RHB Bank to increase Progression Within SEA Market
Presently, RHB Bank is truly one of the leaders of the financial sector in Malaysia. Having the foundations laid down in Ten countries within the SEA region that includes Cambodia, Laos, Myanmar, Vietnam, and Thailand; the Bank is confident to expand faster by offering banking facilities that will help both individuals and businesses depending on their respective needs. RHB Bank views this as a proven way to serve their customers better.
One of the most common yet essential services available to individuals is deposit account and self-banking services. With competitive interest rate and accessibility to ATM & CDM in the bank branches in addition to other strategic locations throughout Malaysia, account holders can take advantage of maximum savings return while at the same time connect to their bank account for cash deposit and withdrawal effortlessly anytime.
The shift from the traditional purchasing method using cash to cashless methods has also increased the market demand for credit cards. As proven in the statistics from many analyses conducted, the acceptance towards the e-payment method from the public is showing dramatical growth. Hence, credit cards are becoming popular as cardholders could make purchases online without trouble.
Feeling the importance to close the gap between supply and demand, RHB Bank goes further and they have begun offering credit card facilities with an array of benefits in comparison with the other banks, which include cashback rewards for cardholders when they start to buy more using a credit card.
RHB realizes that individuals demand more than savings accounts and credit cards. When purchasing assets like cars & homes, the majority are actually having problems to get their bank loan approved. For that reason, they have improvised their personal financing services that offer minimum interest for the wide range of bank loans. On top of that, unit trust, insurance, and personal financial investment are additionally made with the Bank.
For enterprises and entrepreneurs, corporate banking facilities will also be provided. They are able to take business loans or just engage with RHB for corporate & investment banking. Aiming to make sure that their services are the best, RHB, in addition, has offered online cash management and asset management services.
There’s one special class of customers that would reap out the most advantages from this: the SMEs. The products provided by RHB Bank can certainly make it possible for these business owners to get more capital to develop their business by making application for the loan. On the other hand, SMEs in the e-commerce industry is also able to sign up for RHB’s trusted retail solutions.
Nonetheless, the need for Islamic banking facilities has never been overlooked, especially when there is a popular demand for Syariah-compliant products within the Malaysian market. That is why, the Bank makes sure products that observe the Syariah requirement, including Islamic wealth management services, Islamic treasury, corporate banking, and unit trust are offered.
RHB Bank has witnessed a 24% annual brand value growth in 2016 which automatically places them in the top five positions for banks in the local market. In anticipation of the upcoming market growth, the Bank has started strategizing a much more proactive approach to keep its rate of growth steady for a long period.