RHB Bank: Much More Than Just Credit Cards and Loans
As one speaks of RHB Group, we do know that they are now one of the top five banks in Malaysia. Knowing the potential of foreign markets with the South East Asia region, the company has expanded its horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and several other countries. Feeling the impulse to provide additional value, RHB Bank initiated a policy to offer many varieties of banking services such as duitnow to firms and individuals.
Having a savings account or else a current account has become staple yet underrated. To make sure that account holders will benefit the most from their savings, RHB Bank has offered a very competitive interest rate as compared with other banking companies. Moreover, they also have improved the banking facilities by both adding more ATM and CDM machines in branches in addition to other designated locations combined with creating an online banking services platform, RHB Now for their consumers.
Not only this, but RHB also adopts digital transformation and has observed that it contributed to a growing demand for credit cards. As research has shown more and more people are likely to shop and make online transactions 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 prospects to do a comparison of credit card interest rate before making any commitment.
Furthermore, as RHB Bank sees the urgent need to set up a good sense of balance between supply and demand, they now have developed a credit card scheme that gives more advantages to the cardholders which could be enjoyed as they simply use it for either offline or online transactions.
Despite that, RHB Bank is aware of the undeniable fact that promoting credit cards and savings accounts commonly are not enough. Presently, acquiring assets like cars and homes would require many individuals to acquire a decent loan scheme. Thus, RHB has reformulated its loan structure so that they can give the lowest interest rate possible for a variety of kinds of loans. Plus, insurance services, unit trust, and also the financial investment can also be made.
For companies, RHB Bank is providing exclusive banking solutions. Application for commercial loans and even corporate and investment banking are some of the many types of services available. For interested partners, the can even sign up for the Bank’s asset management services.
There certainly is one special class of customers that would reap out the most benefits from this: the SMEs. The services provided by RHB Bank will help make it possible for them to get more capital to expand their business by making loan applications. Alternatively, SMEs in the e-commerce industry could also subscribe to RHB’s dependable retail solutions.
Nonetheless, RHB Bank has never overlooked the need for Islamic banking facilities. In Malaysia, Syariah-compliant products or services are highly demanded. Therefore, products and services including wealth management, unit trust, Islamic treasury, and corporate banking are specially developed to assure that all business transactions follow the Syariah requirement.
In 2016, the Bank managed to expand the growth of its annual brand value by 24%, which automatically makes them the fourth fastest-growing banking industry player in Malaysia. As they anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing to set-up more impactful duitnow campaigns in the foreseeable future.