RHB Bank to Expand Growth Within South East Asia
RHB Bank is one of the premier integrated financial services group in Malaysia. Along with the vision to further increase its business in the SEA region, they already have currently ventured into 10 countries which comprise Brunei, Laos, Myanmar, Vietnam, and Singapore, amongst others. To help make expansion attainable, lots of offerings such as personal accident insurance have been offered to consumers to serve both the personal and business needs.
Probably the most common yet elemental services on the market to individuals are deposit account and self-banking services. With competitive interest rate and availability of CDM and ATM in the branches and also other strategic locations everywhere in Malaysia, customers can also enjoy maximum savings return while at the same time have access to their account for cash deposit and withdrawal effortlessly anytime.
As the Bank sees the trend shift from the old purchasing method with cash to online purchasing, they discovered that there’s an elevating demand from customers for credit cards. Relying on the data from research studies conducted that represents the public’s increasing acceptance towards the online purchase, it truly is proven that offering credit card solutions has become the main strategy RHB Bank really should be pushing forward-and they did exactly that.
Additionally, as RHB Group sees the critical need to come up with a good sense of balance between demand and supply, they have launched a credit card plan which provides an extra benefit to the cardholders which can be enjoyed as they start to utilize it for either offline or online transactions.
For companies, RHB Bank offers a unique banking solutions. Application for business loans along with corporate and investment banking are among the great diversity of services available. For interested partners, the could also sign up for the Bank’s asset management services.
Small-medium enterprises are one of the customers who may enjoy the utmost return, particularly when it’s possible for them to make loan applications should extra revenue is needed to scale the business. Additionally, retails solutions also are offered to SMEs who would need it.
Despite this, focus on the highly demanded Islamic banking facilities has not been an oversight. RHB Bank understands that there’s a large number of requests from the consumers to introduce Shariah-compliant financial instruments. In response to that, they’ve lined up wealth management, corporate banking, Islamic treasury, unit trust, and a variety of other products and services that follows the Shariah guideline for the public.
In 2016, the Bank managed to boost the growth of its annual brand value by 24%, which automatically makes them the 4th fastest growing banking industry player in Malaysia. As they anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing for personal accident insurance to create more successful campaigns in the future.