Mitsubishi, Security Bank launch auto finance venture

business.inquirer.net

Mitsubishi Motors and Security Bank launched a joint venture, Mitsubishi Motors Finance Philippines Inc., to boost market share. The venture aims to increase Mitsubishi's market share in the Philippines from 19% to over 20% and support Security Bank's auto loan growth. This partnership comes amid potential impacts from US tariffs and trade concessions between the Philippines and the United States.


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