Security Bank expands vehicle financing

BIRD’s eye view of the brand new Isuzu Cabanatuan dealership.

BIRD’s eye view of the brand new Isuzu Cabanatuan dealership.

Total revenues rose 12.4 percent to P104 billion, supported by sustained growth across the bank’s core businesses. Net…

Like Corona, Duterte is accused of deliberately failing to truthfully and accurately declare her net worth and…

The Bank of the Philippine Islands (BPI) reported a net income of P32.8 billion in the first half of 2026, nearly…

The National Food Authority (NFA) has opened a P355.4-million integrated grains facility in Iloilo, more than doubling…

The International Maritime Organization (IMO) has moved to safeguard free passage through the world’s busiest shipping…
Security Bank, SBM Leasing Inc. and North-Min Auto Dealership Inc. (NMADI) have formed a partnership to expand access to Isuzu commercial vehicles for businesses in Mindanao through integrated financing solutions.
The collaboration combines dealership access with structured financing, allowing companies in sectors such as logistics, construction and agriculture to acquire and upgrade vehicles more efficiently.
NMADI’s presence across Northern and Western Mindanao is expected to support broader reach and faster access for clients, as demand for transport and logistics capacity continues to grow in the region.
“This partnership brings together complementary strengths,” said Martin Ledesma, president and chief executive officer of SBM Leasing Inc.
The initiative is positioned to support business expansion and productivity by improving access to mobility solutions, particularly in underserved areas.