RHB Bank: Much More Than Just Loans and Credit Cards
Presently, RHB Bank is among the forerunners of the financial sector in Malaysia. With the foundations laid down in 10 countries within the SEA regions such as Cambodia, Laos, Myanmar, Vietnam, and Thailand; RHB Group is confident to progress faster by providing banking facilities that could help both individuals and businesses in accordance with their respective needs. RHB Bank views this as the best way to serve consumers better.
Essentially the most staple type of services a financial institution can offer invariably is the cash deposit account and self-banking services. RHB attracts consumers to create savings along with the current accounts by providing a higher than average interest rates to be enjoyed by members. For maximum convenience to withdraw and deposit money into the account, members could locate and use the nearby CDM & ATM machines deployed in branches together with other locations easily.
As the Bank witnesses the trend shift from the good old purchasing method using cash to online purchases, they observed that there’s also an escalating demand from customers for credit cards. Depending on the data from the analysis conducted that denotes the public’s increasing acceptance towards an online purchase, it truly is proven that offering credit card service is considered among the main strategy RHB Bank should really be pushing forward-and they did just that.
Furthermore, as RHB Bank sees the immediate need to formulate a good sense of balance between supply and demand, they also have launched a credit card plan that gives special advantage to the cardholders that will be enjoyed as they simply utilize it for either offline or online transactions.
RHB Bank is familiar with the reality that having a savings account and credit card is insufficient to meet up with a person’s financial needs. It truly is very clear that normally, individuals need to acquire personal loans with the bank to own high-value assets, which include homes and vehicles. Thus, RHB has made available a low-interest rate for several different kinds of loans. Customers who want to go the one step further may also subscribe to insurance plans and acquire unit trusts from RHB Bank.
For businessmen and organizational entities, RHB Bank offers corporate banking facilities. They are able to engage with the Bank either for investment banking or perhaps to make a business loan. Should the customers are interested, they even can subscribe to RHB Bank’s online cash management services.
Small-medium enterprises are amongst those who are going to benefit from the most benefits. They’re welcomed to obtain loans should capital injection is important when they scale their businesses. Not just that, RHB Bank even provides retails solutions to the relevant customers, especially those in e-commerce business.
Despite this, the bank has not lost focus on Syariah-compliant financial instruments. That is large because of the great demand of the general public in Malaysia. Bearing that in mind, banking facilities that follow the minimum Syariah requirement such as Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are being put forward.
The Bank’s annual brand value grew at the rate of 24% in 2016, which indicates that they’re in the top five leagues in Malaysia. For the exact purpose to continue to keep the comparable rate of growth over the years to come, RHB Bank shall be deploying significantly more aggressive campaigns and tactics for the consumers.