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81

BANKING & FINANCE

company of RHB Banking Group.

In an increasingly competitive business

environment, RHB Bank Berhad maintains as

one of the leading financial services providers

not only in Malaysia but also in the Asian region.

The bank has received numerous awards and

accolades over the years. With its remarkable

service towards small and medium enterprises

(SMEs), RHB Bank Berhad won the prestigious

Excellence in SME Banking award in Asia in

2019. RHB Bank Berhad provides commercial

and merchant banking services with more than

300 branches located across Southeast Asia

including Singapore, Thailand, Cambodia, Laos,

Myanmar, Vietnam and Brunei.

RHB Bank Berhad’s branch in Brunei has been

in operation since 1965 and was initially

known as United Malayan Banking Corporation

Berhad. In December 1996, the bank was

renamed Sime Bank Berhad after the change

in ownership under the Sime Darby Group of

Malaysia. Following the banking consolidation

exercise in Malaysia, the branch was renamed

RHB Bank Brunei Berhad in May 1999 offering

financial products such as housing loans as well

as working capital or financing for registered

businesses in Brunei such as overdraft, trade

facilities and business loans.

It is presently located at Yayasan Sultan Haji

Hassanal Bolkiah, Bandar Seri Begawan.

In an effort to get closer to the community,

RHB Bank Berhad Brunei has been conducting

RHB Touch Hearts and the group had raised

more than RM1.2 million over the past years,

which has benefitted more than 20,000 across

the areas RHB Group is operating in. Moving

forward, RHB Berhad Brunei strives to expand

its business and continues to provide the

best services to its customers, guided by its

corporate vision and values.