The digital path to financial wellness

The digital path to financial wellness

Posted by Ria Hazel on 10:00 AM in CIMB, Gcash, GCash Customer Proteect, GSave, PlsSaveMe, save, savings, Savings Account,

Filipinos, it would seem, are bad savers. We spend conspicuously on everything—from dining out and watching movies to incessantly shopping online—yet many attest to family and friends that they actually live from paycheck to paycheck. 

The numbers and data don’t lie either. The World Bank’s 2017 Global Findex Database affirmed that 66 percent of Filipinos do not have a savings account. Further studies even show that one in five Filipinos still think they do not need a savings account, and of those who do want to save with a bank, 18 percent said they did not have the necessary documents and 10 percent felt it was too expensive to open an account.

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CIMB Bank Announces 500,000th Customer

CIMB Bank Announces 500,000th Customer

Posted by Ria Hazel on 8:47 PM in banking, CIMB, CIMB Bank, finance, Gcash, Malaysian Bank, PH Banking, Savings Account,

CIMB Bank Philippines (CIMB Bank PH) announced that it has garnered 500,000 customers, approximately six months after opening its doors for business in the Philippines. The milestone was reached anchored on a strong proposition of co-creation and partnership between CIMB Bank and GCash.

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