Mitsubishi Motors Finance PH launched in partnership with Security Bank

Mitsubishi Motors Philippines Corporation (MMPC), in partnership with Security Bank Corporation, is set to make its products easier to access as the two companies officially launch Mitsubishi Motors Finance Philippines, Inc. (MMFP).

With many new car buyers in our market choosing to make their purchases through financing, the launch of MMFP will aid in the continuous growth of MMPC’s vehicle sales which has consistently been number two in the market for many years.

MMFP was established on January 21, 2025, and is 51% owned by the Mitsubishi Motors Corporation (MMC), and 49% owned by Security Bank Corporation. It is led by Satoshi Nakano who is its President and CEO.

“Today marks a key milestone for MMFP as we launch nationwide.” said Nakano, “As a joint venture between Mitsubishi Motors and Security Bank, MMFP brings together market leadership and financial expertise to offer accessible, reliable financing. Our shared vision is to enrich Filipino lives by making car ownership more attainable and supporting Mitsubishi Motors’ continued growth in the country.”

The launch of Mitsubishi Motors Finance Philippines is part of the Mitsubishi Motors Corporation’s Challenge 2025 mid-term business plan, which positions the ASEAN region as a core growth region. In the 2024 fiscal year, Mitsubishi Motors Philippines was able to sell a total of 91,639 vehicles, making the Philippines one of Mitsubishi Motors’ top ASEAN markets.

_{Photo from Mitsubishi Motors}