RHB Bank Preparing to Lead the Domestic Financial Sector
RHB Bank to inflate Progression Within Southeast Asia Market
RHB Bank today is one of the greatest integrated financial services group in Malaysia. Having the vision to further boost its business within the SEA region, they’ve already to date ventured into 10 countries which comprise of Brunei, Laos, Myanmar, Vietnam, and Singapore, to name a few. To help make dominion attainable, a wide selection of offerings has actually been offered to consumers to cater to both personal and business needs. RHB Joy@Work.
The creation of current or savings accounts by individuals and enterprises is invariably vital. To draw in smart consumers, RHB Bank has offered a reasonably competitive interest rate customers can take advantage of by merely depositing money into their accounts. Whilst they provide traditional transaction facilities through ATM and CDM, the Bank had also launched RHB Now, their online banking solutions to increase efficiency.
As the Bank sees the change of trend from the old purchasing method with cash to online purchasing, they understood that there’s escalating demand from customers for credit cards. Depending on information from surveys conducted that suggests the public’s increasing worldwide recognition towards e-payment, it is actually proven that offering credit card solutions is among the main strategy RHB Bank really needs to be pushing forward-and they did exactly that.
In addition, as the Bank sees the immediate need to compose a good balance between demand and supply, they now have developed a credit card scheme that promises a special reward to the cardholders that could be enjoyed when they start to use it for either offline or online transactions.
Despite that, RHB Bank understands the truth that offering credit cards and savings accounts aren’t enough. Presently, acquiring assets like cars and real estate require the majority to apply for a decent loan scheme. Thus, RHB has reformulated its loan structure as a way to give the lowest interest rate possible for a good number of kinds of loans. Plus, insurance services, unit trust, as well as a financial investment can also be made.
For businessmen and organizational entities, RHB Bank provides corporate banking facilities. They could engage with the Bank either for investment banking or even to make a business loan. Whenever consumers are interested, they may even sign up for RHB Bank’s online cash management services.
It is clear that small-medium enterprises are one of the customers who could possibly enjoy a maximum advantage, in particular when it’s possible for them to make applications should extra cash is needed to scale the business. Additionally, retails solutions also are offered to SMEs who might need it.
Notwithstanding, the bank has not ever lost attention to Syariah-compliant financial instruments. This is mainly a consequence of increased demand by the general public in Malaysia. With that in mind, banking facilities that follow the minimum Syariah requirement which includes Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are being introduced.
In 2016, the Bank managed to increase the growth of its annual brand value by 24%, which automatically makes them the 4th fastest growing banking industry player in Malaysia. While they anticipate the upcoming year’s financial market potential, RHB Bank has started strategizing to form more successful campaigns in the future.
Enjoy many financial privileges when you choose RHB Joy@Work as your salary crediting account.