RHB Bank To Increase Growth Within SEA Market

RHB Bank Ready to Take control of the South East Asia Financial Industry

Presently, RHB Bank is one of the pioneers of the financial sector in Malaysia. With all the foundations set in 10 countries within SEA regions such as Cambodia, Laos, Myanmar, Vietnam, and Thailand; the Bank is confident of progressing faster by providing banking facilities that could help both businesses and individuals depending on their individual needs. RHB Bank views this as the best way to serve consumers better with RHB Joy@Work.

Among the most staple types of services a Bank provides are the deposit account and self-banking solutions. RHB attracts consumers to create savings and current account by providing an above-average interest rate to be enjoyed by account holders. For the highest level of convenience to withdraw and deposit money into the account, members can locate and use the nearby ATM & CDM machines deployed in branches and also other locations easily.

RHB Bank has been monitoring the shift of trend in terms of purchase from using cash to the cashless method and spotted that this contributed to a greater interest in credit cards. Based on the information and facts collected globally and nationwide, more and more people seem to prefer shopping on the web by using a credit card every day. Hence, RHB made the ideal move by making it easy for potential customers to apply for a credit card online and enjoy a low-interest rate.

RHB Bank

This is when unique offering comes into the picture, as multiple advantages are offered to RHB Bank credit card subscribers, such as cashback reward and many other value-added rewards that gives higher return given that the cardholder increases their usage.

Individuals will, in general, need more than credit cards and saving accounts, and RHB recognizes that well. As of the moment, many have struggled to obtain a loan to acquire assets such as homes & cars. Therefore, the Bank began to come up with a personal loan plan that benefits either side at the lowest interest rate for a variety of loan types. Additionally, individuals may be able to subscribe to the great diversity of insurance plans and make financial investment together with the Bank.

For business entities, RHB Bank offers an excellent banking solution. Application for business loans and also corporate and investment banking are amongst the number of services made available. For interested partners, they can even sign up for the Bank’s asset management services.

These facilities are especially helpful for SMEs, as plenty of varieties of services including loans can be made to gain more capital for their businesses. For e-commerce entrepreneurs, retails solutions would be among the most innovative and beneficial services they may subscribe.

Notwithstanding, the bank has not lost attention on Shariah-compliant financial instruments. That is mainly due to the high demand of the people in Malaysia. That being said, banking facilities that adhere to the minimum Syariah requirement, which includes Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are increasingly being put forward.

The Bank’s annual brand value grew at the rate of 24% in 2016, and so this indicates that they are in the top five leagues in Malaysia. To always maintain the comparable rate of growth across the next few years, RHB Joy@Work would be deploying more aggressive campaigns and tactics for the customers.