RHB Bank Taking Over SEA

RHB Bank Taking Over SEA

January 11, 2019 Off By MH

RHB Bank and their multiple banking products and services

As one speak of RHB, we know that they’re now some of the 5 best banks in Malaysia. Comprehending the potential of foreign markets with South East Asia region, they also have expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and several other countries. Feeling the need to provide extra value, RHB Bank initiated a policy to present various types of banking services to businesses and individuals.

RHB Group’s Online and Offline Banking Solutions

Individuals and organizations are free to start up their savings and current account with RHB Bank conveniently and get reasonably competitive interest rate as they deposit money into their bank account. When they want to make any transactions online, they are able easily use the online banking services, RHB Now. For conventional transactions, they’ll be able to access the ATM & CDM machines and any MEPS ATM quickly for withdrawal.

Credit Card

In addition, RHB also embraces digital transformation and has now observed that it contributed to a growing demand for credit cards. As research shows that more and more people usually tend to shop and perform online transactions nowadays, RHB Bank has also made it entirely possible for customers to apply credit card online. The Bank is confident with their offering that they even urge potential consumers to study credit cards interest rate prior to making any commitment. Have a look at https://www.rhbgroup.com/products-and-services/personal/cards/credit-cards.

This is where unique offering comes into the picture, as many advantages are offered to RHB Bank credit card holders, including cashback reward and many other value-added rewards which offers higher return when the card holder use the card more.

Business Banking

RHB understands that individuals demand more than just savings accounts and credit cards. When purchasing assets which include homes and cars, the majority of people seem to have been finding it difficult to get their personal bank loan approved. So, RHB reformulated their personal banking facilities that gives the minimum interest for a broad range of lending product. Furthermore, unit trust, insurance, and personal financial investment may well also be made with the Bank.

Shifting the main focus to corporate customers, RHB Bank is also offering corporate banking solutions to entrepreneurs and organizations. These target consumers are welcomed to apply for loans as well as subscribe to the other solutions, such as asset management and cash management services.

Small-medium enterprises are some of those which will take advantage of the most benefits. They really are welcomed to obtain loans should capital injection is called for as they scale their businesses. Aside from that, RHB Bank even offers retails solutions to the appropriate customers, especially those in e-commerce business.

Islamic Banking

Despite that, RHB Bank still keeps their focal point on the highly-demanded Islamic banking faciltities. This type of product is especially demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is available upon demand by either individuals or companies.

Conclusion

A significant 24 annual brand value growth happen to have been observed by the Bank in 2016, which places them as one of the top 5 domestic banking players. Seeing the long term market growth potential, RHB Bank has equipped themselves with a more rigorous and efficient tactics to further grow their value and market share in the time to come.