RHB Bank To Increase Growth Within SEA Region

RHB Bank: A Lot More Than Credit Cards and Loans

As we speak of RHB Group, we know that they are now among the top 5 banks in Malaysia. Knowing the potential of foreign markets with the SEA region, they also have expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and plenty of other countries. Feeling the need to provide extra value, RHB Bank has begun to offer many different types of banking services such as a credit card to organizations and individuals.

Individuals and corporations are free to open their savings and current account with RHB Bank conveniently and acquire a highly competitive interest rate as they deposit money into their bank account. Should they intend to make any transactions online, they’ll be able to easily utilize internet banking services, RHB Now. For conventional transactions, they could access the ATM & CDM machines and also MEPS ATM conveniently for withdrawal.

RHB Bank has been monitoring the trend change in terms of purchase from using cash too without cash and witnessed that it resulted in an even greater demand for credit cards. Based on the information collected globally and nationwide, many people appear to prefer buying online by using credit card every day. Hence, RHB made a suitable move by making it very simple for potential consumers to apply for a credit card online and take pleasure from a low-interest rate.


Knowing there is an urgent need to minimize the gap between demand and supply, the Bank took yet another step of progress to offer a value-added credit card plan that gives cashback and numerous other benefits the account holder can also enjoy whilst they move forward.

Individuals will in general demand more than credit cards and saving accounts, and RHB recognizes that well. As of the moment, many have struggled to get a loan to acquire assets such as homes & cars. So, the Bank began to create a personal loan plan that benefits each side with the lowest interest rate for a variety of loan types. Moreover, individuals are also able to subscribe to various kinds of insurance plans and make financial investments together with the Bank.

Shifting the main target to corporate customers, RHB Bank is also offering corporate banking solutions to entrepreneurs and organizations. These target consumers are welcomed to obtain loans as well as subscribe to the other offerings, including asset management and cash management services.

There is one special category of customers which might reap the most benefits from this: the SMEs. The services made available by RHB Bank will help make it possible for them to get more capital to better develop their business by making loan applications. Additionally, SMEs in the e-commerce industry might also sign up for RHB’s dependable retail solutions.

Nonetheless, the demand for Islamic banking facilities hasn’t ever been overlooked, particularly when there’s popular demand for Shariah-compliant offerings within the Malaysian market. That’s why, the Bank makes certain that products that observe the Shariah requirement, for example, Islamic wealth management services, Islamic treasury, corporate banking, and 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 5 leagues in Malaysia. For the exact purpose to build and maintain the comparable growth rate across the next several years, RHB Bank is without a doubt deploying far more aggressive campaigns such as a credit card offer and tactics for the customers.