RHB targets 9-10% growth in retail banking

HB Capital has unveiled its mid-term 2017 objectives backed by its strategic programme called iGnitE 2017, which was launched in 2014.

PETALING JAYA: RHB Bank Bhd is targeting a nine to 10% growth in its retail banking segment in terms of accounts this year based on the encouraging growth in its customer base which records over 30,000 accounts monthly.  

Its group retail banking acting head, Nazri Othman, said despite the challenging economic conditions, the group was able to attract new customers through various activities which included product campaigns, property launches and collaboration with other corporations.

“We are also working on extending more products such as the ASB Islamic financing and Flexi Islamic mortgage to our RHB Easy service, which offers fast and seamless 10-minute banking system.

“Our main target of new customers will be the upper mass group, which currently stands over 90 per cent, who are earning about RM4,000 to RM6,000 a month,” he told reporters after the prize giving ceremony for its ‘’Easy Save  and  Spend’’ campaign here, today. - Bernama