Cambodia Investment Review
Phillip Bank, the only Singaporean-owned commercial bank in Cambodia, has launched an exciting new promotion for its customers. Starting from February 15, 2023, until December 31, 2023, customers can enjoy high deposit rates of up to 8.25% per annum and stand a chance to win exciting prizes.
Customers that maintain a $1,000 daily average in their savings account will receive a ticket while those who make term deposits during the promotion period can enjoy attractive annual interest rates of up to 8.25% for Khmer Riel and 8% for US Dollar deposits between 12 and 36 months. Additionally, customers will receive one lucky draw ticket for every US$10,000 deposited, with unlimited tickets for customers who make multiple deposits during the promotion period.
Read more: Phillip Bank Launches New Enhanced Version of Mobile App to Serve Customer Better
The promotion features an exciting prize draw with amazing prizes up for grabs, including a Ford Everest Titanium 2023, a Ford Ranger Wildtrak 2023, 15 of Samsung Galaxy Z Fold4, and 15 cash prizes of $888 each. The lucky draw will take place on July 25, 2023, October 25, 2023, and January 25, 2024.
Phillip Bank has positioned itself as a leading digital bank in Cambodia, offering a wide range of innovative and secure digital banking services to its customers. The bank’s services include the Phillip Mobile application, digital payment, ATM services, Internet Banking, and many more.
Mr. Chan Mach, CEO of Phillip Bank, expressed his excitement about the promotion and the bank’s digital banking services, saying, “At Phillip Bank, our customers’ satisfaction and security are our top priorities, and we continue to innovate to provide the best banking experience to our customers. The promotion is our way of giving back to our customers and thanking them for their trust and support.”
Since the merger with Kredit Microfinance in 2020, Phillip Bank has experienced significant growth, with over 160,000 depositors, nearly 20,000 merchant partners, and more than 60,000 users of the bank’s customer-friendly mobile application. The bank’s latest promotion and its commitment to providing excellent digital banking services further demonstrate its dedication to becoming a leading digital banking service provider in Cambodia.
