Wing, Singapore’s Phillip Bank team up

Wing CEO Manu Rajan (left) and Phillip Bank deputy CEO Han Peng Kwang announced a partnership to provide loan repayment services. Photo supplied

Wing (Cambodia) Limited Specialised Bank and Singapore-based Phillip Bank Plc on Monday announced a partnership to provide loan repayment services.

Wing is the Kingdom’s leading mobile banking service provider and the move allows both institutions to boost digital payments.

Under the partnership, Phillip Bank customers can now make loan repayments through Wing’s network of more than 8,000 Cash Xpress outlets.

Phillip Bank deputy CEO Han Peng Kwang said the cooperation will enhance customer service.

“With this collaboration, customers will now have the option to repay loans without the need to visit the bank.

“This partnership will help us achieve another milestone in delivering more digital products and services for all our customers who range from micro, SME and corporate clients,” he said.

Wing CEO Manu Rajan said the partnership reflects efforts to provide convenient access to financial services.

Since its launch in Cambodia 12 years ago, Rajan said Wing has constantly explored new ways to create opportunities for financial inclusion and a more interconnected economy.

Phillip Bank, a member of PhillipCapital Group in Singapore, serves more than 100,000 clients. More than 90 per cent are Cambodian.

Contact author: May Kunmakara

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