RHB Bank to Expand Growth Within Southeast Asia Market
As one speaks of RHB Bank, we do know that they are now among the list of top five banks in Malaysia. Understanding the potential of foreign markets with the Southeast Asia region, the company has expanded its horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and many other countries. Feeling the impulse to provide more value, RHB Bank has started to offer several kinds of banking services to enterprises and individuals.
Setting up savings or current accounts by individuals and companies is definitely a necessity. To draw in smart consumers, RHB Bank has offered a highly competitive interest rate members will enjoy by simply depositing money in their account. As they quite simply provide traditional transaction facilities through ATM and CDM, the Bank had also launched RHB Now, their online banking facilities to improve efficiency.
RHB Bank recognizes that more people make purchases online compared to using cash nowadays. Based on the data collected, it is learned that more online users would prefer to make purchases using credit cards. Thus, the Bank makes it a top priority to serve the prospects better by giving credit card services with amazing rewards. Smart customers who compare credit cards carefully will know that RHB’s interest rate is amongst the lowest.
RHB Bank understands that it is essential to minimize the visible difference between supply and demand. As a result, the company has formulated an interesting credit card scheme that offers a value that includes cashback rewards that increase just as more transactions are increasingly being made by cardholders progressively.
For companies, RHB Bank can give a great banking solution. Application for business loans together with corporate and investment banking are some of the great diversity of services made available. For interested partners, the can also subscribe to the Bank’s asset management services.
It is obvious that SMEs are among the customers that could possibly enjoy the most advantage, especially when it’s possible for them to make applications should extra revenue is needed to scale the business. Additionally, retails solutions are additionally offered to SMEs who might need it.
In spite of this, attention to the highly demanded Islamic banking facilities hasn’t ever been an oversight. RHB Bank is aware that there is a large number of requests from the consumers to bring about Syariah-compliant financial instruments. In response to that, they’ve already set up wealth management, corporate banking, Islamic treasury, unit trust, and a variety of other services that follow the Syariah guideline to the public.
In 2016, the Bank was able to enhance the growth of its annual brand value by 24%, which automatically causes them to be the 4th fastest growing banking industry player in Malaysia. As they quite simply anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing to develop more successful campaigns in the coming years.