CIMB Bank PH inks partnership with Bayad Center driving new wave of digital banking adoption
The multi-awarded all-digital bank will be extending credit facility to the eligible Bayad Center customers who regularly pay their bills through Bayad Center’s mobile app. The credit facilities will cover both personal loans and revolving credit lines, to allow customers to manage their money on-demand, on-top of being able to save through Bayad Center app.
CIMB Bank PH was awarded Best Digital Bank and Best Digital KYC and Account Opening Initiative, Application or Programme at by The ASEAN Banker
Launched to the public early this 2019 with the goal of bringing a unique and differentiated digital banking experience to Filipinos, CIMB Bank PH has rapidly expanded its offerings and has established itself as the Philippines’ digital banking market leader.
CIMB Bank Philippines accelerates access to formal banking with all-digital, mobile-first model
CIMB Bank PH leads the virtual banking industry with 97% deposit growth in the third quarter of 2019. This is made possible by them providing financial services at more favorable rates as they do not incur expenses as establishing and securing branches and maintaining automated teller machines (ATMs).