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PH

CIMB records nearly 5 million users at end-September

CIMB BANK Philippines registered nearly five million users at end-September as it targets to boost financial inclusion in the Philippines, it said in a statement.

Among these clients, nearly one million have tapped the bank for their lending needs, it said in a statement on Thursday.

CIMB has so far disbursed P9.3 billion in financing as of end-September, surging by 12 times from the amount it lent in same period in 2020.

Meanwhile, its deposits climbed by more than three times to P62 billion at end-September from a year ago.

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