Cambodia Investment Review
Phillip Bank, the sole Singaporean-owned commercial bank in Cambodia, as part of their corporate social responsibility (CSR) initiatives, recently donated a bicycle to a needy student in Prey Veng province. The bicycle, contributed by a customer of the bank, will serve the student in their daily activities.
The donation event took place in the morning at Kamchay Mear District, Prey Veng Province. In attendance were the regional manager of Phillip Bank, the school principal, and other pertinent parties.
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This act of generosity traces back to the “Save & Win” promotional campaign by Phillip Bank in 2022, where customers got chances to win a variety of prizes upon depositing with the bank. The donated bicycle was a Scott bike, won by one of the bank’s customers during this campaign.
Phillip Bank is recognized for its commitment to supporting and aiding underprivileged communities via sponsorships and collaborations to arrange fundraising events. These donations are channelled through the bank’s local non-governmental organization, Koampia Phum Yoeung (KPY).
Expressing his appreciation, Mr. Chan Vandara, the Regional Manager of Phillip Bank, commented, “Phillip Bank is overwhelmed by the kindness of our esteemed customers for their thoughtful donation to the children in Koampia Phum Yoeung’s targeted area.”
Mr. Chan Sambath, the Director of KPY, mentioned that KPY and Phillip Bank have been working in conjunction for more than a decade, initially as a project of KREDIT Microfinance. Their collaboration aims to uplift vulnerable individuals and communities in Cambodia by providing training and consultation in areas such as financial literacy, agriculture, child rights, health, and education.
In other news, Phillip Bank recently launched the 2023 promotion “Return Like Never Before”. This offer allows customers who deposit with the bank to enjoy a high annual interest rate of up to 8.25%. They also stand a chance to win various prizes, including a Ford Everest Titanium 2023, a Ford Ranger Wildtrak 2023, fifteen Samsung Galaxy Z Fold4, and fifteen cash prizes of $888 each.
