Founded in December 2018, this digital Bank is a part of CIMB Company, a universal Malaysian bank with a presence in 16 global markets. CIMB Bank Philippines is a mobile-first, brand new digital bank headquartered in Metro Manila, Bonifacio Global Capital. We are changing the way Filipinos encounter banking with our revolutionary paperless account opening model — all fuelled by our easy-to-use CIMB Bank PH app — anywhere, anywhere, and no fees.
Address: Ground Floor ORE Central 9th Avenue corner, 31st Street, Taguig, 1634 Metro Manila, Philippines.
Established as a wholesale bank in the Philippines in the 1990s, ING Philippines introduced its all-digital Bank in early 2019 with a smartphone app. ING is a multinational organization with branches across Europe, Asia, and the Americas in more than 40 nations. As a global bank, ING claims that economic change is guided by the ingenuity and commitment of people and enterprises to better the prospects for themselves and others around them. We aim to inspire them-whether humble or great-to realize such dreams. The goal drives us in everything that we do. So we pledge to make banking transparent and convenient for our clients, accessible anytime and everywhere, and to keep getting better.
Address: World Plaza, 27th, 5th Ave, Taguig, Philippines
RCBC, the Yuchengo Group of Companies’ (YGC) banking arm, has already entered the Digital Banking field with the DiskarTech App. It seeks to provide millions of unbanked and underserved Filipinos with ‘commercial sachet facilities. The resources provided by the company do include bills payments, telemedicine, airtime load transactions, and gaming buttons, QR code transfers, and others. Further programs, such as microinsurance and the exchange of talents for enterprising Filipinos, will be launched shortly.
East-West Banking Corporation (EastWest) reports its new global race partnership with Komo–a fully-fledged bank. It makes EastWest the first local universal banking company in the Philippines to open its own entirely digital Bank, while it proceeds to follow its Retail Banking strategy. EastWest was founded in 1994 and is one of the fast-growing banks and has become among the country’s most successful banks. The new technology effort is part of the Bank’s innovation plan and dedication to innovating with growing consumer demands and delivering streamlined, safe and effective solutions.
Awarded by Asiamoney as Best Digital Bank in the Philippines for three consecutive years from 2017 to 2019, UnionBank merits a spot. Though they begin as a corporate bank, they are ramping up to become global banks by incorporating new products and technology. Their digital transition started in 2016 with the introduction of EON–Asia’s first self-bank utilizing facial recognition technology, which received the 2018 Asian Banker Philippine Nation Awards as The Best Digital Bank in the Philippines.
UnionBank Plaza Bldg., Meralco Ave. corner Onyx St., Ortigas Center, Pasig City, Philippines