RHB Bank expands banking reach via opening of Ayutthaya branch

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KUCHING: RHB Bank Thailand, a member of the RHB Banking Group, Malaysia’s fourth largest financial services group, has expanded its branch network in Thailand with the opening of a branch in Ayutthaya province.

U Chen Hock, executive director, Group International Business of the RHB Banking Group in a press statement said, “The expansion of RHB Bank Thailand into Ayutthaya is part of our strategy to provide greater banking accessibility as we see the need for a banking institution in this province.

“We believe that individuals and businesses here will benefit from RHB’s tailor made products and services to meet their financial goals.”

The branch will be headed by Tan Leong Huat and his team of five personnel.

“The opening of RHB Bank in Ayutthaya will cater to the province’s growing businesses that lend support to the local economy,” added Chen Hock.

RHB Bank Thailand at Ayutthaya offers a comprehensive range of financial products and services including savings accounts, fixed deposits, loans, foreign exchange and remittances.

The new branch will also focus on providing trade finance to facilitate import and export of businesses.

RHB Bank Thailand, a fully licensed commercial bank, has a 50-year presence in the country.

Besides providing financial solutions to the local community, RHB Bank Thailand also caters to Malaysian, Singaporean, Japanese and other foreign investors. The Bank has two other branches in Bangkok and Sri Racha.