PBCom launches personal loans

MANILA, Philippines - The Philippine Bank of Communications (PBCom) is offering PBCom Personal Loan, a personal loan package to assist clients with finance needs that may fall beyond their day-to-day expenses. The PBCom Personal Loan is a cash solution offered to clients to finance special needs, such as tuition fees, medical expenses, home improvement, and car repairs. It may also be used to finance special events such as weddings, purchase of appliances or furniture and vacations or travel. Qualified professionals, business owners and salaried employees can avail of loan amounts ranging from P40,000 to P1 million. Monthly installments are affordable, with competitive interest rates and terms of 12 to 48 months. The new product is in line with the bank’s efforts at offering one-stop banking products and services. The commercial bank has Auto and Home Loan solutions for consumers, as well as a menu of corporate loans for business needs.