HomeBusinessRHB Bank’s Banking Solutions: Credit Card & Many more
October 30, 2019
RHB Bank’s Banking Solutions: Credit Card & Many more
RHB Bank: Not Just About Loans and Credit Cards
Up to now, RHB Bank is considered among the main players in the Malaysian finance and banking industry. Intending to grow the horizon within South East Asia, they’ve already laid their foundation in countries that include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In making certain that the corporation is scalable, RHB brought out a multitude of banking services to firms and individuals for personal and commercial needs.
Having a savings account as well as a current account appears to have been stapled yet underrated. In order to make sure that account holders may gain advantage the most from their savings, RHB Bank has provided a competitive interest rate as compared with other institutions. Additionally, they have already improved the transaction facilities by both adding more ATM and CDM machines in branches as well as other designated locations as well as creating a web-based banking services platform, RHB Now for their consumers.
Besides that, RHB also adopts digital transformation and has now observed that it led to growing market demand for credit cards. As studies have shown that more and more people tend to shop and perform online transactions nowadays, RHB Bank also has made it practical for customers to apply for credit cards online. The Bank is at ease with their offering that they even urge potential consumers to study credit cards interest rate prior to making any commitment.
Knowing there is an urgent need to minimize the gap between demand and supply, the Bank took yet another step of progress to offer a value-added credit card scheme that gives cashback and numerous other benefits the account holder can enjoy as they use it to make purchases.
Despite that, RHB Bank appreciates the fact that offering credit cards and savings accounts commonly are not enough. Presently, acquiring assets just like cars and property require a lot of people to apply for a good loan scheme. Thus, RHB has reformulated its loan structure as a way to give the lowest interest rate as is practicable for a good number of types of loans. Plus, insurance services, unit trust, and financial investment may also be made.
For enterprisers and organizational entities, RHB Bank is providing corporate banking facilities. They may engage with the Bank either for investment banking or perhaps to make business loans. In the event the customers are interested, they may even subscribe to RHB Bank’s online cash management services.
Small-medium enterprises are among those who are able to take advantage of the most benefits. They’re welcomed to apply for loans should capital injection is essential as they scale their businesses. Furthermore, RHB Bank even offers retails solutions to the appropriate customers, particularly people in the e-commerce business.
Notwithstanding this, focus on the highly demanded Islamic banking facilities has not been an oversight. RHB Bank sees that there’s a large quantity of requests from the consumers to develop Syariah-compliant financial instruments. As a result of that, they’ve set up wealth management, corporate banking, Islamic treasury, unit trust, and different kinds of other products that follows the Syariah guideline to the public.
The Bank’s annual brand value grew at the rate of 24% in 2016, and so this makes certain that they’re now in the top 5 leagues in Malaysia. For the exact purpose to sustain a similar growth rate across the years to come, RHB Bank is without question deploying significantly more aggressive campaigns and tactics for the consumers.