EastWest Bank Senior Executive Vice President & Consumer Lending Head Jacqueline Fernandez (3rd from right) holding the bank's 'Auto Loan Product of the Year' award plaque from The Asian Banker. With Fernandez are (from left) The Asian Banker Senior Research Manager Neeti Aggarwal, EastWest FVP & Consumer Lending Marketing & Business Operations Head Alessandro Villaraza, EastWest VP & Auto Loan Sales Head Jocelyn Legaspi, The Asian Banker International Resource Director Richard Hartung, EastWest President Roberto Reyes and The Asian Banker Managing Director Foo Boon Ping.
EastWest was awarded as the Auto Loan Product of the Year at The Asian Banker Philippine Country Awards 2017 held on October 6, 2017 at the Fairmont Hotel in Makati City.
The prestigious award recognizes EastWest's continued efforts in making auto loans affordable and accessible for Filipinos. The bank's Auto Loan business ranks among the biggest in the industry, offering customers attractive promotions, low interest rates, flexible payment options, and quick approvals.
"This award is further proof that EastWest continuously offers products and services that are most suitable to the market our Bank serves. We are truly proud that our consumer lending products - credit cards, personal loans, and now auto loans, have all been recognized by esteemed institutions as the best products in the country," said Jacqueline Fernandez, EastWest Consumer Lending Cluster Head & Senior Executive Vice President.
The bank was also recognized at The Asian Banker Philippine Country Awards 2016 for its innovative and versatile Personal Loans which was named Best Consumer Finance Product.
EastWest is the most consumer-focused bank in the country with 71% of its total loan portfolio lent to consumers.
The Asian Banker Philippine Country Awards is one of the most prestigious of its kind for the independence, rigor, impartiality, and transparency of the evaluation process. Winners were selected by a distinguished council of advisors based on a balanced and transparent scorecard and stringent evaluation process.