RHB Bank to Expand Growth Within SEA
Presently, RHB Bank is among the forerunners of the financial sector in Malaysia. With all the foundations laid down in Ten countries within South East Asia region which include Cambodia, Laos, Myanmar, Vietnam, and Thailand; RHB Group is confident to grow faster by providing banking facilities that can help both businesses and individuals according to their respective needs. RHB Bank views this as a great way to serve customers better.
Setting up current or savings account by individuals and enterprises is definitely essential. To draw in smart consumers, the Bank has offered a viable interest rate members can take advantage of simply by depositing money in their accounts. As they provide traditional transaction facilities through ATM and CDM, the Bank had also launched RHB Now, their internet banking solutions to improve efficiency.
As the Bank sees the trend shift from the old purchasing method with cash to an online purchase, they recognized that there is an increasing demand for credit cards. Based on the outcome from surveys conducted that shows the public’s increasing worldwide recognition towards e-payment, it really is undisputed that offering credit card service is one of the main approaches RHB Bank really should be pushing forward-and they did just that.
This is where unique offering comes into the picture, as an assortment of advantages is made available to RHB Bank credit card holders, including cashback reward and many other value-added rewards that provide a maximum return as the cardholder spends more money.
Individuals will commonly require more than credit cards and saving accounts, and RHB recognizes that well. Presently, many have struggled to obtain a loan to buy assets which include homes & cars. Hence, the Bank proceeded to come up with a loan plan that benefits both sides with the lowest interest rate for quite a few loan types. Besides that, individuals might also subscribe to various types of insurance policies and make financial investments together with the Bank.
For enterprises and entrepreneurs, corporate banking facilities are offered. They could take a business loan and even engage with RHB for corporate & investment banking. Aiming to be sure that their products and services are the very best, RHB has also offered online cash management and asset management services.
Small-medium enterprises are among those who are able to benefit from the most benefits. They really are welcomed to obtain loans should capital injection is necessary when they scale their businesses. Aside from that, RHB Bank even provides retails solutions to the appropriate customers, specifically those in e-commerce business.
In spite of this, attention to the highly demanded Islamic banking facilities has not been an oversight. RHB Bank recognizes that there’s a large number of requests from the consumers to develop Syariah-compliant financial instruments. As a result of that, they’ve lined up wealth management, corporate banking, Islamic treasury, unit trust, and various forms of other offerings that follows the Syariah guideline to the public.
In 2016, RHB Bank has seen a 24% annual brand value growth, causing them to be amongst the top five players in Malaysia. Knowing the full potential of the future financial market, RHB Bank is ready with a lot of aggressive strategies in ensuring a consistent increase of growth throughout the next few years.