Friday, 2 December 2022

Best Retail Bank in Malaysia - RHB Bank

5 min read

By The Asian Banker

The winning bank showed  a strong financial performance with double-digit  compound annual growth in retail  and improved return on equity (ROE). The bank leveraged its digital transformation journey through h its expanded ecosystem and new digital products. With the help of its fintech partner, it   introduced straight through processing on personal financing with real-time decisioning This reduced the turn-around-time of approval  from 24 hours to real-time decisioning. With this, the bank saw 143% year-on-year growth in total loan disbursement. The Best Retail Bank in Malaysia is RHB Bank.

 

About The Asian Banker

The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The global research company has offices in Singapore, Malaysia, Hong Kong, Beijing and Dubai as well as representatives in London, New York and San Francisco. It has a business model that revolves around three core business lines: publications, research services and forums. Visit www.theasianbanker.com for details.

You may visit the Excellence in Retail Financial Services page at  http://awards.asianbankerforums.com/retailfinancial/

For further information on the collaterals for winning banks, please contact:

Mr. Mobasher Zein Kazmi

Head of Research

Tel: (+61) 452 514 145

Email: mkazmi@theasianbanker.com



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