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Rhb Bank Background

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Background of RHB Bank
RHB Bank BHD provides banking services. The Company offers commercial and consumer banking, corporate and investment banking, and international banking services. RHB also provides savings accounts, foreign currency accounts, home and travel insurance, and investment planning. RHB Bank started its banking group from a humble beginning which is in year 1997 to a world well-known banking group until nowadays. Rashid Hussain-the people who secures a broker’s license and sets up Rashid Hussain Securities Sdn Bhd in the year 1983. Rashid Hussain was holding 75% stake in Kwong Yik Bank Berhad in year 1996, this lead to the the merging of Kwong Yik Bank Berhad with Development and Commercial Bank (DCB Bank Berhad) and ultimately …show more content…

On March 1st 2005, RHB Banking Group officially received the license for RHB Islamic - making it the first commercial banking group in Malaysia to have its full-fledged Islamic Bank. RHB Islamic offers a range of consumer and business banking financial solutions that are Shariah-based, available at RHB Islamic branches, as well as all RHB Bank branches, which include over 180 branches and more than 500 ATM's throughout the …show more content…

The CIBS Government Linked Corporations (GLC) team services the Malaysian government entities and government-linked corporations. The CIBS Large Caps team covers the largest non-government corporations in Malaysia for their banking needs with RHB Group. The CIBS Mid Caps team covers the leading corporations in Malaysia in the middle market space in the country. The CIBS International team covers RHB Group's key corporate clients outside of Malaysia, with a focus on companies based in Singapore and Indonesia.

4. International Banking
Rhb bank also make some activities through international. For example is investment. The RHB Banking Group is one of the largest fully-integrated financial products and services groups in Malaysia with a growing offshore presence in Singapore, Thailand, Vietnam and Brunei, as well as foreign- currency based funding operations in Labuan. The RHB Banking Group is one of the largest fully integrated financial products and services group in Malaysia with a growing offshore

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