RHB Bank to inflate Business expansion Within SEA Market
So far, RHB Bank is amongst the main players in the Malaysian finance and banking sector. Trying to grow the horizon within the SEA region, they have laid their foundation in countries which include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In guaranteeing that the business is scalable, RHB brought out an array of banking facilities such as a better currency exchange to business owners and individuals for both personal and commercial needs.
By far the most common yet essential services provided to individuals are deposit account and self-banking services. With competitive interest rate and availability of Automated Teller Machine & Cash Deposit Machine in the bank branches along with other strategic locations throughout Malaysia, customers can also enjoy maximum savings return while at the same time have access to their bank account for cash deposit and withdrawal quite easily anytime.
RHB Bank understands that more people make purchases online as compared with using cash nowadays. Based on the data collected, it is discovered that more online users would prefer to purchase by using credit cards. So, the Bank causes it to be essential to serving the customers better by providing credit card services with fantastic rewards. Intelligent customers who compare credit cards mindfully would know that RHB’s interest rate is amongst the lowest.
What is more, as RHB Bank sees the critical need to formulate a good sense of balance between demand and supply, they have developed a credit card scheme that provides more rewards to the cardholders that could be enjoyed whilst they use it for either offline or online transactions.
Individuals will often demand more than credit cards and savings accounts, and RHB understands that well. At the moment, many have struggled to get a loan to purchase assets which include homes & cars. So, the Bank started to come up with a loan plan that benefits each party at the lowest interest rate for an array of loan types. On top of that, individuals can also subscribe to various kinds of insurance policies and make financial investments together with the Bank.
For entrepreneurs and corporate organizations, they’re able to engage with RHB Bank for corporate banking facilities. Businesses may make applications for business loans when they are interested, and also, they can engage in some other sort of corporate banking facilities. As some businesses requested, RHB Bank offers online cash management services.
There is one special group of customers that could reap the most advantages of this: the SMEs. The services provided by RHB Bank will certainly make it possible for them to get more capital to grow their business by making loan applications. Also, SMEs within the e-commerce industry can likewise sign up for RHB’s reliable retail solutions.
Nonetheless, the need for Islamic banking facilities hasn’t ever been overlooked, particularly when there’s popular demand for Shariah-compliant products within the Malaysian market. For that reason, the Bank makes sure products that abide by the Shariah requirement, for instance, Islamic wealth management services, Islamic treasury, corporate banking, as well as unit trust are made available.
A tremendous 24 annual brand value growth has been observed by the Bank in 2016, which places them as among the top five domestic banking players. Seeing the long term market growth potential, RHB Bank has equipped itself with more rigorous and efficient tactics for currency exchange to further boost its value and market share in the long run.