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Philippines
Tuesday, September 17, 2024

CIMB Bank customers increase to 8.1m

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CIMB Bank Philippines, a leading digital-only commercial bank, said its customer base grew from 7.1 million to 8.1 million as of June 2024, showing a 14-percent increase year-on-year, while loan customers rose to 3.5 million from 2.6 million.

Total deposit cash ins in the first half of 2024 exceeded P167 billion, up by 69 percent from P99.3 billion in the same period last year. Loan disbursements amounted to P31.9 billion, a 19-percent jump from last year’s P28.6 billion.

“Our remarkable achievements in the first half of 2024 are a testament to the dedication and innovation of our entire team and the trust that our customers have bestowed upon us,” said CIMB Bank PH chief executive Vijay Manoharan.

“CIMB is more than just a bank; we are a catalyst for positive change, empowering our customers with cutting-edge solutions and making a tangible difference in our communities so that no one will be left behind. As we move forward, we remain committed to pushing boundaries, setting new standards, and creating a brighter, more inclusive future for all,” he said.

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