Digital-only commercial bank CIMB Bank Philippines is setting its sights on expanding its customer base to 10.5 million by the end of 2025, driven by the introduction of new products. “We 'll grow another 500,000 by year-end, on top of the 10 million. I think we should be close to 10.5...
Digital payments giant Visa plans to forge two more partnerships with traditional banks this year—adding to its newly launched collaboration with CIMB Bank Philippines—to help bridge the multi-billion-dollar funding gap for small and medium-sized enterprises (SMEs). “I’m hoping by the end...
The Bangko Sentral ng Pilipinas (BSP) on Sunday, April 28, said it is actively coordinating with CIMB Bank Philippines to address unauthorized fund transfers that have affected certain customers. Citing a statement issued by the digital-only commercial bank last Friday, April 26, CIMB Bank...
Digital-only commercial bank CIMB Bank Philippines has set its sights on processing up to ₱500-million worth of monthly transactions with its brand-new product, CIMB Pay, this year. Speaking to reporters last Monday, Feb. 17, CIMB Philippines CEO Vijay Manoharan said the digital bank’s monthly...
CIMB Bank Philippines reported solid growth in its customer base for the first half of the year, fueled by attractive deposit promotions. In a statement on Monday, Sept. 9, the digital-only commercial bank said that its customer count surged 14 percent to 8.1 million as of June 2024 from 7.1...
CIMB Pinoy Mavericks Awards Night 2024 Nominees with CIMB Executives (L-R): Myke Celis (Nominee), April Perreras (Nominee), Erline Maniquis (Nominee), Vijay Manoharan (CIMB CEO), Marlon Fuentes (Nominee), Phoebe Fructuoso (Nominee), Jkhriez Pastrana (Nominee), Ankur Seghal (Chief Business &...
From left: D’Artagnan Aguilar, CIMB Bank PH Chief Marketing Officer; Steve Dailisan; Myke Celis; Marlon Fuentes; Phoebe Fructuoso; Jerico Ramota; Jkhriez Pastrana; Jerico Silvers; MK Bertulfo; April Perreras; and Erline Maniquis. Many know CIMB Bank Philippines as one of the country’s first...
CIMB Bank Philippines, the most awarded digital-only commercial bank in the country, recently launched the first-ever CIMB Pinoy Mavericks Awards, which aims to honor inspiring stories of triumph after travails, while also promoting financial inclusion and social responsibility. “We believe...
Digital-only commercial bank CIMB Bank Philippines delivered impressive financial results for the first half of 2023, with its revenues growing to nearly 240% from its figures in the same period last year. The bank's exceptional performance can be attributed to the growth in its loan...
Digital-only bank CIMB Bank Philippines and Visa, a global leader in payments technology, have sealed a strategic partnership to work together to make financial solutions easier to access and more innovative for all Filipinos. CIMB Bank Philippines Chief Executive Officer Vijay Manoharan and Visa...
Life insurer Pru Life UK has teamed up with CIMB Bank Philippines to make digital financial products and service more accessible to Filipinos through technology. Subject to regulatory approval, Pru Life UK said the insurer would be the first bancassurance partner for the local unit of CIMB, one of...