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 and some other countries in the SEA. Understanding quite possibly the most efficient way to compete is actually by giving extra value to the customers, the Bank has started offering multiple banking facilities to both individuals and businesses.
Offline & Online Banking Solutions From RHB
Possessing a savings account or even perhaps a current account happens to be stapled yet underrated. In order to ensure that account holders could benefit the most from their savings, RHB Bank has provided a more competitive interest rate in comparison to other banks. Moreover, they also have improved the transaction facilities by both adding more ATM and CDM machines in branches coupled with other designated locations combined with creating an internet banking services platform, RHB Now for their customers.
Credit Card Offers
RHB Bank recognizes that more people make purchases online in comparison with using cash nowadays. As per the data collected, it is discovered that more web users would prefer to purchase using credit cards. For that reason, the Bank causes it to become essential to serve the customers better by giving credit card facilities with outstanding rewards. Knowledgeable customers who compare credit cards incredibly carefully will know that RHB’s interest rate is among the lowest.
RHB Bank recognizes that it’s very important to lower the visible difference between supply and demand. Therefore, they’ve formulated an interesting credit card plan which gives a value which includes cashback rewards that grow when more transactions are made by cardholders progressively.
RHB Bank is well aware of the idea that setting up a savings account and credit card is insufficient to fulfill an individual’s financial needs. It happens to be clear that commonly, individuals need to apply for a personal loan bank with the bank to obtain high-valued assets, like real estate and automobiles. As a consequence, RHB has made available a low-interest rate for several different kinds of loans. Customers who want to go the one step further may also subscribe for insurance packages and purchase unit trusts from RHB Bank.
For businesses and entrepreneurs, corporate banking facilities are additionally offered. They may take a business loan or just engage with RHB for corporate & investment banking. Seeking to be certain that their services are the very best, RHB has additionally offered online cash management and asset management services.
These facilities are especially beneficial for SMEs, as numerous varieties of services including loans can be made to inject capital for their businesses. For e-commerce enterprises, retails solutions is definitely essentially the most innovative and beneficial services they can subscribe.
Islamic Banking Solutions
Notwithstanding, the bank has not lost focus on Syariah-compliant financial instruments. This is often primarily due to increased demand by the public in Malaysia. With that in mind, banking facilities that adhere to the minimum Syariah requirement which includes Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are increasingly being introduced.
In 2016, RHB Bank experienced a 24% annual brand value growth, causing them to be amongst the top five players in Malaysia. Knowing the full potential of the future financial market, RHB Bank is ready with a lot of aggressive strategies in ensuring a consistent increase of growth throughout the next several years.