RHB Bank to inflate Business expansion Within South East Asia
Up to date, RHB Bank is considered among the main competitors in the Malaysian finance and banking niche. Expecting to grow the horizon within the South East Asia region, they’ve already laid their foundation in countries which include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In guaranteeing that the business is scalable, RHB introduced a number of banking services to businesses and organizations and individuals for personal and commercial needs.
Among the most common yet important services provided to individuals are deposit account and self-banking services. With a competitive rate of interest and accessibility to ATM and CDM in the bank branches in addition to other strategic locations throughout Malaysia, customers can enjoy maximum savings return while at the same time have access to their account for deposit and withdrawal conveniently anytime.
RHB Bank has been monitoring the trend shift in relation to purchasing from using cash to the cashless method and saw that this induced a greater interest in credit cards. Based on the information collected across the globe and nationwide, a lot more people appear to prefer shopping online by using a credit card every day. Hence, RHB made a suitable move by making it very simple for potential consumers to apply for a credit card online and take pleasure from a low-interest rate.
Knowing there’s also an urgent need to reduce the gap between supply and demand, the Bank took a further step of progress to provide a value-added credit card plan that gives cashback and many other benefits the account holder can enjoy as they move forward.
RHB knows that individuals demand more than just savings accounts and credit cards. When buying assets which include homes & cars, most individuals are actually finding it difficult to get their loan approved. For that reason, RHB improvised their personal banking services that give nominal interest for a wide range of loan products. Additionally, unit trust, insurance, and personal financial investment may also be made with the Bank.
For business people and organizational entities, RHB Bank provides corporate banking facilities. They’re now able to engage with the Bank either for investment banking or perhaps to make business loans. Generally, if the consumers are interested, they may even sign up for RHB Bank’s online cash management services.
SMEs can really take advantage of the range of services made available by RHB Bank, particularly when it involves taking loans for increasing cash flow and further develop the business. The Bank has also begun innovating by offering retail solutions to those who need it, which includes e-commerce players.
However, RHB Bank hasn’t ever overlooked the need for Islamic banking facilities. In Malaysia, Syariah-compliant products and services are highly demanded. Therefore, product or service which includes wealth management, unit trust, Islamic treasury, and corporate banking are particularly formulated to ensure that all business transactions follow the Syariah requirement.
In 2016, the Bank was able to enhance the growth of its annual brand value by 24%, which automatically causes them to be the fourth fastest-growing banking industry player in Malaysia. Whilst they anticipate the upcoming year’s financial market potential, RHB Bank has started strategizing to set-up more successful campaigns down the road.RHB Bank’s Services & Products: Credit Card & A whole lot more