RHB Bank’s Financial Services: Credit Card & A whole lot more
At this point, RHB Bank is considered among the leading players in the Malaysian finance and banking sector. Desiring to grow the horizon within SEA, they have laid their foundation in countries which includes Brunei, Hong Kong, Indonesia, Laos, and Singapore. In guaranteeing that the business is scalable, RHB brought out lots of banking facilities like a better current account to business organizations and individuals for personal and commercial needs.
Essentially the most common yet essential services on the market to individuals is deposit account and self-banking services. With a competitive rate of interest and availability of CDM and ATM in the branches and various other strategic locations all over Malaysia, account holders can take advantage of maximum savings return. At the same time, connect to their accounts for cash deposit and withdrawal easily anytime.
RHB Bank has been monitoring the change of trend in terms of purchase from using cash to without cash, and have seen that this induced a higher demand for credit cards. According to the data collected worldwide and nationwide, more and more people appear to prefer shopping online by using a credit card every day. Hence, RHB made the suitable move by making it easy for consumers to apply for a credit card online and have the benefit of a low-interest rate.
RHB Bank recognizes that it’s fundamental to reduce the gap between supply and demand. Hence, they’ve formulated an exciting credit card plan that provides value which includes cashback rewards that grow larger as more transactions are being made by cardholders consistently over time.
Yet, the Bank appreciates that consumer banking is more than just about credit cards and savings. In recent times, the majority of people extensively use loans to make asset purchases, yet getting loans approved could be a frustrating process. So, RHB Bank had developed a flexible program for the public with a minimal interest rate for many different kinds of loans. Besides, personal financial investment, unit trust, and insurance policies are also offered.
For entrepreneurs and corporations, they’re able to connect with RHB Bank for corporate banking facilities. Businesses may apply for commercial loans if they are interested, and then they could also engage in other types of corporate banking facilities. As some companies requested, RHB Bank also provides online cash management services.
Small-medium enterprises are among those who’s going to benefit from the most benefits. They are really welcomed to get loans should capital injection becomes necessary while they scale their businesses. In addition to that, RHB Bank even offers retails solutions to the appropriate customers, especially those in e-commerce business.
Despite that, RHB Bank still keeps its focal point on the highly-demanded Islamic banking facilities. Such type of product is mainly demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is provided upon demand by either individuals or businesses.
In 2016, the Bank was able to expand the growth of its annual brand value by 24%, which automatically causes them to be the fourth fastest-growing banking industry player in Malaysia. While they anticipate the upcoming year’s financial market potential, RHB Bank has started strategising on current account to design more generative campaigns down the road.