RHB Bank to Expand Business expansion Within South East Asia Market
RHB Bank is one of the most popular integrated financial services group in Malaysia. Along with the vision to further maximize its market share in the South East Asia region, the company has to this point ventured into 10 countries that cover Brunei, Laos, Myanmar, Vietnam, and Singapore, as well as others. To help make growth achievable, a wide selection of services continues to be provided to customers to provide for both the business and personal needs such as fixed deposit rate Malaysia.
The creation of current or savings accounts by individuals and enterprises is without a doubt imperative. To attract smart consumers, RHB Bank has offered a highly competitive interest rate members will enjoy by merely depositing money into their respective accounts. Whilst they provide traditional transaction facility through ATM and CDM, the Bank had also launched RHB Now, their internet banking services in promoting efficiency.
Not just that, RHB also embraces digital transformation and has now observed that it contributed to escalating market demand for credit cards. As studies show more and more people are likely to shop and make online transactions nowadays, RHB Bank also has made it practical for customers to apply for credit cards online. The Bank is confident with their offering that they even urge consumers to study credit cards interest rate before making any commitment.
Additionally, as the Bank sees the immediate need to produce a good sense of balance between demand and supply, the company has created a credit card scheme that offers an extra reward to the cardholders which could be enjoyed as they simply utilize it for either offline or online transactions.
However, the Bank realizes that consumer banking goes past credit cards and savings accounts. Nowadays, many of us turn to loans to buy assets, nevertheless getting loans approved is often a difficult process. So, RHB Bank had created a flexible policy for the general public with minimal interest rates for a lot of different types of loans. On top of that, personal financial investment, unit trust, and insurance coverage services are also offered.
For companies and entrepreneurs, corporate banking facilities are also made available. They may take a business loan or maybe even connect with RHB for corporate & investment banking. Intending to make sure that their solutions are top-rated, RHB has additionally offered online cash management and asset management services.
These solutions are especially necessary for small-medium enterprises, as lots of different kinds of services including loans can be made to gain more capital in their businesses. For e-commerce enterprises, retails solutions could well be among the most innovative and beneficial services they’re able to engage with.
Nonetheless, the need for Islamic banking facilities hasn’t ever been overlooked, especially when there’s popular demand for Shariah-compliant products and services within the Malaysian market. Therefore, the Bank makes sure solutions that observe the Shariah requirement, such as Islamic wealth management services, Islamic treasury, corporate banking, and even unit trust are offered.
In 2016, the Bank had been able to boost the growth of its annual brand value by 24%, which automatically makes them the 4th fastest growing banking industry player in Malaysia. As they anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing to develop more impactful campaigns in the future such as fixed deposit rate Malaysia.