RHB Bank To Increase Growth Within SEA Market
Presently, RHB Bank is among one of the leaders of the financial industry in Malaysia. With foundations set in Ten countries within SEA that include Cambodia, Laos, Myanmar, Vietnam, and Thailand; RHB is confident to grow faster by offering banking facilities such credit cards that could help both individuals and businesses based on their respective needs. RHB Bank views this as one of many ways to serve their customers better.
Among the most staple form of services a Bank can offer is undoubtedly the cover account and self-banking services. RHB attracts the public to set-up savings and current accounts by providing an above-average interest rate to be enjoyed by customers. For maximum convenience to withdraw and deposit money into the account, account holders can easily locate and use the nearby ATM & CDM machines deployed in branches as well as other locations easily.
RHB Bank is aware that more people make purchases online in comparison to using cash nowadays. Concerning the data collected, it is found that more web users would prefer to make purchases using credit cards. Therefore, the Bank causes it to become important to serve the prospects better by giving credit card services with impressive rewards. Diligent customers who compare credit cards meticulously will know that RHB’s interest rate is among the lowest.
This is when unique offering comes into the picture, as multiple advantages are offered to RHB Bank credit cardholders, which include cashback reward as well as some other value-added rewards which offer higher return when the cardholder spend more money.
For companies, RHB Bank is offering an extraordinary banking solution. Application for business loans as well as corporate and investment banking are among the many types of services available. For interested partners, the might also subscribe to the Bank’s asset management services.
SMEs will surely leverage the range of services provided by RHB Bank, in particular when it involves taking loans to increase cash flow and further scale the business. RHB Group also has begun innovating by offering retail solutions to consumers that need it, most notably e-commerce players.
Nonetheless, the need for Islamic banking facilities has not been overlooked, especially when there’s a high demand for Shariah-compliant products in the Malaysian market. Hence, the Bank ensures that products that observe the Shariah requirement, for example, Islamic wealth management services, Islamic treasury, corporate banking, and even unit trust are offered.
The Bank’s annual brand value grew at the rate of 24% in 2016, and so this makes certain that they are now in the top five leagues in Malaysia. To sustain the comparable growth rate over the next several years, RHB Bank is going to be deploying much more aggressive campaigns for credit cards and tactics for the consumers.