RHB Bank Getting ready to Take on the Local Financial Markets
To this point, RHB Bank is amongst the leading players in the Malaysian finance and banking segment. Progressing to grow the horizon within South East Asia, the company has laid its foundation in countries which include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In making sure that the corporation is scalable, RHB came out with lots of banking facilities to businesses and organizations and individuals for personal and commercial needs. Apply for debit card online now!
Mainly the most staple types of services a financial institution can offer have always been the savings account and self-banking facilities. RHB attracts the general public to create savings in addition to the current account by giving a higher than average interest rate to be enjoyed by customers. For the highest level of convenience to withdraw and deposit money into the account, members may quickly locate and use the nearby CDM & ATMs deployed in branches in addition to other locations easily.
The shift from traditional purchasing method using cash to cashless process has also increased the demand from customers for credit cards. As confirmed through the statistics from many types of research conducted, the acceptance towards e-payment method by the public is showing dramatical growth. Hence, credit cards are rising in popularity as cardholders can undoubtedly make purchases online with ease.
Furthermore, as RHB Bank sees the immediate need to come up with a good sense of balance between demand and supply, they’ve developed a credit card scheme which gives more reward to the cardholders that will be enjoyed as they utilize it for either offline or online transactions.
Despite that, RHB Bank realizes the reality that providing credit cards and savings accounts aren’t enough. Presently, acquiring assets like cars and property would require most of us to apply for a decent loan scheme. Thus, RHB has reformulated its loan structure so that they can offer the lowest interest rate possible for different types of loans. Plus, insurance services, unit trust, and financial investment can also be made.
For entrepreneurs and enterprises, they can connect with RHB Bank for corporate banking facilities. Businesses may request for commercial loans if they’re interested, and then they could also engage in some other sort of corporate banking facilities. As some companies required, RHB Bank also provides online cash management services.
These types of services are especially useful for SMEs, as lots of different kinds of facilities including loans can be made to inject capital in their businesses. For e-commerce business owners, retails solutions is the most innovative and beneficial services they’re now able to subscribe.
However, RHB Bank has not overlooked the demand for Islamic banking facilities. In Malaysia, Syariah-compliant products are highly demanded. Therefore, products or services such as wealth management, unit trust, Islamic treasury, and corporate banking are mainly developed to make sure that all business transactions follow the Syariah requirement.
In 2016, the Bank had been able to enhance the growth of their annual brand value by 24%, which automatically causes them to be the 4th fastest growing banking industry player in Malaysia. As they definitely anticipate the upcoming year’s financial market potential, RHB Bank has started strategizing to develop more generative campaigns in the coming years. Apply for debit card online now!