RHB Bank: Not Just About Loans & Credit Cards
RHB Bank happens to be one of the premier integrated financial services group in Malaysia. With a vision to further maximise its share of the market in the SEA region, they already have to date ventured into ten countries which cover Brunei, Laos, Myanmar, Vietnam, and Singapore, amongst others. To be able to make expansion just as possible, a wide variety of products have been offered to customers to cater the savings account to both the business and personal needs.
Possessing a savings account or even perhaps a current account has been stapled yet underrated. To make sure that account holders could benefit the most from their savings, RHB Bank has offered competitive interest rate in comparison to the other banking institutions. Also, they’ve improved the banking facilities by both adding more ATM and CDM machines in branches along with other designated locations combined with creating a web-based banking services platform, RHB Now for their customers.
Not only this, but RHB also adopts digital transformation and has seen that it brought about a growing demand for credit cards. As research has revealed, more people often shop and perform the transaction online nowadays; RHB Bank has made it practical for customers to apply for credit cards online. The Bank is at ease with their offering that they even urge potential customers to study credit cards interest rate before making any commitment.
Feeling the need to close the gap between demand and supply, RHB Bank goes the extra mile, and they have begun offering credit card facilities with numerous benefits in contrast to other banks, that include cashback reward for cardholders. At the same time, they purchase more using a credit card.
RHB realizes that individuals demand more than just savings accounts and credit cards. When buying assets which include cars and homes, lots of individuals seem to have been having difficulties in getting their loan approved. And so, RHB reformulated their financing services which provide nominal interest for a variety of loan. Additionally, unit trust, insurance, and personal financial investment are made with the Bank.
For companies, RHB Bank is providing great banking solutions. Application for commercial loans as well as corporate and investment banking are amongst the many types of services made available. For interested partners, they can also sign up for the Bank’s asset management services.
It is clear that SMEs are among the customers that would possibly enjoy the most advantage, in particular when it is now possible for them to make an application to obtain a loan should extra revenue is necessary to scale the business. Additionally, retails solutions also are available to SMEs who may need it.
However, RHB Bank still keeps its focus on the highly-demanded Islamic banking facilities. Such type of services 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 companies.
The Bank has seen a significant 24 annual brand value growth in 2016, which places them as amongst the leading domestic banking players. Seeing the future market growth potential, RHB Bank has equipped themselves with more rigorous and effective tactics for a savings account to further boost its value and share of the market in the longer term.