March 21, 2023

CIMB Bank PH posts 39 percent transaction growth

The digital bank posted a high transaction growth during the period.

CIMB Bank Philippines recorded a transaction value of P197 billion during the third quarter of the year, up by 39 percent from a year ago. The bank also grew its customer base to 6 million customers, compared to the previous period. Bankero Vijay Manoharan said that bank’s continuous growth was a testament to its steadfast commitment to drive the digitalization of the country towards financial inclusion and giving customers greater value. During the same period, the bank also increased its deposit and cash-in transactions this year to more than P100 billion.