RHB Bank To Increase Expansion Within SEA Market

RHB Bank All Geared Up to Dominate the National Financial Segment

RHB Bank currently is one of the greatest integrated financial services group in Malaysia. Along with the vision to further boost its share of the market within the South East Asia region, they have currently ventured into 10 countries which cover Brunei, Laos, Myanmar, Vietnam, and Singapore, and more. To be able to make dominion achievable, a wide array of products and services have been offered to the public such as online credit cards to accommodate both the business and personal needs.

Individuals and organizations are free to start up their savings and current account with RHB Bank conveniently and enjoy competitive interest rates as they deposit money into their accounts. Should they wish to make any transactions online, they’re now able to easily make use of internet banking services, RHB Now. For conventional transactions, they can access the ATM & CDM machines as well as MEPS ATM conveniently for withdrawal.

As the Bank sees the change of trend from the old purchasing method by cash to an online purchase, they understood that there’s also an increasing demand for credit cards. Dependent on the outcome from surveys conducted that suggests the public’s increasing acceptance towards e-payment, it truly is proven that offering credit card service is one of the main approaches RHB Bank needs to be pushing forward-and they did exactly that.

Knowing there is an urgent need to reduce the gap between demand and supply, the Bank took yet another step forward to offer value-added credit card services that gives cashback and many other benefits the account holder can also enjoy whilst they move forward.

RHB recognizes that individuals want more than only savings accounts and credit cards. When buying assets such as homes & cars, a lot of people tend to be having difficulties to get their loan approved. So, they have reformulated their banking facilities that offer nominal interest to get a wide range of lending products. On top of that, unit trust, insurance, and personal financial investment may also be made with the Bank.

For entrepreneurs and enterprises, they may connect with RHB Bank for corporate banking facilities. Businesses may submit an application for commercial loans when they are interested, and in addition they can likewise engage in other sorts of corporate banking facilities. As some businesses requested, RHB Bank offers online cash management services.

There certainly is one special category of customers that might reap the most advantages from this: the SMEs. The services made available by RHB Bank might most likely make it possible for them to get more capital to better develop their business by making a loan application. In addition, SMEs in the e-commerce industry can even sign up for RHB’s dependable retail solutions.

Despite this, focus on the highly demanded Islamic banking facilities has not been an oversight. RHB Bank knows that there is a lot of requests from the customers to produce Shariah-compliant financial instruments. In response to that, they’ve already set up wealth management, corporate banking, Islamic treasury, unit trust, and various kinds of other services that follows the Shariah guideline to the public.

A tremendous 24 annual brand value growth has been observed by the Bank in 2016, which places them as amongst the top 5 domestic banking players. Seeing the future market growth potential, RHB Bank has equipped itself with more rigorous and effective tactics for an online credit card to further grow its value and market share in the time to come.