RHB Bank: A Lot More Than Credit Cards & Loans
RHB is today said to be the largest bank with integrated financial services in Malaysia. As they plan to further broaden their market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam and some other countries in the SEA. Realizing that among the most productive way to compete is simply by giving extra value to the customers, rhb bank has begun offering multiple banking facilities to both individuals and corporations.
By far the most staple sort of services a Bank can offer has always been the deposit account and self-banking facilities. RHB Group attracts the general public to set-up savings and current account by giving higher than average interest rate to be enjoyed by account holders. For maximum ease to withdraw and deposit money into the account, account holders may easily locate and use the nearby CDM and ATM machines deployed in branches and also other locations easily.
The shift from standard purchasing method using cash to cashless methodhas also increased the market demand for credit cards. As validated through the reports from many researches conducted, the acceptance towards e-payment method from the public is showing dramatical growth. Hence, credit cards are becoming popular as card holders could possibly make online purchase easily.
RHB Bank recognizes that it’s important to minimize the gap between supply and demand. For this reason, they also have formulated an interesting credit card plan that provides value that include cashback rewards that gets larger when more transactions are made by card holders consistently over time.
RHB Bank is knowledgeable of the simple fact that setting up a savings account and credit card is inadequate to meet one’s own financial needs. It happens to be evident that commonly, people need to acquire loans with the bank to buy high-valued assets, which include properties and vehicles. Because of this, RHB has offered low interest rate for quite a few varieties of loans. Customers who wish to go the one step further could also subscribe for insurance plans and purchase unit trusts from RHB Group.
Shifting the main focus to corporate customers, RHB Bank is furthermore offering corporate banking solutions to entrepreneurs and organizations. These target customers are welcomed to obtain loans as well as register for the other services, for instance asset management and cash management services.
Small-medium enterprises are among those who is able to enjoy the most benefits. They are welcomed to obtain loans should capital injection ought to be required while they scale their businesses. Plus, RHB Bank even offers retails solutions to the relevant customers, particularly people in e-commerce business.
However, RHB Bank still keeps their focal point on the highly-demanded Islamic banking faciltities. These kinds 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 offered upon demand by either individuals or companies.
The Bank’s annual brand value grew at the rate of 24% in 2016, and all this makes certain that they’re now in the top 5 league in Malaysia. With the aim to maintain the similar growth rate over the next few years, RHB Bank will be deploying a far more aggresive campaigns and tactics for the consumers.