RHB Bank’s Products and Services: Credit Cards & More
To this point, RHB Bank is amongst the main competitors in the Malaysian finance and banking sector. Progressing to grow the horizon within the South East Asia region, they’ve laid their foundation in countries which include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In guaranteeing that the organization is scalable, RHB introduced an assortment of banking facilities to organizations and individuals for personal and commercial needs.
Individuals and enterprises are free to create their savings and current account with RHB Bank suitably and benefit from very competitive interest rates as they put in money in their accounts. When they wish to make any transactions online, they even can easily make use of online banking services, RHB Now. For conventional transactions, they may access the ATM & CDM machines and also MEPS ATM conveniently for withdrawal.
As the Bank sees the trend shift from the old purchasing method by cash to online purchasing, they observed that there is an escalating demand for credit cards. Reliant on information from studies conducted that indicates the public’s increasing worldwide recognition towards e-payment, it truly is undeniable that offering credit card services is among the main strategy RHB Bank should really be pushing forward-and they did just that.
RHB Bank recognizes that it is essential to minimize the gap between demand and supply. Because of this, the company has formulated a remarkable credit card plan that provides value that includes cashback rewards that increase as more transactions are made by cardholders consistently over time.
Individuals will most of the time demand more than credit cards and savings accounts, and RHB knows that well. At present, many have struggled to obtain a loan to acquire assets that include homes & cars. So, the Bank began to create a personal loan scheme that benefits either side with the lowest interest rate for a wide range of loan types. Moreover, individuals may also subscribe to various kinds of insurance policies and make financial investments with the Bank.
For companies and entrepreneurs, corporate banking facilities are additionally made available. They’re able to take a business loan or maybe even connect with RHB for corporate & investment banking. Looking to make certain that their products and services are the very best, RHB also has offered online cash management and asset management services.
These facilities are especially ideal for small-medium enterprises, as lots of different kinds of services including loans can be made to inject capital in their businesses. For e-commerce businesses, retails solutions would definitely be the most innovative and beneficial services they may subscribe to.
Nonetheless, RHB Bank still keeps its focus on the highly-demanded Islamic banking facilities. These kinds of services are especially demanded in countries like Malaysia. So, they’ve offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is provided upon demand by either individuals or businesses.
The Bank’s annual brand value grew at the rate of 24% in 2016, and so this shows that they are in the top five leagues in Malaysia. For the exact purpose of always maintain the similar rate of growth over the next several years, RHB Bank is going to be deploying more aggressive campaigns and tactics for the consumers.