RHB Bank Preparing To Take On The Local Financial Segment

RHB Bank Ready to Take over the Foreign & Local Financial Segment

Presently, RHB Bank is just one of the pioneers of the financial sector in Malaysia. With foundations laid down in 10 countries within South East Asia which includes Cambodia, Laos, Myanmar, Vietnam, and Thailand; RHB Group is confident to progress faster by providing banking facilities that would help both individuals and businesses depending on their respective needs such as travel insurance. RHB Bank views this as one solution to serve their customers better.

The creation of savings or current accounts by individuals and organizations is certainly indispensable. To attract smart consumers, RHB Bank has offered a reasonable interest rate account holders will enjoy by merely depositing money into their accounts. As they provide traditional transaction facility through ATM and CDM, the Bank had also launched RHB Now, their online banking facilities to increase efficiency.

Not only this, but RHB also embraces digital transformation and has observed that it lead to escalating demand from customers for credit cards. As studies have shown that more and more people tend to shop and perform the transaction online nowadays, RHB Bank has made it possible for customers to apply for credit cards online. The Bank is confident with their offering that they even urge prospects to review credit cards interest rate before making any commitment.


Feeling the importance to narrow the gap between supply and demand, RHB Bank goes further and they have begun offering credit card facilities with numerous benefits as opposed to the other banks, that include cashback reward for cardholders as they buy more using a credit card.

RHB is aware that individuals need more than just savings accounts and credit cards. When buying assets which include cars and homes, most people tend to be having difficulties to get their loan approved. For this reason, the company has improvised its banking facilities which offer minimum interest for the wide variety of lending products. What is more, unit trust, insurance, and personal financial investment could also be made with the Bank.

Shifting the main target to corporate customers, RHB Bank is, in addition, offering corporate banking solutions to entrepreneurs and organizations. These target consumers are welcomed to get loans and even subscribe to the other services, for example, asset management and cash management services.

Small-medium enterprises are amongst those who are going to take advantage of the most benefits. They’re welcomed to get loans should capital injection is called for when they scale their businesses. Not only that, RHB Bank even offers retails solutions to appropriate customers, especially those in e-commerce businesses.

Nonetheless, the demand for Islamic banking facilities has never been overlooked, particularly when there is a high demand for Shariah-compliant products and services within the Malaysian market. Thus, the Bank makes sure solutions that adhere to the Shariah requirement, including Islamic wealth management services, Islamic treasury, corporate banking, and unit trust are made available.

A huge 24 annual brand value growth seems to have been seen by the Bank in 2016, which places them as among the 5 top domestic banking players. Seeing the forthcoming market growth potential, RHB Bank has equipped itself with more rigorous and effective tactics to further grow its value and share of the market shortly.

Travel safely with travel insurance from RHB now!