RHB Bank: Much More Than Credit Cards and Loans
Thus far, RHB Bank is considered among the main players in the Malaysian finance and banking sector. Expecting to grow the horizon within the South East Asia region, the company has laid its foundation in countries such as Brunei, Hong Kong, Indonesia, Laos, and Singapore. In making certain that the corporation is scalable, RHB came out with a wide range of banking services to enterprises and individuals for personal and commercial needs.
Creating a savings account or even perhaps a current account has long been stapled yet underrated. In order to make sure that account holders may gain advantage the most from their savings, RHB Bank has offered a reasonably competitive interest rate in comparison to the other banking companies. Moreover, they also have improved the transaction facilities by adding more ATM and CDM machines in branches coupled with other designated locations as well as creating a web-based banking services platform, RHB Now for their customers.
RHB Bank has been monitoring the change of trend in terms of purchase from using cash too without cash and observed that it led to an even greater demand for credit cards. Based on the information and facts collected across the globe and nationwide, lots more people apparently prefer to make online purchases by using a credit card every day. Hence, RHB made a suitable move by making it very simple for potential customers to apply for credit cards online and take advantage of a low-interest rate.
Feeling the importance to close the gap between demand and supply, RHB Bank goes further and has begun offering credit card services with many benefits in comparison to the other banks, including cash back rewards for cardholders when they start to purchase more using a business credit card.
RHB is aware that individuals want more than just savings accounts and credit cards. When acquiring assets like homes and cars, the majority of people happen to be finding it hard to get their personal loan approved. Because of this, they have improvised their personal banking services that offer very low interest to get a variety of bank loan. Aside from that, unit trust, insurance, and personal financial investment could also be made with the Bank.
For businesses, RHB Bank offers a great banking solution. Application for business loans in addition to corporate and investment banking are amongst the many types of services provided. For interested partners, the can also sign up for the Bank’s asset management services.
There exists one special group of customers which might reap the most advantages of this: the small-medium enterprises. The products offered by RHB Bank can certainly make it possible for them to get more capital to develop their business by making a loan application. On the other hand, SMEs in the e-commerce industry may also sign up for RHB’s reliable retail solutions.
However, RHB Bank still keeps its interest in the highly-demanded Islamic banking facilities. This sort of product is especially demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is provided upon demand by either individuals or enterprises.
In 2016, RHB Bank has witnessed a 24% annual brand value growth, which makes them among the leading players in Malaysia. Knowing the full potential of the long term financial market, RHB Bank is ready with a lot of aggressive strategies in ensuring a consistent increase of growth across the next few years.