Over 9 million Filipinos banking with CIMB PH; on track to exceed 10 million new customers in 2025

CIMB Bank Philippines achieved another stellar milestone as it crossed the 9 million customer mark in just six years.

The country’s most awarded digital-only commercial bank also continued to provide accessible banking solutions to millions of customers, even growing its loan customers to nearly 4 million loan relationships. In 2024, the Bank also achieved a profit before tax growth that is 45 times higher than 2023 and surged past PHP 800 billion in transactions.

“When we first established CIMB in the Philippines back in 2018 as the pioneer all-digital banking services provider, our mission was and still is to give every Filipino access to banking and provide effortless banking with real value passed on to the everyday consumer. This promise was meaningful yet challenging, but in just six short years, we are proud to be the trusted partner of over nine million Filipinos and counting,” said CIMB Bank PH CEO Vijay Manoharan. “This is a reflection of the growing demand of Filipinos for our innovative banking solutions, which in turn addresses our customers’ needs. ?This truly keeps us driven to continue delivering products and offers that empower them to achieve their financial goals.”

As a pioneer in digital-only and embedded banking, CIMB Bank PH has longstanding partnerships with GCash and SeaMoney for various products. The Bank also continued to expand its offerings in 2024 to serve its customers better, starting with the launch of MaxSave Time Deposit, CIMB’s next generation digital time deposit account. The Bank’s partnership with Lazada Philippines also resulted in the launch of two new product offerings: LazPayLater, Lazada Philippines’ flagship Buy Now Pay Later product, and LazSave, an all-digital savings account that is fully enabled within the Lazada app. CIMB also expanded into the overseas Filipino segment last year with the launch of CIMB Kababayan, which caters specifically for overseas Filipinos. CIMB PH is the only bank which is powering financial solutions across three of the major digital platforms in the Philippines.

This year, CIMB Bank PH aims to cross the 10 million customer mark. More great things are in store for the Bank this year as well, as it is poised to launch more trailblazing products, enter new market segments, and form new strategic partnerships which will surely delight its nine million customers and counting.

To stay up to date with the latest news about CIMB Bank PH, visit cimbbank.com.ph