CIMB Bank unveiled its first Digital Lounge in Vietnam

CIMB Bank also launched its Octo by CIMB mobile banking app for consumers in Vietnam.

Saigon (Ho Chi Minh City) to host 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 services.

Tengku Datuk Seri Zafrul Aziz. The CIMB Group CEO 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.”