RHB Bank Preparing to Take on the Local Financial Segment

RHB Bank Prepared to Lead the Foreign & Local Financial Market

Presently, RHB Bank is among the pioneers of the financial sector in Malaysia. With foundations laid down in Ten countries within South East Asia region that include Cambodia, Laos, Myanmar, Vietnam, and Thailand; RHB is confident to grow faster by providing banking facilities which could help both businesses and individuals based on their respective needs. RHB Bank views this as the best way to serve their customers better.

Individuals and companies are free to start up their savings and current account with RHB Bank conveniently and benefit from reasonably competitive interest rates as they transfer money onto their account. If they need to make any transactions online, they’re able to easily make use of the internet banking services, RHB Now. For conventional transactions, they can access the ATM & CDM machines and any MEPS ATM conveniently for withdrawal.

As the Bank sees the shift of trend from the traditional purchasing method using cash to online purchase, they recognized that there is an escalating demand for credit cards. Based on the outcome from studies conducted that represents the public’s increasing acceptance towards e-payment, it really is undeniable that offering credit card services has become the main approach RHB Bank needs to be pushing forward-and they did precisely that.

Additionally, as the Bank sees the immediate need to create a good sense of balance between supply and demand, they now have developed a credit card plan which gives additional benefits to the card holders that will be enjoyed when they use it for either offline or online transactions.

RHB Bank

Individuals will certainly require more than credit cards and saving accounts, and RHB recognises that well. Today, many have struggled to get a loan to acquire assets such as homes & cars. For that reason, the Bank went on to bring about a financial loan scheme that benefits both parties at the lowest interest rate for quite a few loan types. What’s more, individuals are also able to subscribe great diversity of insurance plan and make financial investment with the Bank.

For entrepreneurs and corporations, they’re able to connect with RHB Bank for corporate banking facilities. Businesses may apply for commercial loans if they’re interested, and in addition they might also engage in some other type of corporate banking facilities. As some businesses requested, RHB Bank offers online cash management services.

Small-medium enterprises really can make use of the plenty of services made available by RHB Bank, in particular when it involves taking loans for increasing cashflow and further buildup the business. RHB Bank has also begin innovating by offering retail solutions to customers who needs it, for example e-commerce players.

Then again, RHB Bank has not ever overlooked the demand for Islamic banking facilities. In Malaysia, Syariah-compliant offerings are highly demanded. Therefore, products or services that include wealth management, unit trust, Islamic treasury, and corporate banking are specially formulated to assure that all transactions follow the Syariah requirement.

In 2016, RHB Bank have observed a 24% annual brand value growth, leading them to be amongst the top five players in Malaysia. Knowing full potential of the forthcoming financial market, RHB Bank is ready with more aggresive strategies in ensuring a stable increase of growth over the years to come.