Hyundai Motor PH adds RCBC in financing partner network

MANILA: Hyundai Motor Philippines Incorporated (HMPH) has added Rizal Commercial Banking Corporation (RCBC) in its financing partner network.

According to the Korean automaker’s local arm shared that the newly-forged agreement — signed last December 16 at the Grand Hyatt in Bonifacio Global City — is eyed to provide customers with “competitive retail financing products and exceptional customer service by leveraging RCBC’s nationwide presence, wide consumer loan portfolio, and advanced digital infrastructure.

“HMPH is proud to partner with RCBC given their proven expertise in delivering fast and seamless auto loan services,” the company said in a statement.

With this, RCBC is one of the banks that powers Hyundai Finance — the brand's financing program in the country. To recall, the aforementioned initiative was launched in 2023.

Leading the ceremonial activity were HMPH President Jiho Son, and RCBC Senior Vice President 2 and Consumer Lending Group Head Atty. Ramil de Villa.

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Per HMPH, both leaders are optimistic about the collaboration — emphasizing its role in making vehicle ownership more accessible and convenient for Filipino customers.

“With RCBC exhibiting strong consumer lending growth, this alliance marks a significant milestone for Hyundai Finance in expanding its offerings, providing competitive retail financing products, and excellent customer service to customers and potential Hyundai owners,” HMPH concluded.

HMPH lineup

Currently, HMPH offers to the market the following models:

• Elantra
• Elantra N
• Ioniq 5
• Ioniq 6
• Ioniq 9
• Creta
• Tucson
• Santa Fe
• Kona
• Palisade Hybrid
• Venue
• Custin
• Stargazer
• Staria
• H-100

The price of Hyundai’s offerings in the country starts at P798,000 all the way to P4.58 million.

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