Doris Dumlao reports that car loans are growing for Metropolitan Bank and Trust Co., the country’s largest bank.
She has reported a faster-than-expected growth in car loans in the first eight months, suggesting a robust contribution from consumer lending for the rest of the year.
Her report indicates that Metrobank’s car availments in the first eight months expanded by 30.65 percent over the volume generated in the same period last year.
4 Feedbacks on "Car loans growing for Metrobank"
boy
I think more Filipinos are now dumping their SUV vehicles which consumes alot of fuel in exchange for a new small engine sedan.
Good for me that I still have my 1.5 decade old 1.6L sedan, all i need to do is have it fix.
leeyah
just an inquiry,is toyota echo more economical than rav4?
Rick
Leeyah, do you mean that Toyota Echo is more fuel efficient than a RAV4? Yes, it is because RAv4 is an SUV.
rene
Its not economical to maintain a car of more than 5 years old. Its no longer fuel effecient even if it has a smaller engine. I would suggest of buying a new one and sell the old car
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