RHB Bank: Much More Than Just Loans and Credit Cards
Presently, RHB Bank is among the pioneers of the financial sector in Malaysia. With the foundations set in 10 countries within South East Asia which include Cambodia, Laos, Myanmar, Vietnam, and Thailand; the Bank is confident to expand faster by providing banking facilities such as current account which will help both businesses and individuals based upon their particular needs. RHB Bank views this as a way to serve consumers better.
The most staple sort of services a financial institution can provide is the cover account and self-banking solutions. RHB Rank attracts consumers to set-up savings as well as a current report by giving above-average interest rate to be enjoyed by customers. For the most ease to withdraw and deposit money into the account, members can quickly locate and use the nearby CDM and ATMs deployed in branches as well as other locations easily.
As the Bank sees the shift of trend from the good old purchasing method using cash to an online purchase, they observed that there’s also an increasing demand from customers for credit cards. Counting on information from studies conducted that denotes the public’s increasing worldwide recognition towards online payment, it’s undisputed that offering credit card service is regarded as the main approach RHB Bank need to be pushing forward-and they did precisely that.
What is more, as RHB Bank sees the urgent need to produce a good sense of balance between supply and demand, they now have developed a credit card scheme which provides an additional benefit to the cardholders which really can be enjoyed once they utilise it for either offline or online transactions.
Yet, the Bank appreciates that consumer banking goes past credit cards and savings. Presently, many people turn to loans to buy an asset; nonetheless getting loan approval is usually an arduous process. So, RHB Bank had made a flexible program for the public with a minimum interest rate for lots of different kinds of loans. In addition to that, personal financial investment, unit trust, and also insurance policies are also made available.
For business entities, RHB Bank can give an excellent banking solution. Application for commercial loans and corporate and investment banking is one of the various types of services provided. For interested partners, they can likewise subscribe to the Bank’s asset management services.
There certainly is one particular group of customers that would reap the most advantages of this: the small-medium enterprises. The products offered by RHB Bank is likely to make it possible for these business owners to gain more capital to grow their business by creating a loan application. On the other hand, SMEs in the e-commerce industry might also sign up for RHB’s effective retail solutions.
However, RHB Bank still keeps its interest in the highly-demanded Islamic banking facilities. These types of services are mainly 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 enterprises.
The Bank’s annual brand value grew at the rate of 24% in 2016, and so this signifies that they are now in the top five leagues in Malaysia. For the exact purpose to always maintain the comparable rate of growth over the next several years, RHB Bank will undoubtedly be deploying significantly more aggressive campaigns and tactics for a current account for the consumers.