RHB Bank: Much More Than Just Loans and Credit Cards
Up to now, RHB Bank is considered the main competitor in the Malaysian finance and banking industry. Progressing to grow the horizon within South East Asia, they’ve laid their foundation in countries which include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In ensuring that the organization is scalable, RHB introduced a whole range of banking services to enterprises and individuals for personal and commercial needs.
Among the most common yet elemental services provided to individuals are deposit account and self-banking services. With competitive interest rate and accessibility of ATM & CDM in the bank branches in addition to strategic locations across Malaysia, account holders can also enjoy maximum savings return while at the same time connect to their bank account for deposit and withdrawal very easily anytime.
The shift from the traditional purchasing method using cash to cashless methods has increased substantially the demand from customers for credit cards. As revealed in the statistics from many studies conducted, the acceptance towards the e-payment method from the public is showing dramatic growth. Hence, credit cards are gaining interest as cardholders can certainly make an online purchase without any difficulty.
Feeling the importance to close the gap between supply and demand, RHB Bank goes further and has begun offering credit card facilities with numerous benefits in contrast to other banks, such as cashback rewards for cardholders as they buy more using a credit card.
RHB Bank is knowledgeable of the reality that setting up a savings account and credit card is insufficient to meet up with one’s own financial needs. It’s always clear that commonly, individuals need to acquire personal loans with the bank to buy high-valued assets, like houses and vehicles. For this reason, RHB has offered a low-interest rate for several varieties of loans. Customers who want to go the one step further can even subscribe to insurance plan and acquire unit trusts from RHB.
For companies, RHB Bank can give a distinctive banking solution. Application for commercial loans in addition to corporate and investment banking is one of the number of services provided. For interested partners, the could also sign up for the Bank’s asset management services.
Small-medium enterprises are among those who are going to benefit from the most benefits. They are really welcomed to obtain loans should capital injection is called for while they scale their businesses. In addition, RHB Bank even offers retails solutions to the relevant customers, specifically those in e-commerce business loan.
However, RHB Bank still keeps its attention on the highly-demanded Islamic banking facilities. This form of service is especially demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is offered upon demand by either individuals or companies.
In 2016, RHB Bank has witnessed a 24% annual brand value growth, which make them amongst the five top players in Malaysia. Knowing the full potential of the future financial market, RHB Bank is ready with a lot more aggressive strategies in ensuring a constant increase in growth over the years to come.