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XL Axiata and CIMB Niaga Collaborate to Synergise Banking and Telecommunication Services

Jakarta, 20 September 2023. PT XL Axiata Tbk (XL Axiata) and PT Bank CIMB Niaga Tbk (CIMB Niaga) agreed to establish a strategic partnership to synergise banking and telecommunication services to provide added value for customers/consumers and support sustainable business. Through this partnership, both companies will optimise their network and infrastructure to provide convenience and comfort for customers/consumers in conducting banking transactions and accessing digital services.


The Memorandum of Understanding (MoU) was signed by Consumer Banking Director of CIMB Niaga Noviady Wahyudi and Director & Chief Commercial Officer-Consumer of XL Axiata David Arcelus Oses, witnessed by President Director of CIMB Niaga Lani Darmawan and President Director & CEO of XL Axiata Dian Siswarini in Jakarta, Wednesday (20/9/2023).


On the occasion, Lani Darmawan stated that the banking and telecommunications industries are part of the backbone of Indonesia's economic growth. Both have an important role in the changing behaviour of people who use digital services for both communication needs and financial transactions. Therefore, the integration of CIMB Niaga and XL Axiata services is not only a driver of business growth for both companies but is also expected to make an optimal contribution to the national economy.


"We are proud that, in the month of our 68th Anniversary, CIMB Niaga as the second largest national private bank in Indonesia established a strategic partnership with XL Axiata, the leading mobile telecommunications operator in Indonesia. This collaboration between major players in the banking and telecommunications industry will certainly provide mutual benefits for both companies and their consumers. We hope that this effort can increase financial inclusion, expand digital access, and support a cashless society in Indonesia," said Lani at the MoU Signing of CIMB Niaga and XL Axiata in Jakarta, Wednesday (20/9/2023).


Meanwhile, Dian Siswarini, said, "XL Axiata welcomes the strategic cooperation with CIMB Niaga, this is in line with our focus to continuously improve service quality and provide more benefits to our loyal customers and the Indonesian people. With the increasing digitisation of the financial services industry, supported by more customers using digital channels to bank, telecommunications companies are well positioned to offer financial services through their network infrastructure, including XL Axiata."


Dian further added, through this collaboration, XL Axiata customers can access banking services such as opening savings, e-wallets, subscription discounts through myXL application and vice versa, CIMB Niaga customers will be able to get XL Axiata services through CIMB Niaga's digital application. This cooperation and collaboration can also continue to be developed so that in addition to providing benefits for both parties, it will also be able to increase the attractiveness for our customers or consumers. For XL Axiata, we also hope that this collaboration will further enhance the customer experience in using XL Axiata products and services.


The cooperation between CIMB Niaga and XL Axiata is in line with CIMB Niaga's mission to provide universal banking services in Indonesia and ASEAN in an integrated manner. This is also one of the real steps to strengthen the transformation as a bank that provides leading digital banking services in Indonesia, in accordance with CIMB Niaga's commitment to provide easy and practical services for the community. As for XL Axiata, this collaboration is in line with XL Axiata's purpose to bring the world closer in a simple way to realise a brighter life for end customers.

  • Marketing