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Essay On Consumer Banking

1642 Words7 Pages

Consumer Banking is the division of services by Affin Bank to consumers, rather than to organizations, corporations or other banks. Services offered incorporate deposit, loan, card, hire purchase, bancassurance, unit trust, remittance and asnb business. This division duty is deaing with consumers.

Affin Bank consumer banking products are supported by a set of network of branches from all states. It is upon consumer decision to choose to banking through a branch, via affinonline using Internet banking, over the phone or using an ATM, consumer will find Affin Bank services are convenient and easy accessible for consumer when and where they require it.

3.2.1 PRODUCT OF CONSUMER BANKING

DEPOSIT

• Affin GOLD
AffinGOLD is a savings account that …show more content…

Affin Bank Hire Purchase is offering fast approval, competative rates, repayment period up to 9 years, margin of financing up to 90% with a convenience payment through multiple channels.

BANCCASSURANCE

Banccassurance is offering insurance services to the consumer. Insurance offers peace of mind and protection against the unexpected events that can affect the quality of our life. "Many people wonder whether they can afford to have insurance: the truth is that you cannot really afford to be without it! Insurance is not just important, it is necessary. Unless you are independently wealthy or have strong consistent income streams, you cannot meet the level of expenditure expected if you are sacrificing insurance."
UNIT TRUST
In current challenging economic environment, consumers wanted to place their investment where it will be safe from volatile changes in the market. On the other hand, consumers also want to continue to enjoy good returns on their investment. AFFINBANK’s mission is to help consumer to realize their financial dream. Being an IUTA enables AFFINBANK to provide a wider choice of unit trust for investors. Fulfilling investor 's choice is the most prominent

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