RHB Bank: Not Just About Loans & Credit Cards
So far, RHB Bank is considered the main player in the Malaysian finance and banking niche. Trying to grow the horizon within the SEA region, they have laid their foundation in countries which include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In making certain that the corporation is scalable, RHB came out with a variety of banking services to business organizations and individuals for personal and commercial needs.
Setting up savings or current accounts by individuals and firms is always essential. To draw in smart consumers, RHB has offered a highly competitive interest rate customers will enjoy merely by depositing money in their account. As they provide traditional transaction facilities through ATM and CDM, the Bank had also launched RHB Now, their internet banking services to improve efficiency.
The shift from the traditional purchasing method using cash to cashless methods has also increased the market demand for credit cards. As proven in the reports from many analyses conducted, the acceptance towards the e-payment method from the public is showing rapid growth. Hence, credit cards are gaining popularity as cardholders could possibly make online purchases effortlessly.
RHB Bank understands that it is essential to minimize the visible difference between demand and supply. For this reason, they have formulated an appealing credit card plan that offers value that includes cashback rewards that increase as more transactions are being made by cardholders over time.
Nevertheless, the Bank recognizes that banking surpasses credit cards and savings accounts. At present, the general public relies upon loans to purchase assets, nevertheless getting loans approved generally is a painful process. So, RHB Bank had made a flexible plan for everyone with minimal interest rates for quite a few different kinds of loans. Besides, personal financial investment, unit trust, as well as insurance policies are also offered.
For business entities, RHB Bank is offering an exclusive banking solution. Application for commercial loans along with corporate and investment banking is one of the various types of services offered. For interested partners, the can also sign up for the Bank’s asset management services.
Small-medium enterprises are one of those who’ll enjoy the most benefits. They’re welcomed to apply for loans should capital injection becomes necessary as they scale their businesses. Additionally, RHB Bank even provides retails solutions to the appropriate customers, particularly people in the e-commerce business.
Nonetheless, RHB Bank still keeps its attention on the highly-demanded Islamic banking facilities. This form of the product is especially demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is available upon demand by either individuals or organizations.
RHB Bank has seen a 24% annual brand value growth in 2016 which automatically places them within the top 5 positions for banks in the country. In anticipation of the upcoming market growth, the Bank has started strategizing an increasingly proactive approach to keep its growth rate steady for many years.