RHB Bank: More Than Just Credit Cards & Loans
So far, RHB Bank is among the main competitors in Malaysian finance and banking segment. Trying to grow the horizon within South East Asia, they’ve laid their foundation in countries such as Brunei, Hong Kong, Indonesia, Laos, and Singapore. In ensuring that the company is scalable, RHB introduced a number of banking services to businesses and individuals for personal and commercial needs.
Creation of current or savings account by individuals and organizations is certainly a necessity. In order to attract smart consumers, RHB has offered a reasonable interest rate account holders can take advantage of by merely depositing money into their accounts. As they definitely provide traditional transaction facilties through ATM and CDM, the Bank had also launched RHB Now, their internet banking facilities in promoting efficiency.
As the Bank sees the shift of trend from the good old purchasing method by cash to online purchasing, they noticed there’s also an escalating demand from customers for credit cards. Counting on information from surveys conducted that indicates the public’s increasing acceptance towards online purchases, it truly is indisputable that offering credit card service is considered among the main approach RHB Bank should really be pushing forward-and they did exactly that.
Knowing there’s also an urgent need to close the gap between demand and supply, the Bank took yet another step of progress to offer value-added credit card plan that gives cashback and lots of other benefits the account holder can also enjoy as they use it to make purchases.
RHB recognizes that individuals want more than just savings accounts and credit cards. When buying assets which includes homes & cars, many people are finding it hard to get their personal loan approved. Hence, RHB Group reformulated their personal financing services that provides very low interest to get a broad range of loan product. In addition to that, unit trust, insurance, and personal financial investment can also be made with the Bank.
For business entities, RHB Bank is offering a distinctive banking solutions. Application for business loans and even corporate and investment banking are one of the many types of services offered. For interested partners, the can also subscribe to the Bank’s asset management services.
Small-medium enterprises can benefit from the plenty of services offered by RHB Bank, in particular when it involves taking loans to help increase cashflow and further expand the business. RHB also has begin innovating by offering retail solutions to consumers that needs it, for instance e-commerce players.
Nonetheless, the need for Islamic banking facilities has not been overlooked, particularly when there’s popular demand for Syariah-compliant products and services within the Malaysian market. That’s why, the Bank ensures that products which adhere to the Syariah requirement, for example Islamic wealth management services, Islamic treasury, corporate banking, and unit trust are offered.
A significant 24 annual brand value growth have most certainly been seen by the Bank in 2016, which places them as one of the 5 top domestic banking players. Seeing the future market growth potential, RHB Bank has equipped themselves with a more rigorous and efficient tactics to further boost their value and share of the market in the near future.