RHB Bank to increase Business expansion Within SEA Market
Presently, RHB Bank is just one of the pioneers of the financial market in Malaysia. With all the foundations set in 10 countries within SEA region that include Cambodia, Laos, Myanmar, Vietnam, and Thailand; RHB is confident to progress faster by providing banking facilities which will help both businesses and individuals consistent with their respective needs. RHB Bank with RHB Joy@Work views this as one of the ways to serve their customers better.
Possibly the most staple sort of services a Bank offers is undoubtedly the cash deposit account and self-banking services. RHB Rank attracts the public to create savings along with the current account by providing an above-average interest rate to be enjoyed by members. For the highest level of ease to withdraw and deposit money into the account, customers could locate and use the nearby CDM & ATMs deployed in branches together with other locations easily.
The shift from traditional purchasing method using cash to cashless method has also increased the market demand for credit cards. As verified in the statistics from many types of research conducted, the acceptance towards e-payment method from the public is showing rapid growth. Hence, credit cards are rising in popularity as cardholders could make purchases online without difficulty.
Knowing there’s also an urgent need to close the supply and demand gap, the Bank took an extra step of progress to offer value-added credit card plan that gives cashback and many other benefits the account holder can enjoy as they use it to make purchases.
RHB realizes that individuals need more than only savings accounts and credit cards. When purchasing assets like cars & homes, lots of individuals seem to have been finding it difficult to get their loan approved. For this reason, RHB Group improvised their banking facilities that provide minimal interest for the wide variety of loan product. What’s more, unit trust, insurance, and personal financial investment might also be made with the Bank.
For entrepreneurs and enterprises, they could engage with RHB Bank for corporate banking facilities. Businesses may apply for commercial loans if they are interested, plus they can also engage in other forms of corporate banking facilities. As some businesses requested, RHB Bank also offers online cash management services.
There is always one special group of customers which may reap out the most advantages from this: the SMEs. The services provided by RHB Bank will help make it possible for these business owners to get more capital to expand their business by making an application for the loan. Additionally, SMEs within the e-commerce industry also can subscribe to RHB’s trusted retail solutions.
Despite this, RHB Bank hasn’t overlooked the demand for Islamic banking facilities. In Malaysia, Syariah-compliant services are highly demanded. Therefore, products or services that include wealth management, unit trust, Islamic treasury, and corporate banking are particularly formulated to assure that all business transactions follow the Syariah requirement.
The Bank’s annual brand value grew at the rate of 24% in 2016, and so this means that they’re now in the top 5 leagues in Malaysia. For the exact purpose to continue to keep the comparable growth rate over the next several years, RHB Bank with RHB Joy@Work will be deploying more aggressive campaigns and tactics for the consumers.