RHB Bank’s Multiple Banking Facilities
RHB is today among the largest bank with integrated financial services in Malaysia. Since they plan to further extend their market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam as well as other countries within the South East Asia region. Realising that perhaps the most effective way to compete is simply by giving extra value to the consumers, rhb group has begun offering multiple banking facilities to both individuals and organizations.
Offline and Online Banking
Possessing a savings account as well as a current account has been staple yet underrated. In order to make certain that account holders will benefit the most from their savings, RHB Bank has offered reasonably competitive interest rate in comparison with other institutions. Plus, they’ve already improved the transaction facilities by both adding more ATM and CDM machines in branches and various other designated locations and also creating an internet based banking services platform, RHB Now for their customers.
RHB Bank happens to be monitoring the trend shift in terms of purchase from using cash to without cash, and saw that this induced a higher demand for credit cards. Based on the information and facts collected worldwide and nationwide, many people seem to prefer buying online using credit card every day. Hence, RHB made the ideal move by making it simple and easy for consumers to apply credit card online and take advantage of a low interest rate.
Additionally, as RHB Bank sees the critical need to formulate a good sense of balance between demand and supply, they’ve developed a credit card scheme which gives extra reward to the card holders which could be enjoyed whilst they use it for either offline or online transactions.
Personal & Business Loans
Despite that, RHB Bank recognizes the simple fact that offering credit cards and savings accounts are not enough. Presently, acquiring assets such as cars and homes require the majority to apply for a good loan scheme. Thus, RHB has reformulated their loan structure with the intention to offer the lowest interest rate as is practicable for multiple types of loans. Plus, insurance services, unit trust, and financial investment can also be made.
Shifting the main target to corporate customers, RHB Bank is furthermore offering corporate banking solutions to entrepreneurs and organizations. These target customers are welcomed to get loans and even subscribe to the other products, which includes asset management and cash management services.
Small-medium enterprises are among those who is going to take advantage of the most benefits. They’re welcomed to apply for loans should capital injection ought to be required when they scale their businesses. In addition to that, RHB Bank even provides retails solutions to the appropriate customers, particularly people in e-commerce business.
Despite this, focus on the highly demanded Islamic Banking facilities has never been an oversight. RHB Bank recognizes that there’s a large quantity of requests from the public to create Syariah-compliant financial instruments. In response to that, they have lined up wealth management, corporate banking, Islamic treasury, unit trust, and various forms of other offerings that adhere to the Syariah guidelines to the public. Find out more about Islamic Banking at https://www.rhbgroup.com/products-and-services/business/islamic.
In A Word
In 2016, the Bank had been able to expand the growth of their annual brand value by 24%, which automatically makes them the 4th fastest growing banking industry player in Malaysia. Whilst they anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing to develop more successful campaigns down the road.