• Digital Banking
  • Our App
  • Promotions
  • Our DNA
  • Financial Literacy Articles
  • Help & Support
Digital Banking
Our App
Promotions
Our DNA
Financial Literacy Articles
Help & Support
Our Products
Our Partners
Latest Promotions
Merchant Deals
Careers Page
Newsroom
Newsroom Archive (Hidden)
Financial Essentials
Security Tips

CIMB Bank PH eyes to extend more borrowings this year

CIMB Bank Philippines is eyeing to grow its loan portfolio by at least three times this year as consumers seek additional sources of funding.

 

Vijay Manoharan, the digital bank’s CEO, told BusinessMirror that CIMB Bank PH is banking on the tightening of lending standards among conventional financial institutions to beef up its loan portfolio.

 

“If you look at industry statistics, most banks are tightening and reducing the lending facilities given the pandemic,” he said, noting that there is an “unfulfilled” demand.

Read more

Open a CIMB Bank account today

Download the CIMB Bank PH App
#Business

You may also like

You are about to enter a third party website & CIMB Group's Privacy Policy will cease to apply.

This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by CIMB Group.

 

CIMB Group makes no warranties as to the status of this link or information contained in the website you are about to access.

 

Do you wish to proceed?

Yes, please proceed