CIMB Launches Digital Bank in Vietnam and Digital Lounge in Saigonby Company Announcement December 5, 2018
CIMB Bank unveiled its first Digital Lounge in Ho Chi Minh City (Saigon) and launched its OCTO by CIMB mobile banking 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.
The digital lounge launch was witnessed by representatives from the State Bank of Vietnam, as well as the Consulate General of Malaysia and Malaysia External Trade Development Corporation based in Ho Chi Minh City.
Tengku Dato’ Sri Zafrul Aziz, Group CEO, CIMB Group, said,
“Today marks a momentous occasion as we launch our inaugural Digital Lounge and OCTO mobile banking app in Vietnam, which not only demonstrates our long term commitment to the Vietnamese market but also our 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.
During the launch, there was also a demonstration of how simple it was to register for, authenticate and activate CIMB Vietnam’s OCTO, which is equipped with versatile features to help customers manage their finances speedily, conveniently, securely and in real time 24/7, providing an excellent, seamless customer experience for subscribers.
CIMB Ho Chi Minh City is located at Floor 1, Vietnam Rubber Group Building, No. 177 Hai Ba Trung Street, District 3.