Cambodia Investment Review
As Singapore celebrates its National Day on 9 August 2026, Phillip Bank is reflecting on what it means to be a Singaporean bank in Cambodia. Beyond its heritage, the Bank believes its identity is defined not by where it comes from, but by the 3 values it upholds every day: integrity, innovation, and integration.
Key Points:
- Core Heritage: Ahead of Singapore’s National Day on August 9, 2026, Phillip Bank highlights 17 years of operation in Cambodia backed by the Singapore-headquartered PhillipCapital Group.
- Three Key Pillars: The bank’s operations are driven by three core values: Integrity, Innovation, and Integration.
- Cross-Cultural Celebration: Phillip Bank is hosting the Shiok Sabay Festival to celebrate Singapore’s National Day by partnering Singaporean and Cambodian businesses to foster local community growth.
As part of the Singapore-headquartered PhillipCapital Group, Phillip Bank is guided by a corporate code. We emphasize integrity in words and actions, put our customers first by delivering innovative solutions, invest in people, and promote integration by creating value through collaboration and building lasting relationships founded on trust rather than short-term gains. These principles shape how the Bank serves customers, develops solutions, and contributes to Cambodia’s financial sector.
Phillip Bank’s 3 Core Values
Integrity begins with doing business the right way. Phillip Bank is guided by an experienced Board of Directors whose collective expertise reflects the Bank’s commitment to sound governance and responsible banking. The Board is chaired by Mr. Lim Hua Min, Founder and Executive Chairman of PhillipCapital Group and a pioneer of Singapore’s financial services industry, who holds an Honorary Doctorate from the London School of Economics. It also includes Mr. Koh Yong Guan, former Managing Director of the Monetary Authority of Singapore, former Commissioner of Inland Revenue at the Inland Revenue Authority of Singapore, and Chairman of the Singapore Deposit Insurance Corporation, and Mr. Paul Gwee, Secretary General of the ASEAN Bankers Association. Together with other accomplished professionals on the Board, their experience reinforces the Bank’s governance, risk management and regulatory discipline, fostering a culture of integrity, accountability and long-term stewardship.
Innovation is demonstrated through solutions that create meaningful value for customers. Phillip Bank has received industry recognition for initiatives that improve the banking experience, including the Best Digital Transformation Initiative award for Phillip Business, its digital banking platform for businesses; the Best Cross-Border Payment Initiative award for its overseas remittance service in partnership with Visa; and the Best Branch Initiative award for its Norodom Branch, which reimagines the traditional banking experience by integrating financial services with art and community engagement. These recognitions reflect the Bank’s commitment to continuously improving how customers bank.
Integration reflects the strength of the PhillipCapital Group, which has spent more than five decades focused exclusively on financial services, building deep expertise across banking, capital markets, wealth management, insurance and financial advisory services. Today, with more than US$3 billion in shareholders’ equity, over US$85 billion in assets under management and custody, operations across 16 countries, and a team of more than 5,000 employees, the PhillipCapital Group provides the financial strength, stability and expertise that support Phillip Bank’s long-term commitment to Cambodia.
“PhillipCapital Group has been serving customers in Cambodia since 2009,” said Mr. Raymond Chee, Deputy Chief Executive Officer of Phillip Bank. “For 17 years, our businesses here have been guided by the bank’s Corporate Code, which calls on us to uphold integrity in our words and our deeds, to build long-lasting relationships with our customers and the markets we operate in, and to see ourselves as stewards of one another, our families, our community, and our environment. As we celebrate Singapore’s independence, we’re glad to share this joyous occasion with our Cambodian friends.”
Celebrating Our Partners
This same spirit of partnership is reflected in Phillip Bank’s Shiok Sabay Festival, held in conjunction with Singapore National Day. Bringing together Singapore-linked brands and Cambodian businesses, the festival celebrates the enduring friendship between the two countries while showcasing how collaboration creates greater value for customers and communities.
More than a celebration of culture, the Shiok Sabay Festival reflects the PhillipCapital Group’s belief in creating positive-sum outcomes, bringing together businesses, customers and communities to grow together through meaningful partnerships.
As Phillip Bank continues its journey in Cambodia, it remains committed to building trust through integrity, innovation and integration, serving customers responsibly, strengthening its capabilities and contributing to a more resilient and inclusive financial future for Cambodia.
About PhillipCapital Group
PhillipCapital Group is a financial services group headquartered in Singapore and established in 1975, with operations across 16 countries. The Group serves 1.9 million customers worldwide with a net worth of US$3 billion, offering commercial and investment banking, securities and derivatives trading, fund and asset management, life and general insurance, and private credit and private equity, alongside an open-architecture wealth management platform for high-net-worth customers and family offices.
About Phillip Bank
Phillip Bank Plc. Is proud to serve customers across Cambodia through more than 70 branches nationwide. A member of the PhillipCapital Group, a Singapore-based financial services group established in 1975 with operations across over 15 countries. Through its combination of local expertise and international backing, Phillip Bank provides comprehensive banking and financial solutions to individuals, businesses, and institutions across Cambodia.
