RHB Bank to Expand Business expansion Within South East Asia Region
RHB Bank is right now one of the best integrated financial services group in Malaysia. With vision to further maximize its share of the market within the SEA region, they have already thus far ventured into 10 countries which comprises of Brunei, Laos, Myanmar, Vietnam, and Singapore, and more. To make expansion achievable, a wide variety of service continues to be offered to customers to address both the personal and business needs.
One of the common yet elemental services available to individuals is deposit account and self-banking services. With competitive interest rate and availability of ATM & CDM in the bank branches in addition to strategic locations across Malaysia, customers can enjoy maximum savings return while at the same time connect to their account for deposit and withdrawal conveniently anytime.
As the Bank sees the trend shift from the good old purchasing method by cash to online purchase, they noticed that there’s an escalating demand for credit cards. Counting on the data from research conducted that implies the public’s increasing acceptance towards e-payment, it’s indisputable that offering credit card service is probably the main approach RHB Bank needs to be pushing forward-and they did exactly that.
What is more, as RHB sees the immediate need to create a good sense of balance between supply and demand, they’ve created a credit card scheme which provides special reward to the card holders which could be enjoyed whilst they use it for either offline or online transactions.
RHB knows that individuals want more than savings accounts and credit cards. When acquiring assets such as cars and homes, the majority of people happen to have been finding it difficult to get their personal bank loan approved. For this reason, they have improvised their personal banking facilities that gives minimal interest for the wide range of lending product. In addition to that, unit trust, insurance, and personal financial investment may well also be made with the Bank.
For business entities, RHB Bank offers a unique banking solution. Application for commercial loans along with corporate and investment banking are among the great diversity of services offered. For interested partners, the can even subscribe to the Bank’s asset management services.
Small-medium enterprises are among those who are able to take advantage of the most benefits. They really are welcomed to obtain loans should capital injection is important when they scale their businesses. Plus, RHB Bank even provides retails solutions to the appropriate customers, especially those in e-commerce business.
Despite that, RHB Bank still keeps their focus on the highly-demanded Islamic banking facilities. This kind of product is especially demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is offered upon demand by either individuals or companies.
In 2016, RHB Bank have observed a 24% annual brand value growth, leading them to be on the list of 5 top players in Malaysia. Knowing the full potential of the long term financial market, RHB Bank is prepared with a lot more aggressive strategies in ensuring a constant increase of growth over the next several years.