RHB Bank To Expand Business Expansion Within SEA

RHB Bank Ready to Take on the National Financial Segment

RHB Bank happens to be one of the best integrated financial services group in Malaysia. Along with the vision to further increase its market share within the South East Asia region, the company has to date ventured into 10 countries which comprise Brunei, Laos, Myanmar, Vietnam, and Singapore, among others. To make growth possible, a wide variety of products such as Islamic bank loans are now provided to the public to satisfy both personal and business needs.

Individuals and organizations have the freedom to open their savings and current account with RHB Bank conveniently and benefit from reasonably competitive interest rates as they transfer money into their bank account. Should they have any transactions online, they can easily utilize internet banking services, RHB Now. For offline transactions, they’re able to access the ATM & CDM machines in addition to MEPS ATM easily for withdrawal.

As the Bank sees the trend shift from the good old purchasing method with cash to online purchases, they realized that there’s an increasing market demand for credit cards. Counting on the data from studies conducted that indicates the public’s increasing acceptance towards the online purchase, it is undisputed that offering credit card services has become the main approach RHB Bank ought to be pushing forward-and they did precisely that.

RHB

What’s more, as RHB Bank sees the immediate need to create a good balance between supply and demand, the company has created a credit card scheme that offers a special reward to the cardholders that can be enjoyed when they use it for either offline or online transactions.

Despite that, RHB Bank realizes the reality that offering credit cards and savings accounts are certainly not enough. Presently, acquiring assets like cars and real estate will require many individuals to apply for a good loan scheme. Thus, RHB has reformulated its loan structure so that they can offer the lowest interest rate as is practicable for different kinds of loans. Plus, insurance services, unit trust, along with financial investment can also be made.

For businesses, RHB Bank is offering an extraordinary banking solution. Application for commercial loans and also corporate and investment banking are some of the great diversity of services available. For interested partners, the can likewise sign up for the Bank’s asset management services.

These types of services are especially helpful for SMEs, as lots of types of services including loans can be made to gain more capital for their businesses. For e-commerce entrepreneurs, retails solutions could be essentially the most innovative and beneficial services they’ll be able to subscribe to.

Notwithstanding, the bank hasn’t ever lost focus on Shariah-compliant financial instruments. This is largely as a consequence of great demand by the public in Malaysia. Understanding that, banking facilities that adhere to the minimum Syariah requirement that include Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are being introduced.

In 2016, RHB Bank has seen a 24% annual brand value growth, leading them to be among the list of 5 top players in Malaysia. Knowing the full potential of the forthcoming financial market, RHB Bank is prepared with a lot more aggressive strategies for Islamic bank loan in ensuring a consistent increase of growth through the next several years.

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