RHB Bank: Much More Loans & Credit Cards
At this point, RHB Bank is among the main players in the Malaysian finance and banking niche. Wanting to grow the horizon within SEA, they’ve laid their foundation in countries which include Brunei, Hong Kong, Indonesia, Laos, and Singapore. In guaranteeing that the business organization is scalable, RHB came out with lots of Islamic banking facilities to enterprises and individuals for personal and commercial needs.
Creating a savings account and a current account has become staple yet underrated. To make sure that account holders will benefit the most from their savings, RHB Bank has provided a competitive interest rate in comparison to other banking institutions. Besides, they’ve improved the transaction facilities by both adding more ATM and CDM machines in branches besides other designated locations and also creating a web-based banking services platform, RHB Now for their consumers.
The shift from the traditional purchasing method using cash to cashless methods has increased substantially the demand for credit cards. As revealed through the statistics from many studies conducted, the acceptance towards the e-payment method from the public is showing dramatic growth. Hence, credit cards are gaining popularity as cardholders can make online purchases effortlessly.
RHB Bank knows that it is vital to lower the gap between demand and supply. Thus, they’ve formulated an amazing credit card scheme that offers a value that includes cashback rewards that increase just as more transactions are made by cardholders over time.
Despite that, RHB Bank appreciates the reality that offering credit cards and savings accounts typically are not enough. Presently, acquiring assets that include cars and real estate will require most individuals to apply for a good loan scheme. Thus, RHB has reformulated its loan structure to give the lowest interest rate as is practicable for various types of loans. Plus, insurance services, unit trust, as well as a financial investment can also be made.
For businesses, RHB Bank offers a great banking solution. Application for commercial loans together with corporate and investment banking is one of the numbers of services available. For interested partners, the may also sign up for the Bank’s asset management services.
Small-medium enterprises are among those who are going to enjoy the most benefits. They are welcomed to get loans should capital injection is important when they scale their businesses. Plus, RHB Bank even provides retails solutions to the appropriate customers, particularly people in the e-commerce business.
Despite that, RHB Bank still keeps its attention on the highly-demanded Islamic banking facilities. This type of service is especially demanded in countries like Malaysia. So, they’ve offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is available upon demand by either individuals or organizations.
A substantial 24 annual brand value growth seems to have been observed by the Bank in 2016, which places them as amongst the leading domestic banking players. Seeing the future market growth potential, RHB Bank has equipped itself with more rigorous and efficient tactics for Islamic banking to further boost its value and market share in the longer term.