RHB Bank to Expand Growth Within SEA Market
RHB is today said to be the largest bank with integrated financial services in Malaysia. Since they plan to further extend its market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam as well as some other countries within the SEA. Acknowledging that one of the most efficient ways to compete is by giving extra value to the customers, the RHB group initiated a policy of offering multiple Islamic banking facilities to both individuals and organizations.
Creating a savings account or even a current account has been stapled yet underrated. To ensure that account holders may gain advantage the most from their savings, RHB Bank has offered a reasonably competitive interest rate compared to other banking institutions. Moreover, they have improved the banking facilities by both adding more ATM and CDM machines in branches and other designated locations and also creating a web-based banking services platform, RHB Now for their consumers.
RHB Bank happens to be monitoring the trend change in terms of purchase from using cash too without cash and saw that this contributed to an even greater interest in credit cards. According to the information and facts collected globally and nationwide, more people appear to prefer shopping online using a credit card every day. Hence, RHB made the best move by making it simple and easy for customers to apply for a credit card online and benefit from a low-interest rate.
This is where unique offering comes into the picture, as multiple advantages are offered to RHB Bank credit cardholders, which includes cashback reward as well as some other value-added rewards that give higher return when the cardholder spend more.
Despite that, RHB Bank appreciates the truth that offering credit cards and savings accounts are certainly not enough. Presently, acquiring assets that include cars and real estate requires most of the people to acquire a good loan scheme. Thus, RHB has reformulated its loan structure to offer the lowest interest rate possible for different types of loans. Plus, insurance services, unit trust, and also the financial investment can also be made.
For business owners and organizational entities, RHB Bank is providing corporate banking facilities. They’re able to engage with the Bank either for investment banking or even to make a business loan. If the customers are interested, they can even sign up for RHB Bank’s online cash management services.
Small-medium enterprises are one of those who will enjoy the most benefits. They are welcomed to obtain loans should capital injection is necessary when they scale their businesses. Furthermore, RHB Bank even provides retails solutions to relevant customers, especially those in e-commerce businesses.
However, RHB Bank still keeps its focus on the highly-demanded Islamic banking facilities. 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 organizations.
The Bank’s annual brand value grew at the rate of 24% in 2016, and that means that they’re now in the top 5 leagues in Malaysia. For the exact purpose to continue to keep a similar rate of growth across the next several years, RHB Bank will undoubtedly be deployed much more aggressive campaigns and tactics for the consumers.
Get yourself the best Islamic banking from RHB now!