Philippine National Bank (PNB) has partnered with New Jersey-based Alexander Anderson Real Estate Group (AAREG) to beef up its marketing efforts to help push properties in the Philippines to Filipino-Americans in the New York-New Jersey Metropolitan Area.
“We are making it easier for them to obtain a good investment while they are still in the US. We see those in the New York metropolitan area remain to be interested in these investments despite the Covid-19 pandemic,” said PNB president and chief executive officer Wick Veloso.
PNB is making it easier for individuals living abroad to purchase a home in the Philippines through the Own a Philippines Home Loan (OPHL).
AAREG is PNB’s first marketing partner of PNB for OPHL. AAREG chief executive officer Eric Anderson said: “The reality of today’s business landscape is that collaboration and strategic partnerships are fundamental to improving business outcomes.
Our team is excited to grow this relationship with PNB.” Veloso said PNB continues to see a growing number of Filipinos who are interested in acquiring a second home or another home in the Philippines.
Whether they are Filipinos working abroad or foreigners looking for a home or an investment in Philippine property, PNB can help make it easier for them to acquire property in the country, Veloso added.
OPHL provides home loans to Filipinos and foreigners residing and working abroad. This is a convenient way to apply, book and pay for loans without the need to fly to the Philippines. OPHL is being offered through PNB’s overseas branches in Los Angeles, New York, Guam, Canada, Europe, Tokyo, Singapore, Hong Kong and the Middle East.