RHB Bank to increase Progression Within South East Asia
As one speaks of RHB Group, we do know that they’re now amongst the five best banks in Malaysia. Recognising the potential of foreign markets with SEA, they also have expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and lots of other countries. Feeling the importance to provide extra value, RHB Bank has started to offer a current account with many different types of financial services to corporations and individuals.
Creating a savings account or a current account happens to be stapled yet underrated. To ensure account holders may benefit the most from their savings, RHB Bank has offered a reasonably competitive interest rate compared to the other banking institutions. Moreover, they have already improved the banking facilities by both adding more ATM and CDM machines in branches and various designated locations and creating an internet banking services platform, RHB Now for their customers.
Also, RHB adopts digital transformation and has observed that it contributed to the rising demand for credit cards. As research shows, more people tend to shop and make online transaction nowadays; RHB Bank has additionally made it practical for customers to apply for credit cards online. The Bank is more comfortable with their offering that they even urge potential customers to make a comparison of credit cards interest rate before making any commitment.
In addition, as the Bank sees the urgent need to create a good sense of balance between supply and demand, they’ve launched a credit card scheme that gives an additional advantage to the cardholders which really can be enjoyed once they use it for either offline or online transactions.
RHB knows that individuals demand more than savings accounts and credit cards. When purchasing assets such as cars & homes, most individuals are generally finding it difficult to get their bank loan approved. As a result, RHB improvised its financing facilities that give minimum interest to get a broad range of loan product. In addition to that, unit trust, insurance, and personal financial investment could also be made with the Bank.
Shifting the attention to corporate customers, RHB Bank is furthermore offering corporate banking solutions to entrepreneurs and organisations. These target prospects are welcomed to obtain loans and also sign up for the other answers, which include asset management and cash management services.
These types of services are especially beneficial for SMEs, as lots of kinds of facilities including loans can be made to gain more capital in their businesses. For e-commerce entrepreneurs, retails solutions is just about the most innovative and beneficial services they can engage with.
However, RHB Bank still keeps its attention on the highly-demanded Islamic banking facilities. This form of the product is mainly demanded in countries like Malaysia. So, they’ve offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is made available upon demand by either individuals or organizations.
A significant 24 annual brand value growth seems to have been seen by the Bank in 2016, which places them as amongst the five best domestic banking players. Seeing the future market growth potential, RHB Bank has equipped themselves with more rigorous and efficient tactics to grow further its value and share of the market in the long run for the current account.