As we speak of RHB Group, we know that they are now amongst the 5 best banks in Malaysia. Comprehending the potential of foreign markets with SEA, they’ve expanded their horizons and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and several other countries. Feeling the necessity to provide extra value, RHB Bank initiated a policy to offer many different types of financial services to businesses and individuals.
Online & Offline Banking
Creation of savings or current account by individuals and enterprises is invariably a necessity. To bring in smart consumers, RHB Bank has offered a highly competitive interest rate account holders can enjoy just by depositing money in their account. As they simply provide traditional transaction facilities through ATM and CDM, the Bank had also launched RHB Now, their online banking services in promoting efficiency.
RHB Bank has been monitoring the trend change in terms of purchase from using cash to without cash and spotted that it triggered an increased demand for credit cards. Based on the information and facts collected across the globe and nationwide, lots more people appear to prefer shopping online by using a credit card every day. Hence, RHB made a suitable move by making it very easy for consumers to apply for credit
RHB Bank understands that it is necessary to lower the visible difference between supply and demand. As a result, they have formulated an amazing credit card plan that offers value that includes cash back rewards that get larger just as more transactions are made by cardholders consistently over time.
Individuals will commonly require more than credit cards and saving accounts, and RHB recognizes that well. Presently, many have struggled to obtain a loan to buy assets which include homes & cars. For that reason, the Bank proceeded to set-up a financial loan plan that benefits each party at the lowest interest rate for numerous loan types. In addition, individuals might also subscribe to many types of insurance coverage and make a financial investments together with the Bank.
For businessmen and organizational entities, RHB Bank is providing corporate banking facilities. They could engage with the Bank either for investment banking or even to make a business loan. Generally, if the customers are interested, they may even sign up for RHB Bank’s online cash management services.
Small-medium enterprises are one of those who will enjoy the most benefits. They are really welcomed to obtain loans should capital injection is important while they scale their businesses. Not only that, RHB Bank even offers retails solutions to the relevant customers, particularly those in the e-commerce business.
Notwithstanding this, attention on the highly demanded Islamic banking facilities has not been an oversight. RHB Bank is aware that there are a large number of requests from the public to create Syariah-compliant financial instruments. As a result of that, they’ve already set up wealth management, corporate banking, Islamic treasury, unit trust, and various types of other products and services that adhere to the Syariah guideline for the public.
In A Word
A substantial 24 annual brand value growth happens to have been observed by the Bank in 2016, which places them as amongst the five top domestic banking players. Seeing the long term market growth potential, RHB Bank has equipped itself with more rigorous and efficient tactics to further grow its value and share of the market in the long term.