RHB Bank to Expand Growth Within SEA Market
RHB Bank is currently one of the greatest integrated financial services group in Malaysia. With the vision to further grow its share of the market within the SEA region, they have already currently ventured into 10 countries which comprise of Brunei, Laos, Myanmar, Vietnam, and Singapore, to name a few. To make growth achievable, a number of products happen to be provided to the public to provide for both business and personal needs such as RHB Joy@Work.
Individuals and corporations are free to open their savings and current account with RHB Bank conveniently and benefit from a highly competitive interest rate as they transfer money into their accounts. When they have any transactions online, they’ll be able to easily use the online banking services, RHB Now. For offline transactions, they’ll be able to access the ATM & CDM machines and also MEPS ATM effortlessly for withdrawal.
As the Bank sees the change of trend from the old purchasing method with cash to an online purchase, they realized that there’s also an elevating market demand for credit cards. Dependent on the results from surveys conducted that signifies the public’s increasing worldwide recognition towards e-payment, it is proven that offering credit card service is regarded as the main approach RHB Bank really needs to be pushing forward-and they did precisely that.
Feeling the need to narrow the gap between supply and demand, RHB Bank goes the extra mile and has begun offering credit card solutions with a multitude of benefits as opposed to other banks, such as cashback rewards for cardholders when they buy more using a credit card.
Individuals will almost always need more than credit cards and saving accounts, and RHB knows that well. At the present time, many have struggled to obtain a loan to purchase assets such as homes & cars. For that reason, the Bank went on to create a personal loan scheme that benefits both sides at the lowest interest rate for various loan types. What’s more, individuals may also subscribe to various types of insurance policies and make financial investments together with the Bank.
For business proprietors and organizational entities, RHB Bank is providing corporate banking facilities. They could engage with the Bank either for investment banking or even to make business loans. In case the consumers are interested, they even can subscribe to RHB Bank’s online cash management services.
Small-medium enterprises can definitely take advantage of the wide range of services offered by RHB Bank, especially when it comes to taking loans for increasing cash flow and further expand the business. The Bank also has begun innovating by providing retail solutions to consumers that need it, which includes e-commerce players.
Yet, RHB Bank has not ever overlooked the need for Islamic banking facilities. In Malaysia, Syariah-compliant products and services are highly demanded. Therefore, products or service including wealth management, unit trust, Islamic treasury, and corporate banking are particularly developed to ensure that all transactions adhere to the Syariah requirement.
In 2016, the Bank was able to increase the growth of its annual brand value by 24%, which automatically makes them the fourth fastest-growing banking industry player in Malaysia. While they anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing to produce more impactful campaigns going forward.
Get to know about RHB Joy@Work at RHB now!