CIMB Bank Targets 10 Million Users in 2025, Rolls Out 10% Cashback Promo

CIMB Bank Philippines is ramping up efforts to expand its customer base to 10 million by 2025, aiming to add one million new users through enhanced digital services and exclusive promotions.

Key Expansion Plans

Current Active Users: 9.1 million
Target Users by 2025: 10 million
Loan Customers Target: 4.6M–4.7M (from 4M in 2024)

New Offerings & Promotions

10% Cashback Promo (CIMB Pay)

• Available until the end of February
• Spend at least ₱500 to qualify
• Cashback capped at ₱200 per transaction

New Savings Feature: “Own My Goals”

• Lets users set deposit targets and earn rewards

Expanded Remittance Services (March 2025)

• Already available in 25 countries for overseas Filipinos

Future Plans & Market Expansion

🔹 Tapping Small and Medium Enterprises (SMEs)
🔹 Launching investment products:

• Equities
• Digital tokens
• Insurance

Strong 2024 Performance

• ₱800 billion in transactions
• ₱100 billion in loan disbursements

CIMB remains focused on digital banking innovation, doubling its balance sheet within the next three years to solidify its position in the Philippine banking industry.