Security Bank to offer retail products via LazMall store
SECURITY Bank Corp. (Security Bank) has partnered with Lazada to launch Security Bank’s LazMall Flagship Store where it will offer its retail banking products.
“We’re excited to launch this partnership with Lazada to reach more customers and provide them with innovative and convenient banking solutions. Through the Security Bank LazMall Flagship Store, we hope to make our products more accessible and appealing to the growing online market, especially the younger and tech-savvy segments,” Security Bank Executive Vice-President and Retail Banking Segment Head Rahul Rasal said in a statement on Thursday.
Online shoppers may avail of Security Bank’s Auto Loan, Home Loan, Credit Cards, and Deposit products through the lender’s LazMall Flagship Store.
After buying a product online, Security Bank will send the borrower instructions via e-mail and SMS to proceed with their application.
The bank will also offer customers perks and rewards for availing these products from its online store.
Security Bank said the partnership will allow the lender to tap a growing online customer base without compromising quality or performance.
“At Lazada, we are dedicated to building a trusted and engaging ecosystem to deliver the best online shopping experience for Filipinos. Security Bank is one of our valued financial partners and as we welcome them to LazMall, we look forward to giving more consumers access to quality retail banking products,” Lazada Philippines Commercial Director Sheryll Nito said.
The Security Bank LazMall Flagship Store is now live via the Lazada app or website. Customers can follow the store to receive updates and notifications on the latest offers and promotions from the bank.
Security Bank’s net income rose by 11.4% year on year to P2.63 billion in the first quarter amid growth in its retail and micro, small, and medium enterprises businesses.
Its shares closed at P70 apiece on Thursday, down by 40 centavos or 0.57% from the previous day. — A.M.C. Sy
