CIMB Bank PH, the country’s top digital-only bank, has surpassed 9 million customers in only six years after its launch. The achievement underscores its success in providing accessible, innovative banking solutions to millions of Filipinos, and positions it to exceed 10 million customers by 2025.
In 2024, CIMB reported remarkable financial growth with a 45-fold increase in profit before tax compared to the previous year and transactions surpassing P800 billion. This was attributed to the bank’s continuous innovation in digital banking and strategic partnerships.
CIMB Bank PH CEO, Vijay Manoharan, emphasized the company’s commitment to offering seamless banking experiences, saying, “This achievement reflects the growing demand from Filipinos for our services and encourages us to keep innovating to empower them in achieving their financial goals.”
As a pioneer in digital banking, CIMB has strengthened its position through strategic alliances with major platforms like GCash, SeaMoney, and Lazada Philippines. The bank has also expanded its offerings, including the launch of MaxSave Time Deposit and LazSave savings account. The introduction of CIMB Kababayan further highlights its focus on serving the overseas Filipino market.
With plans to launch more groundbreaking products and form new partnerships, CIMB Bank PH is set to continue its rapid growth, reshaping the landscape of banking in the Philippines.
