Asia’s best bank for corporate responsibility 2022: RHB Bank
Malaysia’s RHB Bank is a big believer in the power of education to elevate people out of poverty and underprivilege.
The bank runs a series of education initiatives. Some are designed simply to help children from low-income families by providing extra tuition classes, meal allowances and reference materials. This is the RHB X-Cel Programme, and those who do well within it can seek scholarships allowing them to go to local public universities – with the possibility of a job at RHB at the end of it.
Others focus more precisely on financial literacy. The RHB Money Ma$ter Programme, and similar initiatives elsewhere in the region from Singapore to Cambodia, seek to give people the power to help themselves through a greater understanding of their own finances.
Elsewhere, the bank aims to lift communities by getting its employees to participate in humanitarian initiatives, and by providing dedicated programmes for crisis relief.