RHB Bank Getting ready to Take over the Southeast Asia Financial Markets
As we speak of RHB, we do know that they are now among the 5 best banks in Malaysia. Knowing the potential of foreign markets with the SEA region, they have expanded their horizons and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and several other countries. Feeling the importance to provide additional value, RHB Bank has begun to provide many kinds of financial services to enterprises and individuals.
Possibly the most staple sort of services a Bank offers has long been the deposit account and self-banking solutions. RHB attracts customers to set-up savings along with current accounts by providing above-average interest rates to be enjoyed by members. For the most ease to withdraw and deposit money into the account, customers could locate and use the nearby ATM and CDM machines deployed in branches in addition to other locations easily.
Not just that, RHB also adopts digital transformation and it has observed that it contributed to growing demand from customers for credit cards. As research has revealed more people tend to shop and make transaction online nowadays, RHB Bank also has made it practical for consumers to apply for a credit card online. The Bank is more comfortable with its offering that they even urge consumers to do a comparison of credit card interest rates prior to making any commitment.
What is more, as RHB Group sees the critical need to create a good symmetry between demand and supply, they now have developed a credit card scheme that promises more advantage to the cardholders which could be enjoyed as they start to use it for either offline or online transactions.
Nonetheless, the Bank realizes that banking is more than credit cards and savings. These days, many people rely on loans to purchase assets, nevertheless getting loans approved could possibly be a time-consuming process. So, RHB Bank had created a flexible scheme for individuals with minimum interest rates for lots of different kinds of loans. On top of that, personal financial investment, unit trust, and also insurance policies are also offered.
For corporations and entrepreneurs, corporate banking facilities are also available. They’re able to take business credit cards, a loan or perhaps connect with RHB for corporate & investment banking. Looking to make sure that their products and services are the very best, RHB has additionally offered online cash management and asset management services.
These services are especially ideal for small-medium enterprises, as numerous varieties of services including loans can be made to inject capital in their businesses. For e-commerce businesses, retails solutions would definitely be among the most innovative and beneficial services they’ll be able to engage with.
Nonetheless, the demand for Islamic banking facilities has not been overlooked, specifically when there is a popular demand for Syariah-compliant offerings in the Malaysian market. Therefore, the Bank ensures that products that abide by the Syariah requirement, for example, Islamic wealth management services, Islamic treasury, corporate banking, and even unit trust are offered.
In 2016, RHB Bank experienced a 24% annual brand value growth, which makes them one of the 5 top players in Malaysia. Knowing the full potential of the future financial market, RHB Bank is ready with more aggressive strategies in ensuring a consistent increase of growth through the next several years.