RHB Bank to increase Growth Within South East Asia

RHB Bank: More Than Loans and Credit Cards

Presently, RHB Bank is one of the leaders of the financial segment in Malaysia. Having the foundations set in 10 countries within South East Asia such as Cambodia, Laos, Myanmar, Vietnam, and Thailand; the Bank is confident to expand faster by offering banking facilities that would help both businesses and individuals according to their respective needs. RHB Bank views this as one way of many to serve their customers better.

Having a savings account or just a current account appears to have been stapled yet underrated. In order to make certain that account holders could benefit the most from their savings, RHB Bank has offered a very competitive interest rate in comparison to the other banks. Moreover, they have already improved the banking facilities by both adding more ATM and CDM machines in branches together with other designated locations and creating an online banking services platform, RHB Now for their consumers.

As the Bank witnesses the shift of trend from the good old purchasing method with cash to online purchasing, they discovered that there is escalating demand from customers for credit cards. Dependent on the outcome from research conducted that shows the public’s increasing acceptance towards online payment, it is indisputable that offering credit card services is considered among the main approach RHB Bank should really be pushing forward-and they did just that.

Knowing there’s an urgent need to reduce the supply and demand gap, the Bank took an extra step forward to provide value-added credit card services that give cashback and plenty of other benefits the account holder can enjoy when they use it.

Despite that, RHB Bank appreciates the undeniable fact that providing credit cards and savings accounts commonly are not enough. Presently, acquiring assets such as cars and homes would require many individuals to apply for a decent loan scheme. Thus, RHB has reformulated its loan structure as a way to give the lowest interest rate possible for lots of types of loans. Plus, insurance services, unit trust, and also the financial investment can also be made.

For businesses, RHB Bank offers a great banking solution. Application for business loans as well as corporate and investment banking are among the various kinds of services offered. For interested partners, the might also subscribe to the Bank’s asset management services.

These facilities are especially helpful for SMEs, as numerous kinds of services including loans can be made to gain more capital in their businesses. For e-commerce enterprises, retails solutions are essentially the most innovative and beneficial services they may subscribe to.

Yet, RHB Bank has not ever overlooked the need for Islamic banking facilities. In Malaysia, Syariah-compliant services and products are highly demanded. Therefore, products and services including wealth management, unit trust, Islamic treasury, and corporate banking are specially developed to assure that all transactions follow the Syariah requirement.

A huge 24 annual brand value growth seems to have been seen by the Bank in 2016, which places them as among the top 5 domestic banking players. Seeing the future market growth potential, RHB Bank has equipped itself with more rigorous and efficient tactics to further boost its value and market share in the near future. Click RHB Joy@Work for more info.