RHB Bank: More Than Loans & Credit Cards
RHB is today among the list of largest bank with integrated financial services in Malaysia. Given that they plan to further grow their market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam and a few other countries within the SEA region. Bearing that in mind perhaps the most efficient way to compete is simply by giving extra value to the customers, the Bank has begun offering multiple banking facilities to both individuals and companies.
Creating a savings account and a current account happens to be staple yet underrated. In order to ensure account holders may gain advantage the most from their savings, RHB Bank has offered highly competitive interest rate compared to other banking institutions. Additionally, they’ve already improved the transaction amenities by both adding more ATM and CDM machines in branches together with other designated locations and creating an internet-based banking services platform, RHB Now for their consumers.
As the Bank sees the trend shift from the old purchasing method with cash to online purchasing, they understood that there’s also an elevating demand for credit cards. Depending on the results from surveys conducted that represents the public’s increasing acceptance towards online purchase, it is indisputable that offering credit card solutions is amongst the main approach RHB Bank ought to be pushing forward-and they did precisely that.
RHB Bank knows that it is very important to minimize the gap between demand and supply. Hence, they have formulated an amazing credit card plan which offers value such as cashback rewards that multiplies as more transactions are increasingly being made by card holders over time.
For business entities, RHB Bank can give a great banking solutions. Application for commercial loans and corporate and investment banking are among the many types of services offered. For interested partners, the may also sign up for the Bank’s asset management services.
There is always one special category of customers that may reap the most advantages of this: the SMEs. The products provided by RHB Bank could make it possible for these business owners to gain more capital to better develop their business through making application for the loan. Meanwhile, SMEs in the e-commerce industry can likewise subscribe to RHB’s effective retail solutions.
Notwithstanding, the bank has not lost focus on Syariah-compliant financial instruments. This is actually principally as a consequence of great demand by the people in Malaysia. Having said that, banking facilities that follow the minimum Syariah requirement which include Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are increasingly being put forward.
RHB Bank has witnessed a 24% annual brand value increase in 2016 which automatically places them within the top 5 position for banks in the nation. In anticipation to the upcoming market growth, the Bank has begun strategizing an increasingly proactive approach to keep their growth rate steady for years to come.