RHB Bank’s Financial Solutions: Credit Cards and Much More
RHB is today one of the largest banks with integrated financial services in Malaysia. While they plan to further broaden their market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam plus some other countries within the South East Asia region. With the knowledge that one of the most efficient ways to compete is simply by giving extra value to consumers, rhb bank has begun offering multiple banking facilities to both individuals and companies.
Individuals and corporations are free to create their savings and current account with RHB Bank suitably and benefit from reasonably competitive monthly interest rates as they transfer money into their accounts. When they intend to make any transactions online, they can easily make use of internet banking services, RHB Now. For conventional transactions, they’re able to access the ATM & CDM machines in addition to MEPS ATM conveniently for withdrawal.
RHB Bank has been monitoring the shift of trend with regard to purchasing from using cash to the cashless method and spotted that this resulted in an increased demand for credit cards. Based on the data collected globally and nationwide, a lot of people apparently prefer shopping on the web by using a credit card every day. Hence, RHB made the best move by making it easy for potential customers to apply for credit cards online and take advantage of a low-interest rate.
Feeling the importance to narrow the gap between demand and supply, RHB Bank goes the extra mile and also has begun offering credit card solutions with a wide range of benefits in contrast to other banks, such as cashback reward for cardholders as they start to buy more using a credit card.
Individuals will in many instances want more than credit cards and savings accounts, and RHB recognizes that well. Presently, many have struggled to get a loan to buy assets such as homes & cars. Hence, the Bank began to come up with a loan plan that benefits both parties with the lowest interest rate for various loan types. In addition to that, individuals can also subscribe to many types of insurance plans and make financial investments together with the Bank.
For business entities, RHB Bank can give an exclusive banking solution. Application for commercial loans and corporate and investment banking are amongst the various types of services available. For interested partners, the might also sign up for the Bank’s asset management services.
Small-medium enterprises are amongst those who’ll benefit from the most benefits. They are really welcomed to apply for loans should capital injection is essential when they scale their businesses. In addition, RHB Bank even offers retails solutions to the appropriate customers, particularly those in e-commerce business.
Despite this, the bank has not ever lost attention to Syariah-compliant financial instruments. This is actually largely due to great demand by the people in Malaysia. Understanding that, banking facilities that follow the minimum Syariah requirement which include Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are now being introduced.
In 2016, the Bank managed to expand the growth of its annual brand value by 24%, which automatically makes them the 4th fastest growing banking industry player in Malaysia. As they definitely anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing to set-up more generative campaigns in the coming years.