Cambodia Investment Review
Singaporean-owned Phillip Bank Plc and True VISIONS International School of Cambodia (TVIS) today renewed their partnership to offer scholarship programs to the school’s high-performing students for a third consecutive year. The commitment was formalized in a Memorandum of Understanding (MOU) signed by representatives of both organizations at TVIS’s BM2 branch.
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Phillip Bank and TVIS have initiated this scholarship collaboration to foster academic excellence and to inspire students to strive for more significant achievements in their academic career. The scholarships cover 100% of the annual tuition fee for the top-performing students from grades 1 to 12. This initiative is expected to provide substantial benefits to students and their families, thus incentivizing them to work even harder in their academic pursuits.
Significance of the scholarship initiative
Mr. Chan Mach, Chief Executive Officer of Phillip Bank, underscored the significance of the scholarship initiative. “In line with our vision of ‘Delighting Customers, Growing People, and Benefiting Communities’, Phillip Bank is pleased to participate in this Corporate Social Responsibility (CSR) programme. We see this scholarship as an excellent tool for motivating students to realize their full potential and become the future talent pipeline of society,” said Mach.
Expressing gratitude towards Phillip Bank for its support, TVIS’s Director General, Dr. Seng Bona, said, “This scholarship is not just a financial aid; it is a motivational tool that promotes competitiveness among students and encourages them to excel academically.”
Dr. Bona also noted that Phillip Bank’s KHQR payment service enables parents and students to pay tuition fees securely and conveniently via the Phillip Mobile platform, thus negating the need to be physically present on school premises.
Top-rated international school
Phillip Bank Plc, a subsidiary of the Phillip Capital Group headquartered in Singapore, has been serving the Cambodian market since 1975. It offers a wide range of financial products and services to corporate, SME, and retail customers. With a network of over 70 branches across the country, Phillip Bank is a leading medium-sized commercial bank in Cambodia.
TVIS, founded in 2013 by Dr. Seng Bona, is a top-rated international school committed to fostering strong character and self-leadership in its students. It offers a unique blend of educational methodologies borrowed from several advanced nations, including Singapore, the U.S., New Zealand, Australia, and the UK.
Currently operating nine campuses, TVIS provides education from kindergarten to high school levels. The school also facilitates international exchange programs and credit transfers in partnership with schools in New Zealand, Singapore, Australia, the UK, and the U.S. These partnerships enable students to prepare for the IELTS Exam and the Cambridge Exam, and allow for International Credit Transfer (ICT) for completed courses.
