RHB Bank currently is one of the primary integrated financial services group in Malaysia. With the vision to further increase its business within the South East Asia region, they have already so far ventured into 10 countries that cover Brunei, Laos, Myanmar, Vietnam, and Singapore, to name a few. In order to make dominion possible, lots of products and services are generally provided to people to satisfy both business and personal needs.
Online & Offline Banking
One of the most staple kind of services a Bank can provide has always been the savings account and self-banking facilities. RHB Group attracts the general public to set-up savings and current accounts by giving a higher than average interest rates to be enjoyed by members. For maximal convenience to withdraw and deposit money into the account, members can easily locate and use the nearby CDM and ATM machines deployed in branches and other locations easily.
RHB Bank happens to be monitoring the shift of trend in terms of purchase from using cash to the cashless method and observed that this led to a greater interest in credit cards. Based on the information and facts collected worldwide and nationwide, more people apparently prefer to make online purchases using credit card every day. Hence, RHB made the right move by making it easy for potential consumers to apply for credit card online and have the benefit of a low-interest rate.
Feeling the need to narrow the gap between demand and supply, RHB Bank goes further and they have begun offering credit card services with many benefits in comparison to the other banks, which include cashback rewards for cardholders when they start to purchase more using a credit card.
Offline & Online Banking
RHB understands that individuals need more than just savings accounts and credit cards. When buying assets which include cars & homes, most individuals tend to be experiencing struggles to get their personal loan approved. For that reason, they have reformulated their personal financing services that provide very low interest for a wide range of bank
For entrepreneurs and enterprises, they could connect with RHB Bank for corporate banking facilities. Businesses may sign up for commercial loans should they be interested, and in addition, they can likewise engage in other forms of corporate banking facilities. As some businesses requested, RHB Bank even offers online cash management services.
These facilities are especially beneficial for small-medium enterprises, as numerous different kinds of services including loans can be made to inject capital for their businesses. For e-commerce entrepreneurs, retails solutions are essentially the most innovative and beneficial services they may engage with.
, as numerous different kinds of services including loans can be made to inject capital for their businesses. For e-commerce entrepreneurs, retails solutions are essentially the most innovative and beneficial services they may engage with.
Even so, RHB Bank hasn’t ever overlooked the need for Islamic banking facilities. In Malaysia, Syariah-compliant products are highly demanded. Therefore, products and services including wealth management, unit trust, Islamic treasury, and corporate banking are particularly created to ensure that all business transactions follow the Syariah requirement.
In A Word
In 2016, RHB Bank has observed a 24% annual brand value growth, that make them some of the 5 best players in Malaysia. Knowing the full potential of the forthcoming financial market, RHB Bank is prepared with more aggressive strategies in ensuring a constant increase of growth over the next few years.