RHB Bank to Expand Growth Within South East Asia

RHB Bank: Not Just About Loans & Credit Cards

As one speak of RHB, we do know that they are now amongst the leading banks in Malaysia. Comprehending the potential of foreign markets with SEA region, they’ve expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and lots of other countries. Feeling the importance to provide additional value, RHB Bank has started to present numerous kinds of financial services to companies and individuals.

Essentially the most staple types of services a Bank offers is certainly the cover account and self-banking solutions. RHB Rank attracts customers to set-up savings in addition to current account by giving higher than average interest rate to be enjoyed by account holders. For maximal convenience to withdraw and deposit money into the account, members may easily locate and use the nearby CDM and ATM machines deployed in branches along with other locations easily.

RHB Bank has been monitoring the trend change with regard to purchase from using cash to cashless method, and found that it contributed to a higher demand for credit cards. Based upon the information collected worldwide and nationwide, a lot of people appear to prefer shopping online by using credit card everyday. Hence, RHB made the suitable move by making it really easy for potential consumers to apply credit card online and benefit from a low interest rate.

RHB Bank

Feeling the need to narrow the gap between demand and supply, RHB Bank goes the extra mile and has begun offering credit card services with a multitude of benefits in contrast to other banks, which includes cashback reward for card holders when they start to purchase more using credit card.

Individuals will inevitably require more than credit cards and saving accounts, and RHB understands that well. Now, many have struggled to obtain a loan to purchase assets which includes homes & cars. Thus, the Bank started to come up with a financial loan structure that benefits all parties with the lowest interest rate for numerous loan types. What’s even better, individuals are also able to subscribe various types of insurance plans and make financial investment together with the Bank.

For business entities, RHB Bank is providing an exclusive banking solutions. Application for commercial loans in addition to corporate and investment banking are one of the various types of services offered. For interested partners, the can even subscribe to the Bank’s asset management services.

It is evident that SMEs are some of the customers which may possibly enjoy the most benefit, especially when it is possible for them to make applications should extra cash is required to scale the business. Additionally, retails solutions are additionally offered to SMEs who may need it.

Despite, the bank has never lost focus on Syariah-compliant financial instruments. This is definitely mainly because of increased demand by the general public in Malaysia. Keeping that in mind, banking facilities that adhere to the minimum Syariah requirement such as Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are now being put forward.

RHB Bank has witnessed a 24% annual brand value growth in 2016 which automatically places them within the top 5 position for banks in the country. In anticipation towards the upcoming market growth, the Bank has started strategizing an increasingly proactive strategy to keep their rate of growth steady for years to come.