PNB Savings Bank’s Smart Salary Loan Program wins New Consumer Lending Product of the Year Award

PNB Savings Bank AVP & Marketing Division Head, Christopher Gene Lapuz (right) receives the award from Asian Banking & Finance Editor-in-Chief Tim Charlton (left)

PNB Savings Bank received the New Consumer Lending Product of the Year Award for its Smart Salary Loan Program in the Asian Banking and Finance (ABF) 2017 Retail Banking Awards, held in Singapore. PNB Savings Bank’s Smart Salary Loan Program is a loan facility with low interest and light payment terms, payable in easy equal monthly payments through salary deduction. This program is open to all regular employees of accredited companies of the Bank. It helps employees enjoy more flexibility in their finances and allows them to live life to the fullest without draining their savings.

In partnership with FINTQ, the digital innovations arm of PLDT and Smart, this program was introduced and made available to clients via the tech-enabled loans platform, Lendr, last November 2016. This innovation seeks to provide clients a convenient and hassle-free mobile-enabled system that allows them to apply for a loan and get quick approvals through any digital device, anytime, and anywhere. Through this facility, clients can avoid the trouble of having to fill up long forms, filing several requirements, and lining up for long hours at the bank just to get a loan when they need it the most.

“Launching the Smart Salary Loan program via the Lendr platform is PNB Savings Bank’s way of living up to its brand promise of creating value and enriching lives, empowering our clients to make their dreams possible through practical and smart financial solutions, and easy-to-use digital-enabled facilities. Our clients can expect us to introduce more innovations that would elevate the whole customer experience and make banking with PNB Savings Bank completely hassle-free.” said Joven Hernandez, PNB Savings Bank President.

PNB Savings Bank is a wholly-owned subsidiary and the consumer arm of the Philippine National Bank (PNB), is one of the leading and fast growing domestic savings bank in the Philippines. Now, with over 55 branches strategically located across Metro Manila, Southern and Northern Tagalog Regions, Bicol, Western Visayas and Northern Mindanao, offering a full range of deposit and consumer loan products and other personalized financial services to its clients nationwide.

To know more about PNB Savings Bank’s Smart Salary Loan Program, visit www.pnbsavings.com.ph or call PNB Savings Bank Customer Care at (02) 652-PNBS (7627) or Domestic Toll-Free No. 1-800-10-652-7627 or email customerhelpdesk@pnbsavings.com.ph.