RHB Bank to Expand Expansion Within South East Asia Market
Presently, RHB Bank is just one of the pioneers of the financial segment in Malaysia. Having the foundations laid down in 10 countries within South East Asia region which include Cambodia, Laos, Myanmar, Vietnam, and Thailand; RHB is confident to grow faster by providing banking facilities which will help both businesses and individuals consistent with their respective needs. RHB Bank views this as one of the ways to serve customers better.
Individuals and enterprises have the freedom to create their savings and current account with RHB Bank conveniently and get competitive interest rate as they transfer money into their account. Should they want to make any transactions online, they even can easily use the internet banking services, RHB Now. For offline transactions, they could access the ATM & CDM machines as well as MEPS ATM effortlessly for withdrawal.
As the Bank sees the change of trend from the traditional purchasing method using cash to online purchase, they understood that there’s also an increasing demand from customers for credit cards. Counting on information from analysis conducted that shows the public’s increasing acceptance towards online purchase, it really is indisputable that offering credit card services is amongst the main approach RHB Bank really needs to be pushing forward-and they did exactly that.
In addition, as the Bank sees the urgent need to compose a good sense of balance between supply and demand, they’ve developed a credit card scheme that gives additional benefits to the card holders that will be enjoyed whilst they use it for either offline or online transactions.
Despite that, RHB Bank appreciates the indisputable fact that offering credit cards and savings accounts usually are not enough. Presently, acquiring assets such as cars and real estate will require many of us to apply for a good loan scheme. Thus, RHB has reformulated their loan structure as a way to give the lowest interest rate as is practicable for multiple types of loans. Plus, insurance services, unit trust, along with financial investment may also be made.
For business entities, RHB Bank is offering an extraordinary banking solutions. Application for business loans together with corporate and investment banking are amongst the many types of services offered. For interested partners, the may also sign up for the Bank’s asset management services.
There’s one special group of customers that could reap out the most advantages of this: the SMEs. The services offered by RHB Bank will likely make it possible for them to gain more capital to expand their business by making application for the loan. Meanwhile, SMEs within the e-commerce industry can also subscribe to RHB’s effective retail solutions.
In spite of this, RHB Bank hasn’t overlooked the demand for Islamic banking facilities. In Malaysia, Syariah-compliant services and products are highly demanded. Therefore, product or service including wealth management, unit trust, Islamic treasury, and corporate banking are specially developed to make certain that all business transactions adhere to the Syariah requirement.
In 2016, RHB Bank have observed a 24% annual brand value growth, leading them to be one of the leading players in Malaysia. Knowing full potential of the future financial market, RHB Bank is ready with more aggresive strategies in ensuring a stable increase of growth covering the next few years.