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Bangkok Post
Bangkok Post
Business

CIMBT eyes 20% gain for digital

Mr Wong says the bank plans to increase its IT and digital investment budget by 15-20% this year to support digital banking expansion.

CIMB Thai Bank (CIMBT) targets growing its digital banking business by 20% this year in terms of users and transactions, driven by increasing digital adoption in Thailand.

According to CIMBT president and chief executive Paul Wong Chee Kin, the bank's retail customer base numbers around 600,000, with half on the digital platform.

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