RHB Bank: More Than Credit Cards & Loans
RHB Bank is right now one of the largest integrated financial services group in Malaysia. Along with the vision to further maximize 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, as well as others. To make expansion just as possible, a wide array of products and services continues to be provided to the public to cater to both the business and personal needs.
By far the most staple type of services a Bank offers is without question the deposit account and self-banking facilities. RHB Rank attracts customers to set-up savings in addition to the current account by providing a higher than average interest rates to be enjoyed by customers. For the highest level of convenience to withdraw and deposit money into the account, account holders can simply locate and use the nearby CDM and ATM machines deployed in branches in addition to other locations easily.
RHB Bank happens to be monitoring the change of trend in terms of purchase from using cash to the cashless method and noticed that this induced an increased demand for credit cards. Based on the information collected worldwide and nationwide, lots more people apparently prefer to make online purchases by using a credit card every day. Hence, RHB made the right move by making it very simple for potential consumers to apply for credit cards online and enjoy a low-interest rate.
RHB Bank understands that it’s important to minimize the visible difference between demand and supply. Thus, the company has formulated an amazing credit card scheme that offers value that includes cashback rewards that multiply as more transactions are increasingly being made by cardholders progressively.
Nonetheless, the Bank realizes that consumer banking surpasses credit cards and savings accounts. Currently, the general public relies on loans to buy an asset, nonetheless getting a loan approval could be a very difficult process. So, RHB Bank had made a flexible program for individuals with minimum interest rates for lots of different types of loans. In addition to that, personal financial investment, unit trust, and also insurance policies are also available.
For businesses, RHB Bank offers incomparable banking solutions. Application for commercial loans together with corporate and investment banking are some of the various types of services offered. For interested partners, the might also subscribe to the Bank’s asset management services.
Small-medium enterprises are one of those who are going to enjoy the most benefits. They’re welcomed to obtain loans should capital injection becomes necessary while they scale their businesses. In addition to that, RHB Bank even provides retails solutions to relevant customers, particularly people in the e-commerce business.
Nonetheless, the need for Islamic banking facilities hasn’t ever been overlooked, specifically when there’s a high demand for Syariah-compliant products or services within the Malaysian market. That is why, the Bank ensures that products that abide by the Syariah requirement, for instance, Islamic wealth management services, Islamic treasury, corporate banking, and even unit trust are made available.
In 2016, the Bank was able to boost the growth of its annual brand value by 24%, which automatically makes them the fourth fastest-growing banking industry player in Malaysia. While they anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing to design more generative campaigns down the road.