RHB Group expands to Laos
The RHB Banking Group on June 6 extended its regional presence with the establishment of RHB Bank Lao Limited in Vientiane, Bernama reported. The group is now one step closer to its aspiration of being in all Asean countries by 2020, it said in a statement here today.
RHB Bank Laos will offer customers in that country a full range of banking facilities including deposit products, various loan facilities and foreign exchange.
Retail product offerings include housing loan, overdraft facility, term loan, revolving credit facility, savings and current accounts, and fixed deposits.
“RHB Banking Group’s presence in Laos is a strategic move to achieve its aspiration of becoming a leading regional multinational financial services group. We want to achieve market leadership and be recognised as the next generation customer-centric bank that continuously delivers innovative and personalised offerings to our customers not only in Malaysia but throughout the region,” said U Chen Hock, executive director, Group International Business, RHB Bank.
RHB Bank Laos will be led by country head Danny Ling.
Together with his team of 28, Ling is set to bring RHB Bank’s century-old experience and expertise to serve its customers in Laos with competitive tailor-made banking solutions.
Plans were in the pipeline to expand the branch network to reach more people in the country over time, it added.
The RHB Banking Group on June 6 extended its regional presence with the establishment of RHB Bank Lao Limited in Vientiane, Bernama reported. The group is now one step closer to its aspiration of being in all Asean countries by 2020, it said in a statement here today. RHB Bank Laos will offer customers in that country a full range of banking facilities including deposit products, various loan facilities and foreign exchange. Retail product offerings include housing loan, overdraft facility, term loan, revolving credit facility, savings and current accounts, and fixed deposits. “RHB Banking Group’s presence in Laos is a...
The RHB Banking Group on June 6 extended its regional presence with the establishment of RHB Bank Lao Limited in Vientiane, Bernama reported. The group is now one step closer to its aspiration of being in all Asean countries by 2020, it said in a statement here today.
RHB Bank Laos will offer customers in that country a full range of banking facilities including deposit products, various loan facilities and foreign exchange.
Retail product offerings include housing loan, overdraft facility, term loan, revolving credit facility, savings and current accounts, and fixed deposits.
“RHB Banking Group’s presence in Laos is a strategic move to achieve its aspiration of becoming a leading regional multinational financial services group. We want to achieve market leadership and be recognised as the next generation customer-centric bank that continuously delivers innovative and personalised offerings to our customers not only in Malaysia but throughout the region,” said U Chen Hock, executive director, Group International Business, RHB Bank.
RHB Bank Laos will be led by country head Danny Ling.
Together with his team of 28, Ling is set to bring RHB Bank’s century-old experience and expertise to serve its customers in Laos with competitive tailor-made banking solutions.
Plans were in the pipeline to expand the branch network to reach more people in the country over time, it added.
