PLDT plugs in digital solutions for banks operating in Southeast Asia

{The following article is first published in Philippine Star}

CIMB Group Sdn Bhd of Malaysia has tied up with Philippine Long Distance Telephone Co. (PLDT) to offer digital financial offerings and solutions for customers across Southeast Asia.

CIMB Group chief executive officer Tengku Dato’ Sri Zafrul Aziz and PLDT chairman Manuel V. Pangilinan signed the collaboration agreement between the wholly owned subsidiary of CIMB Group Holdings Berhad and PLDT’s Smart Communications Inc. and Voyager Innovations Inc.

“This partnership comes at an opportune time when the roles of telecommunications providers and banks are increasingly converging. It is especially exciting that the partnership may, among others, be able to leverage on PLDT’s experience and insights in serving its sizeable customer base,” the CIMB chief executive said.

Aziz said the CIMB Group would be able to offer innovative and differentiated digital banking and financial technology solutions in the Philippines and other members of the Association of Southeast Asian Nations (Asean) through the partnership with the PLDT Group.

Pangilinan, for his part, said CIMB is among the largest and most diversified Asean banks and its regional banking knowledge and presence across the region would provide depth to this digital partnership.

The collaboration is premised on the unique capabilities and positions of the partners.

SEE ALSO: How to set up PLDT Repeater WiFi password.


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