Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Financial Technology»CIMB Bank Philippines Ranks in the Top 50 Best Digital Banks Globally
    Financial Technology

    CIMB Bank Philippines Ranks in the Top 50 Best Digital Banks Globally

    FintechFetchBy FintechFetchJuly 31, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Free Newsletter

    Get the hottest Fintech Singapore News once a month in your Inbox

    CIMB Bank Philippines has been ranked 41st in The Asian Banker’s World’s Top 100 Digital Banks 2025, making it the highest-ranked digital bank from the Philippines on the list.

    The Asian Banker, a provider of strategic intelligence in the financial services industry, evaluated over 160 banks from 42 markets using a scorecard that assessed capabilities across five dimensions. These verticals are mainly customers, market/product coverage, profitability, asset and deposit growth, and funding.

    The evaluation considered profitability, operational efficiencies, funding security, and the strength of loan books and balance sheets.

    CIMB Bank Philippines experienced a notable year in 2024, with its profit before tax increasing significantly compared to 2023. Transaction volumes grew by over 30%, and deposit transactions increased by over 35% from 2024.

    The bank’s customer base has now exceeded 9 million, with loan customers reaching nearly 4 million. According to The Asian Banker, solid business performance, product offerings, customer growth, and financial performance led the bank to become the top digital bank in the Philippines and secure a spot within the top 50 globally.

    Vijay Manoharan, CEO of CIMB Bank Philippines, commented on the recognition.

    Vijay Manoharan

    “In just six short years and as the pioneer in changing how banking is brought to the everyday Filipino consumer, we are humbled to once again be hailed as one of the world’s best banks,” Vijay said.

    He also expressed pride in the bank’s global recognition, noting that the award demonstrated their continued efforts to serve Filipinos by offering practical solutions for their everyday financial needs.

    Manoharan also highlighted how the bank promotes credit inclusion by giving almost 4 million Filipinos access to credit.

    CIMB Bank Philippines has accumulated 145 accolades, including Forbes’ 2023 World’s Best Banks Ranking, where it earned recognition as the top bank in the Philippines.

    Featured image by CIMB Bank PH.

    This article first appeared on fintechnews.ph.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleHere Are the Best Strategies for Owning Multiple Franchises
    Next Article With Time Confidence Will Grow in AI Verification: LexisNexis Risk Solutions Reveals Public Concerns
    FintechFetch
    • Website

    Related Posts

    Financial Technology

    AI Set to Add Nearly US$1 Trillion to Southeast Asia’s Economy by 2030

    August 1, 2025
    Financial Technology

    Fintech Takes a Larger Share of Thailand’s Tech Funding

    August 1, 2025
    Financial Technology

    Optimising Cross-Border Payments Globally: Shaping the Economy of Tomorrow

    August 1, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Binance Opens Trading In Syria After US, EU Lift Sanctions

    June 12, 2025

    Prediction Claims Ethereum’s Reign Is Ending

    March 19, 2025

    XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says

    April 27, 2025

    Waves (WAVES) Price Prediction 2025 2026 2027

    February 9, 2025

    Retail Broker Tauro Markets’ Backer Synervest Doubles Valuation After $4M Raise

    July 26, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    The Idea of “Dumb” Retail Money Is out of Date, Says eToro’s Executive

    March 30, 2025

    International Trading Institute Partners with TradingView to Elevate Professional Trading Education

    April 17, 2025

    What Is Open on Easter? Walmart, Whole Foods, Wegmans, More

    April 18, 2025
    Our Picks

    XRP, TON Defy Market Correction as BTC, Alts Continue to Melt Down: Weekend Watch

    August 2, 2025

    Tesla stock looks overpriced to me. But might it be a long-term bargain?

    August 2, 2025

    Bitcoin’s $115K Struggle: Is a Deeper Drop on the Horizon?

    August 2, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.