Security Bank, SBM Leasing Inc., and NMADI executives during the signing ceremony (L-R): Jaja Acosta, Focus Segments Lead; Joey Sison, Asset Business Sales Head; Martin Ledesma, President and CEO, SBM Leasing, Inc.; Nyle Balasbas, General Manager, NMADI; Neil Capisen, Business Development and Marketing Manager, NMADI; Chersam Val Tan, Sales Manager, NMADI
Security Bank,
SBM Leasing Inc., and North-Min Auto Dealership, Inc. (NMADI) have formed a
strategic partnership to expand access to Isuzu commercial vehicles for
businesses in Mindanao, supported by flexible and competitive financing
solutions.
The partnership simplifies how businesses
acquire vehicles by integrating dealership access with structured financing. This
allows companies across logistics, construction, and agriculture to expand and
modernize their fleets more efficiently.
NMADI, one of the country’s leading Isuzu dealer groups, supports the initiative through its established presence across Northern and Western Mindanao, enabling broader reach and faster access for clients.
“This
partnership brings together complementary strengths,” said Martin Ledesma,
President and CEO of SBM Leasing Inc. “With integrated financing and dealership
access, we make it easier for businesses to invest in the vehicles they need to
grow. By combining Security Bank’s client reach, SBM Leasing’s financing
expertise, and NMADI’s distribution network, the collaboration improves access
to mobility solutions where they are most needed, supporting business
expansion, productivity, and regional economic activity.”
As demand for reliable transport and logistics capacity continues to grow in Mindanao, the partnership positions Security Bank and its partners to support businesses with practical, scalable solutions.
About Security Bank
Established in 1951, Security Bank is one of the Philippines' leading universal banks and has been publicly listed with the Philippine Stock Exchange (PSE:SECB) since 1995. Its businesses include retail, corporate, commercial, and business (MSME) banking, offering a wide range of services such as lending, leasing, foreign exchange, stock brokerage, investment banking, and asset management.
Security Bank differentiates itself as a
strong, domestic, independent bank committed to delivering a superior customer
experience aligned with its brand promise of BetterBanking—grounded in a deep
understanding of customer needs and delivered through professional,
personalized, and timely solutions. Its strategic alliance with MUFG Bank,
Ltd., Japan’s largest bank, provides customers access to a broad global
network.
The Bank has received numerous local and
international recognitions for product innovation, market leadership, and
best-in-class management practices.
For more information, visit www.securitybank.com.
Security Bank Corporation is regulated by
the Bangko Sentral ng Pilipinas www.bsp.gov.ph
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