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CIMB Bank Philippines was established in December 2018 and officially launched in 2019 as an all-digital banking presence. Its mobile app is called OCTO and users are able to open their accounts and manage transactions through the platform. CIMB was awarded the Best Digital Bank 2021 by the Global Banking and Finance Review. [13]
Maya Bank was among the 415 banks that Forbes ranked in 2023 based on a global survey of 48,000 customers. The criteria included digital and customer services, financial advice, and user trust. Nine other Filipino banks made it to the list, including CIMB Bank Philippines, Philippine National Bank, and Bank of the Philippine Islands. [27]
The all-digital CIMB Bank Philippines was established in December 2018 and officially launched in 2019, using a mobile app called OCTO as a platform through which users can open accounts and manage transactions. [19] CIMB Bank in Singapore had two branches, 277,000 customers, six ATMs and over 1,300 staff at the end of 2011.
In 2021, GCredit, a revolving mobile credit line initially powered by Fuse Lending was also transferred to CIMB Bank. [9] GCash also revived its remittance service, now called GCash Padala, and made it available to non-app users through its 2,000 partner outlets nationwide.
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Bank name Country Total assets (US$ billion) 1 DBS Bank Singapore: 509.1 2 OCBC Bank Singapore: 402.2 3 United Overseas Bank Singapore: 340.7 4 Maybank Malaysia: 213.2 5 CIMB Malaysia: 149.3 6 Bangkok Bank Thailand: 130.7 7 Kasikornbank Thailand: 124.3 8 Bank Mandiri Indonesia: 121.1 9 Bank Rakyat Indonesia Indonesia: 117.7 10 Public Bank ...