The Bangko Sentral ng Pilipinas has directed CIMB Bank Philippines to promptly address the root cause of the recent unauthorized fund transfers that affected several of its customers.

Relative to the CIMB incident, the Bangko Sentral ng Pilipinas (BSP) has instructed the bank to swiftly address the root cause of the unauthorized fund transfers that affected some of its customers.

Last year, CIMB saw its profit before tax grow at an annualized rate of 45 percent, as transactions expanded by more than 30 percent to breach the P800-billion mark. Last February, the bank said ...

MANILA, Philippines – CIMB Bank Philippines said on Sunday it had completed restoring the lost funds of all customers who reported losing as much as P500,000 due to unauthorized transactions.

CIMB Bank did not state the reason behind the unauthorized fund transfers. In an earlier statement released on Saturday, April 26, CIMB Bank said that its “core banking system and customer data ...

CIMB in February said it aims to add 1 million users to its platform this year to reach a 10-million customer base, and to increase its loan customers up to 4.7 million this year from 4 million in ...

CIMB has set up a dedicated team comprising 30 experienced bankers in Singapore and Malaysia to accelerate market entry for clients CIMB Group Holdings has announced a landmark commitment of RM10 ...

CIMB Philippines CEO Vijay Manoharan said the bank aims to grow its active users from the current 9.1 million by enhancing its mobile app with new features. It also plans to increase its loan ...

KUALA LUMPUR: CIMB Group Holdings Bhd announced that Effendy Shahul Hamid has resigned as its group consumer and digital banking chief executive officer (CEO) to pursue other interests.

Manila, Philippines -- CIMB Bank Philippines, the most-awarded digital-only commercial bank in the country, proudly announced a new offering that heralds its foray into a new customer segment that ...

CIMB Bank Philippines Inc. on Thursday said that it was aiming for total loan disbursements of over P75 billion this year. "We remain steadfast in our mission to redefine banking in the digital age ...

This includes emergency cash withdrawal of up to US$10,000 (S$13,500) per day at CIMB’s overseas branches, and access to over 6,500 CIMB ATMs in Malaysia, Singapore, Indonesia and Cambodia using ...