The Bank of the Philippine Islands (BPI), which is celebrating its 168th anniversary this year, booked over P500 million worth of loan applications and other deals during the second BPI Big Blowout, from 16 to 18 August 2019.
Thousands of clients and walk-in guests flocked to the one-stop-shop event at Glorietta 2 Activity Center in Makati City to avail themselves of deals on car loans, housing loans, travel destinations, staycation packages and many more.
Many grabbed the opportunity to enjoy low loan rates, free insurance, waived fees and discounted down payments.
According to BPI Southern Metro Manila Branches Division Head Olga Ang, the program aimed to give clients the chance to afford their dreams.
“Through this program, we offered exceptionally affordable financial options that enabled many individuals and young families to finally achieve their aspirations. Like we always say, BPI is at your service. We have been, and always will be, coming up with products that will prepare you financially to be Ready Today. Ready Tomorrow,” Ang said.
The highlights of BPI’s special anniversary offer included one-year free motor insurance and free chattel mortgage for auto loans, a 6.88 percent fixed interest rate for five years and waived fees of up to P50,000 00 for housing loans and a 0.98 percent interest rate for loans worth P100,000 00 for 36 months, as well as discounts on travel packages. BPI Mitsui Sumimoto (BPI/MS) Insurance also offered income protection for as low as P5,000.