RHB Bank to increase Expansion Within South East Asia
Up to date, RHB Bank is amongst the main players in Malaysian finance and banking industry. Intending to grow the horizon within South East Asia, they have laid their foundation in countries which include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In making certain that the business is scalable, RHB brought out a whole range of banking services to companies and individuals for personal and commercial needs.
One of the most common yet essential services on the market to individuals is deposit account and self-banking services. With competitive interest rate and availability of ATM & CDM in the branches in addition to strategic locations everywhere in Malaysia, account holders can also enjoy maximum savings return while at the same time connect to their bank account for cash deposit and withdrawal quite easily anytime.
RHB Bank happens to be monitoring the change of trend in relation to purchase from using cash to without cash, and noticed that it resulted in an increased interest in credit cards. According to the information and facts collected across the globe and nationwide, more people appear to prefer shopping on the web by using credit card everyday. Hence, RHB made an excellent move by making it relatively easy for consumers to apply credit card online and take advantage of a low interest rate.
Furthermore, as the Bank sees the critical need to produce a good sense of balance between supply and demand, they’ve launched a credit card scheme that provides additional advantage to the card holders which can be enjoyed as they simply use it for either offline or online transactions.
Individuals will basically require more than credit cards and saving accounts, and RHB recognises that well. Today, many have struggled to obtain a loan to acquire assets which include homes & cars. And so, the Bank went on to bring about a loan scheme that benefits each party at the lowest interest rate for various loan types. Besides that, individuals could also subscribe great diversity of insurance coverage and make financial investment with the Bank.
For entrepreneurs and corporations, they can connect with RHB Bank for corporate banking facilities. Businesses may apply for business loans should they be interested, and then they can likewise engage in some other type of corporate banking facilities. As some businesses requested, RHB Bank also offers online cash management services.
Small-medium enterprises are among those which will enjoy the most benefits. They’re welcomed to obtain loans should capital injection is required while they scale their businesses. Not only this, RHB Bank even offers retails solutions to the relevant customers, especially those in e-commerce business.
Yet, RHB Bank hasn’t ever overlooked the demand for Islamic banking facilities. In Malaysia, Syariah-compliant products and services are highly demanded. Therefore, products or services which include wealth management, unit trust, Islamic treasury, and corporate banking are specially formulated to ensure that all business transactions follow the Syariah requirement.
In 2016, RHB Bank have witnessed a 24% annual brand value growth, which make them among the top 5 players in Malaysia. Knowing full potential of the forthcoming financial market, RHB Bank is prepared with more aggresive strategies in ensuring a constant increase of growth covering the next several years.