642