News

Phillip Bank launches collateral-free credit

Singapore-based Phillip Bank announced yesterday that Cambodian borrowers that can prove a consistent monthly income will be able to access lines of credit without putting down collateral. ...

Hor Kimsay
http://www.phnompenhpost.com/business/phillip-bank-launches-collateral-free-credit

Singapore's Phillip Capital acquires Malaysian-owned Cambodian bank

The Singapore-based Phillip Capital Group has purchased a Malaysian-owned Hwang-DBS Commercial Bank in Cambodia for 40 million U.S. dollars and rebranded it as Phillip Bank on Thursday, a bank’s chief said. Phillip Bank’s chairman Lim Hua Min said the Phillip Capital Group, which is an Asian ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=237941

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