CIMB to empower Filipino millennials in hurdling financial limitations in pursuit of life purpose

Leading digital banking services provider CIMB Bank Philippines vowed to empower Filipino  millennials with better financial products and financial literacy programs to help them hurdle financial limitations, which was cited in the Bank’s research as the biggest roadblock in pursuing their life purpose.

CIMB to empower Filipino millennials in hurdling financial limitations in pursuit of life purpose
Photo shows, from left to right: Director Antoinette Jadaone, Cat Triviño, Milieu Insight Co-Founder and Chief Commercial  Officer Juda Kanaprach, CIMB Bank PH Chief Executive Officer Vijay Manoharan, CIMB Bank PH Chief Marketing Officer Bunny  Aguilar, Ateneo Business Resource Center Director Dr. John Luis Lagdameo, and Ateneo de Manila University John Gokongwei  School of Management Marketing & Law Department Chair Dr. Norman Tanchingco. 

In collaboration with Southeast Asia consumer research agency Milieu Insight and the Ateneo Business Resource Center of the Ateneo de Manila University John Gokongwei School of Management, the said study found that 1 in 2 Filipino millennials surveyed are not  pursuing, or believe that they are not making progress on, their life purpose. The study also revealed that 65% of surveyed Filipino millennials cited financial limitations as the biggest  barrier in pursuing their life's purpose.  

CIMB Bank Philippines Chief Marketing Officer Bunny Aguilar said that the company will soon  launch an active financial literacy campaign and offer meaningful financial products as an advocacy for the Filipino millennials. 

To learn that half of the Filipino millennials are not  actively pursuing what they think they’re meant to do, their life purpose because of financial  limitations, we took it upon ourselves to let them know that CIMB is here to encourage them to live their life purpose. We will provide better accessible financial solutions and financial  literacy awareness to help them and our customers achieve their life goals,” Aguilar said.  

Aguilar also revealed that the study and partnerships with Ateneo and Milieu Insight are the first steps in repositioning the CIMB Bank PH brand with purpose at the center. “With our  #LiveYourPurposeWithCIMB program, we will focus all efforts in making CIMB brand in the  Philippines as the digital banking service provider that helps our customers pursue their life  purpose,” Aguilar said. 

About CIMB Bank Philippines 

CIMB Bank Philippines is a commercial bank providing innovative mobile-first digital banking  solutions and services. It is currently serving more than 6.5 million Filipinos and over 2 million lending customers. Since its establishment in 2018, it has garnered 82 prestigious international awards and is a leader in digital banking products and services in the Philippines. 

CIMB Bank Philippines is also part of the CIMB Group, one of ASEAN's leading banks present in over 16 global markets. Read more about the bank’s products and promos on www.cimbbank.com.ph.

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