The Iranian team will play Taiwan Power of Chinese Taipei on Wednesday for the fifth place.
Sarmayeh Bank’s captain Shabnam Alikhani shared her comments after the match at the Boris Alexandrov Sports Palace.
“This is a very important match as we want to complete the competition with fifth place. It was a difficult match as the Philippines played well but we are just happy to win today and to have another chance to win fifth place tomorrow,” Alikhani said.
Maedeh Borhani charted a total of 17 points, with Mahdien Khaje Kolaein contributing another 13 points for Sarmayeh Bank.
Santiago was the top scorer for Rebisco-PSL with 14 points.
The competition is being held in Ust-Kamenogorsk, Kazakhstan from May 25 to 31.
The tournament will serve as the Asian qualifiers for the 2018 FIVB Volleyball Women's Club World Championship with the champion qualifying for the world championship.