RHB Bank: More Than Just Credit Cards & Loans
RHB Bank’s Credit Card Online & Various Products and services
At this point, RHB Bank is considered among the main players in the Malaysian finance and Islamic banking industry. Looking to grow the horizon within the SEA region, the company has laid its foundation in countries that include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In guaranteeing that the corporation is scalable, RHB brought out several banking services to businesses and organizations and individuals for both personal and commercial needs.
Possibly the most staple form of services a financial institution offers is undoubtedly the cash deposit account and self-banking solutions. RHB attracts the public to create savings and current accounts by offering an above-average interest rate to be enjoyed by customers. For maximum ease to withdraw and deposit money into the account, customers can simply locate and use the nearby ATM & CDM machines deployed in branches and other locations easily.
The shift from the traditional purchasing method using cash to cashless methods has increased substantially the market demand for credit cards. As proven in the data from many types of research conducted, the acceptance towards the e-payment method by the public is showing dramatic growth. Hence, credit cards are gaining popularity as cardholders can make the online purchase very easily.
RHB Bank is aware that it is significant to reduce the visible difference between supply and demand. Subsequently, they have formulated a unique credit card plan that gives value such as cashback rewards that grow larger when more transactions are made by cardholders in the future.
In any event, the Bank realizes that banking goes beyond credit cards and savings accounts. Today, lots of people turn to loans to purchase assets, but getting loans approved is usually a painful process. So, RHB Bank had made a flexible scheme for individuals with minimal interest rates for many different kinds of loans. On top of that, personal financial investment, unit trust, and also insurance policies are also available.
Shifting the focus to corporate customers, RHB Bank is furthermore offering corporate banking solutions to entrepreneurs and organizations. These target customers are welcomed to obtain loans as well as sign up for the other offerings, including asset management and cash management services.
There does exist one special group of customers which will reap out the most advantages of this: the small-medium enterprises. The services provided by RHB Bank can certainly make it possible for them to get more capital to better develop their business by making application for the loan. On the other hand, SMEs within the e-commerce industry are also able to sign up for RHB’s effective retail solutions.
Notwithstanding, the bank never lost focus on Shariah-compliant financial instruments. This is largely due to the high demand for the common public in Malaysia. Knowing that banking facilities that adhere to the minimum Syariah requirement that include Islamic treasury, Islamic banking, unit trust, and wealth management services are being put forward.
RHB Bank has seen a 24% annual brand value increase in 2016 which automatically places them within the top 5 positions for banks in the nation. In anticipation of the upcoming market growth, the Bank has started strategizing a more proactive strategy to keep its growth rate steady for several years.