RHB Bank: More Than Just Loans and Credit Cards
RHB Bank today is one of the most popular integrated financial services group in Malaysia. With a vision to further expand its share of the market in the SEA region, they’ve already to date ventured into 10 countries which comprise of Brunei, Laos, Myanmar, Vietnam, and Singapore, amongst others. To make expansion achievable, a number of solutions are offered to the public to provide for both the personal and business needs.
Individuals and organizations are free to open their savings and current account with RHB Bank conveniently and acquire very competitive monthly interest as they put in money to their accounts. When they wish to make any transactions online, they’ll be able to easily make use of internet banking services, RHB Now. For offline transactions, they’re able to access the ATM & CDM machines and also any MEPS ATM very easily for withdrawal.
RHB Bank has been monitoring the shift of trend with regard to purchasing from using cash to cashless methods and discovered that it triggered a higher demand for credit cards. Based on the information collected worldwide and nationwide, many people apparently prefer buying online using a credit card every day. Hence, RHB made the ideal move by making it very simple for consumers to apply for a credit card online and take advantage of a low-interest rate.
Here is where unique offering comes into the picture, as an assortment of advantages are made available to RHB Bank credit card subscribers, like cashback reward and numerous other value-added rewards that offer higher return given that the cardholder spends more money.
RHB understands that individuals want more than savings accounts and credit cards. When buying assets such as homes & cars, the majority of people have actually been finding it hard to get their bank loan approved. For that reason, they have improvised their personal financing services that give nominal interest for the variety of lending products. Moreover, unit trust, insurance, and personal financial investment may well also be made with the Bank.
For entrepreneurs and corporate organizations, they’re able to connect with RHB Bank for corporate banking facilities. Businesses may submit an application for business loans if they’re interested, and then they can also engage in other kinds of corporate banking facilities. As some businesses requested, RHB Bank also offers online cash management services.
Small-medium enterprises really can benefit from a lot of services offered by RHB Bank, particularly when it involves taking loans to elevate cash flow and further expand the business. RHB Group, in addition, has begun innovating by offering retail solutions to consumers that needs it, which includes e-commerce players.
Despite that, RHB Bank still keeps its focus on the highly-demanded Islamic banking facilities. Such types of services are especially demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is made available upon demand by either individuals or businesses.
A substantial 24 annual brand value growth happens to have been observed by the Bank in 2016, which places them as among the 5 best domestic banking players. Seeing the future market growth potential, RHB Bank has equipped itself with more rigorous and efficient tactics to further grow its value and market share in the long term.