CIMB advances digital ambition in Vietnam

HO CHI MINH: CIMB Bank () Limited today unveiled its first Digital Lounge in Ho Chi Minh City and launched its Octo by CIMB mobile app for consumers.

Ho Chi Minh City hosts CIMB Bank Vietnam’s first branch presence following the establishment of its headquarters in Hanoi in 2016. The launch also marks the beginning of CIMB Vietnam’s digital banking proposition, inaugurated by Octo which offers fast, secure and convenient 24/7 mobile banking.

CIMB Group CEO Tengku Datuk Seri Zafrul Aziz said the launch of its inaugural lounge and Octo in Vietnam not only demonstrates its long term commitment to the Vietnamese market but also its ambition to continue contributing to the growth and development of Asean.

“As one of the region’s fastest growing markets, with macroeconomic stability, a strong entrepreneurial culture, and a high proportion of young mobile-centric population, Vietnam is well-poised to contribute significantly to Asean’s economic development. With CIMB’s strong Asean network, in-house financial expertise and accomplished partners, we are confident that we have entered Vietnam at the right time to start developing ecosystems that deliver, not just great banking products and services, but also other offerings that add real value to the CIMB customer experience.”

Source: The Sun Daily

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