RHB Bank to increase Business expansion Within Southeast Asia Region
RHB is today among the largest bank with integrated financial services in Malaysia. As they plan to further broaden their market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam and several other countries within the South East Asia region. With the knowledge that essentially the most efficient way to compete is actually by giving extra value to consumers, rhb bank has started offering multiple banking facilities like travel insurance to both individuals and corporation.
Individuals and businesses are free to create their savings and current account with RHB Bank conveniently and acquire a very competitive interest rate as they deposit money into their account. If they intend to make any transactions online, they’re able to utilize the internet banking services, RHB Now efficiently. For offline sales, they’ll be able to access the ATM & CDM machines and also any MEPS ATM quickly for withdrawal.
Aside from that, RHB also embraces digital transformation and has seen that it lead to rising demand from customers for credit cards. As research shows, more and more people tend to shop and make online transaction nowadays, RHB Bank has made it practical for consumers to apply for credit cards online. The Bank is confident with their offering that they even urge prospects to compare credit cards interest rate before making any commitment.
Additionally, as RHB sees the urgent need to create a good symmetry between demand and supply, they now have created a credit card plan which gives a special reward to the cardholders that will be enjoyed once they utilise it for either offline or online transactions.
RHB is aware that individuals demand more than savings accounts and credit cards. When buying assets which include homes and cars, most of the people happen to be having difficulties to get their bank loan approved. For that reason, RHB Group improvised their private financing facilities that provide the minimum interest to get a variety of bank loan. Additionally, unit trust, insurance, and personal financial investment could also be made with the Bank.
For business entities, RHB Bank is providing unique banking solutions. Application for commercial loans in addition to corporate and investment banking are some of the numbers of services provided. For interested partners, they can also sign up for the Bank’s asset management services.
These types of services are especially useful for small-medium enterprises, as numerous different types of services, including loans, can be made to gain more capital for their businesses. For e-commerce entrepreneurs, retails solutions is going to be mainly the most innovative and beneficial services they’re now able to subscribe.
Despite this, attention on the highly demanded Islamic banking facilities has not been an oversight. RHB Bank recognizes that there’s a large amount of request from the public to bring about Shariah-compliant financial instruments. As a result of that, they have set up wealth management, corporate banking, Islamic treasury, unit trust, and various types of other products and services that follows the Shariah guideline for the public.
The Bank’s annual brand value grew at the rate of 24% in 2016, which makes sure that they’re in the top 5 leagues in Malaysia. For the exact purpose to always maintain the similar rate of growth across the next few years, RHB Bank is deploying far more aggressive campaigns for travel insurance and tactics for the customers.