RHB Bank: Much More Than Just Loans & Credit Cards
RHB Bank happens to be one of the most comprehensive integrated financial services group in Malaysia. With a vision to further grow its business in the SEA region, they’ve already thus far ventured into 10 countries which comprise of Brunei, Laos, Myanmar, Vietnam, and Singapore, amongst others. To help make business expansion just as possible, a variety of service are offered to consumers to serve both personal and business needs.
Individuals and businesses have the freedom to create their savings and current account with RHB Bank conveniently and take pleasure in a reasonably competitive interest rates as they put in money into their accounts. Whenever they intend to make any transactions online, they can easily use internet banking services, RHB Now. For conventional transactions, they’re able to access the ATM & CDM machines and also any MEPS ATM quite easily for withdrawal.
As the Bank witnesses the change of trend from the good old purchasing method with cash to an online purchase, they noticed that there is an elevating demand for credit cards. Counting on the results from studies conducted that indicates the public’s increasing worldwide recognition towards online payment, it really is undisputed that offering credit card services is amongst the main approach RHB Bank really needs to be pushing forward-and they did precisely that.
Feeling the need to narrow the gap between supply and demand, RHB Bank goes further and also has begun offering credit card solutions with an array of benefits compared to the other banks, such as cashback rewards for cardholders when they purchase more using a credit card.
Nonetheless, the Bank realizes that banking is more than just about credit cards and savings account. These days, most individuals turn to loans to buy asset, yet getting a loan approval is definitely a frustrating process. So, RHB Bank had created a flexible plan for everyone with minimal interest rate for numerous different types of loans. In addition, personal financial investment, unit trust, as well as insurance plans are also made available.
For business people and organizational entities, RHB Bank is providing corporate banking facilities. They’re now able to engage with the Bank either for investment banking or perhaps to make business loan. If the customers are interested, they even can sign up for RHB Bank’s online cash management services.
There certainly is one special group of customers that might reap the most benefits from this: the SMEs. The services made available by RHB Bank will help make it possible for them to gain more capital to develop their business through making loan application. Meanwhile, SMEs in the e-commerce industry are also able to subscribe to RHB’s reliable retail solutions.
Despite, the bank has never lost attention on Syariah-compliant financial instruments. That is mostly because of great demand by the the general public in Malaysia. That being said, banking facilities that adhere to the minimum Syariah requirement such as Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are now being introduced.
A tremendous 24 annual brand value growth have already been seen by the Bank in 2016, which places them as among the top 5 domestic banking players. Seeing the future market growth potential, RHB Bank has equipped themselves with more rigorous and efficient tactics to further grow its value and market share in the long term.