RHB Bank: More Than Loans and Credit Cards
RHB Bank today is one of the most comprehensive integrated financial services group in Malaysia. Along with the vision to further maximize its business in the South East Asia region, they’ve already so far ventured into 10 countries which comprise of Brunei, Laos, Myanmar, Vietnam, and Singapore, to name a few. To make expansion achievable, a wide array of offerings continues to be provided to consumers to serve both the personal and business needs.
Individuals and companies are free to open their savings and current account with RHB Bank conveniently and benefit from a very competitive interest rate as they put in money into their accounts. Whenever they need to make any transactions online, they’re now able to easily use the online banking services, RHB Now. For offline transactions, they’re able to access the ATM & CDM machines as well as any MEPS ATM effortlessly for withdrawal.
RHB Bank has been monitoring the shift of trend in terms of purchase from using cash to the cashless method and observed that it induced an even greater interest in credit cards. Based on the information and facts collected across the globe and nationwide, a lot of people seem to prefer to make online purchases using credit cards every day. Hence, RHB made the ideal move by making it simple and easy for consumers to apply for a credit card online and enjoy a low-interest rate.
In addition, as RHB Group sees the immediate need to create a good balance between supply and demand, the company has created a credit card plan which offers additional benefit to the cardholders that could be enjoyed whilst they use it for either offline or online transactions.
RHB knows that individuals want more than just savings accounts and credit cards. When purchasing assets that include homes and cars, a lot of people tend to be struggling to get their personal loans approved. Subsequently, RHB improvised their personal banking facilities which offer minimal interest for a broad range of loan products. In addition, unit trust, property insurance, and personal financial investment may well also be made with the Bank.
For companies, RHB Bank can give a unique banking solution. Application for business loans in addition to corporate and investment banking are some of the various kinds of services offered. For interested partners, the might also sign up for the Bank’s asset management services.
There is one special class of customers that would reap the most advantages from this: the small-medium enterprises. The services made available by RHB Bank can certainly make it possible for them to get more capital to grow their business by making a loan application. On the other hand, SMEs within the e-commerce industry could also subscribe to RHB’s trusted retail solutions.
Notwithstanding, the bank has never lost focus on Syariah-compliant financial instruments. This really is mostly because of the high demand by the general public in Malaysia. Keeping that in mind, banking facilities that adhere to the minimum Syariah requirement such as Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are being introduced.
RHB Bank has witnessed a 24% annual brand value growth in 2016 which automatically places them within the top 5 positions for banks in the local market. In anticipation of the upcoming market growth, the Bank has started strategizing an increasingly proactive strategy to keep their growth rate steady for several years.