CIMB Bank Philippines, a commercial lender providing innovative mobile-first digital banking solutions and services, ended the third quarter with a total transaction value of P197 billion, up by 39 percent from a year ago.
The bank also grew its customer base to 6 million customers, a million more than in the previous period.
CIMB Bank Philippines chief executive Vijay Manoharan said over the weekend the bank’s continuous growth in the past four years was a testament to its unwavering commitment to drive the digitalization of the country towards financial inclusion and giving customers greater value.
“We are humbled by what we have achieved because we owe our success to our six million customers, who we are committed to help each of them and their families to solve their financial needs and help them realize their dreams,” Manoharan said.
CIMB, the country’s pioneer in digital banking, continues to enjoy strong growth in deposit offerings. By the end of the quarter, the bank increased its deposit and cash-in transactions this year to more than P100 billion.