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How did CIMB Become the Most-Awarded Digital Bank in the Philippines?

How did CIMB Become the Most-Awarded Digital Bank in the Philippines?

Since setting foot in the Philippines in December 2018, CIMB Bank Philippines’s main objective is to provide Filipinos the financial freedom for better opportunities through better and smarter choices when it comes to their banking needs. Since then, CIMB Bank has provided innovative solutions for Filipinos to be able to open a bank account digitally via their smartphone in just 10 minutes, along with an easy and straightforward application process for personal loans, both available 24/7 and with instant account opening

Aside from the added convenience, CIMB BANK also offers up to 4% p.a savings interest rate which is amongst the highest in the country, free life insurance, and other value-added partnerships with key brands in the Philippines like GCash, the leading e-wallet in the Philippines, and Bayad Center, the leading payment center in the country.

In just 21 months, CIMB Bank has amassed nearly 3 million customers making it the fastest growing digital bank in ASEAN, with 30% of the customers having CIMB Bank as their first bank account. This further drives the nation-building agenda of financial inclusion and giving more Filipinos access to a banking relationship that is simple, easy, and convenient. Further, CIMB Bank has accumulated 21 awards in just 21 months, proving that CIMB Bank’s goals are welcomed by Filipinos.

“Each of these milestones strengthens our resolve in changing the Philippine banking landscape and giving value to the citizens of this nation. We are grateful and humbled by the overwhelming support from all Filipinos and this makes us want to work even harder to continue to bring more value through meaningful solutions to the unbanked and underbanked with our easy access to simple and convenient digital banking. Also with our digital banking platform strategy, working with GCash, Bayad Center, and many others, we are able to

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SparBar LTD. (UK) Announces New Business Partnership, Construction of New 108,000 SqFt Philippines Factory

SparBar LTD. (UK) Announces New Business Partnership, Construction of New 108,000 SqFt Philippines Factory

SparBar, Ltd. will partner on the project with the Topline Group of Companies, a dynamic business and property development enterprise based in the Philippines and London, England. The 108,000 square-foot (approximately 2.5 acre) project development, approved last month for a 50-year license by the Philippine Economic Zone Authority, will provide more than manufacturing; it will also serve as the new research, development, and design hub for this exciting sporting brand. “We are dedicated to constant innovation, improvement, and evolution of the SPARBAR™ brand, and bringing R&D into a single, in-house facility will increase our efficiencies and enhance our product offerings long into the future,” said Gill. The SPARBAR™ inventor reached a binding Memorandum of Understanding with Topline late last week, and only minor details remain before the parties memorialize the full Partnership Agreement.

Topline Group of Companies CEO Eugene Erik Lim says his firm is committed to the success of SparBar LTD and all SPARBAR™ products. “SparBar, Ltd. aligns with our company’s value of instilling positive growth in the community and helping people around the world achieve their true potential,” said Lim, who says the sporting company will make available its fitness and combat equipment for gyms, boot camps, and talent development throughout the Philippines.

SparBar, Ltd. Advisor Demee Koch, spearheading the partnership initiative for the Cebu facility, says that the new project is not just a production deal, but a social and community venture. “We are incredibly excited to support the local community through increased employment and on-the-job training, but that’s not all,” said Koch. “We’re also excited to bring SPARBAR’s culture of personal growth and improvement to the community.”

According to Gill, the partner companies are a perfect match. “Topline Group of Companies and SparBar, Ltd. share the same values, and we’ve got some very exciting

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