RHB Bank To Expand Growth Within SEA

RHB Bank’s Credit Card Online & A Number Of Other Banking solutions

RHB Bank is at present one of the most exceptional integrated financial services group in Malaysia. Along with the vision to further maximise its share of the market in the South East Asia region, the company has to this point ventured into ten countries which cover Brunei, Laos, Myanmar, Vietnam, and Singapore, and more. To make growth just as possible, several products like SME loan Malaysia happen to be provided to people to cater to both personal and business needs.

Having a savings account or even perhaps a current account has been stapled yet underrated. To ensure that account holders could benefit the most from their savings, RHB Bank has offered a very competitive interest rate as opposed to other banking companies. Plus, they’ve improved the banking facilities by both adding more ATM and CDM machines in branches and other designated locations as well as creating a web-based banking services platform, RHB Now for their customers.

RHB Bank has been monitoring the change of trend in terms of purchase from using cash to the cashless method and discovered that this resulted in a greater interest in credit cards. Based on the information collected across the globe and nationwide, many people appear to prefer shopping online using a credit card every day. Hence, RHB made the right move by making it relatively easy for potential consumers to apply for a credit card online and enjoy a low-interest rate.

RHB Bank

Feeling the need to narrow the gap between supply and demand, RHB Bank goes further, and they have begun offering credit card facilities with an array of benefits compared to the other banks, including cashback reward for cardholders as they buy more using a credit card.

Individuals will typically want more than credit cards and saving accounts, and RHB is aware that well. Today, many have struggled to get a loan to purchase assets which include homes & cars. Hence, the Bank began to put together a personal loan plan that benefits all sides at the lowest interest rate for many loan types. Additionally, individuals are also able to subscribe to the great diversity of insurance policies and make a financial investment with the Bank.

For entrepreneurs and corporations, they’re now able to engage with RHB Bank for corporate banking facilities. Businesses may make an application for commercial loans if they’re interested, and additionally, they can likewise participate in some other type of corporate banking facilities. As some businesses requested, RHB Bank even offers online cash management services.

Small-medium enterprises are amongst the customers, which could enjoy the most benefit, mainly when it is now possible for them to make applications should extra revenue is necessary to scale the business. Additionally, retails solutions are likewise provided to SMEs who might need it.

Nonetheless, the demand for Islamic banking facilities has never been overlooked, especially when there is a high demand for Shariah-compliant products or services in the Malaysian market. For this reason, the Bank ensures that products that satisfy the Shariah requirement, that include Islamic wealth management services, Islamic treasury, corporate banking, and unit trust are offered.

RHB Bank has witnessed a 24% annual brand value growth in 2016, which automatically places them within the top 5 positions for banks in the nation. In anticipation of the expected market growth, the Bank has started strategising a more proactive approach on SME loan Malaysia to keep its rate of growth steady for an extended period.