RHB Bank: More Than Just Loans & Credit Cards
RHB Bank currently is one of the most popular integrated financial services group in Malaysia. Having the vision to further increase its business in the SEA region, they have already currently ventured into 10 countries which comprise of Brunei, Laos, Myanmar, Vietnam, and Singapore, as well as others. In order to make dominion achievable, a wide range of solutions have actually been provided to people to cater to both the personal and business needs.
The creation of savings or current accounts by individuals and firms is certainly a necessity. To bring in smart consumers, the Bank has offered a viable interest rate customers can take advantage of merely by depositing money into their respective accounts. As they provide traditional transaction facilities through ATM and CDM, the Bank had also launched RHB Now, their online banking facilities to promote efficiency.
RHB Bank understands that more people makes purchases online in comparison with using cash nowadays. With regard to the data collected, it is learned that more web users would prefer to purchase by making use of credit cards. Therefore, the Bank makes it a high priority to serve the potential consumers better by giving credit card services with superb rewards. Intelligent customers who compare credit cards mindfully would know that RHB’s interest rate is one of the lowest.
RHB Bank is aware that it is crucial to minimize the visible difference between demand and supply. That is why the company has formulated an interesting credit card plan that gives value such as cashback rewards that grow when more transactions are being made by cardholders gradually.
Individuals will, in general, require more than credit cards and savings accounts, and RHB understands that well. Today, many have struggled to obtain a loan to acquire assets which include homes & cars. Hence, the Bank began to bring about a loan plan that benefits all sides with the lowest interest rate for multiple loan types. In addition, individuals may also subscribe to many kinds of insurance plan and make financial investments together with the Bank.
Shifting the target to corporate customers, RHB Bank is, in addition, offering corporate banking solutions to entrepreneurs and organizations. These target customers are welcomed to obtain loans and also sign up for the other offerings, which include asset management and cash management services.
Small-medium enterprises can certainly leverage the wide selection of services made available by RHB Bank, particularly when it comes to taking loans to increase cash flow and further develop the business. RHB Group also has begun innovating by providing retail solutions to those who need it, for example, e-commerce players.
Nevertheless, RHB Bank hasn’t overlooked the need for Islamic banking facilities. In Malaysia, Syariah-compliant products are highly demanded. Therefore, products or service including wealth management, unit trust, Islamic treasury, and corporate banking are particularly formulated to guarantee that all business transactions follow the Syariah requirement.
The Bank’s annual brand value grew at the rate of 24% in 2016, and all this shows that they are in the top 5 leagues in Malaysia. For the exact purpose to continue to keep the comparable growth rate across the years to come, RHB Bank will undoubtedly be deploying a much more aggressive campaigns and tactics for the consumers.