RHB Bank Preparing to Reign over the Foreign and Local Financial Industry
RHB Bank is right now one of the greatest integrated financial services group in Malaysia. With the vision to further increase its market share within the South East Asia region, the company has so far ventured into 10 countries that cover Brunei, Laos, Myanmar, Vietnam, and Singapore, and more. In order to make growth possible, a wide array of products and services are generally offered to the public to address both personal and business needs.
Among the most common yet elemental services offered to individuals are deposit account and self-banking services. With competitive interest rate and accessibility of ATM & CDM in the branches along with other strategic locations across Malaysia, customers can take advantage of maximum savings return while at the same time have access to their account for deposit and withdrawal quite easily anytime.
Not just that, RHB also embraces digital transformation and has seen that it lead to escalating demand from customers for credit cards. As research has shown more people usually tend to shop and make transaction online nowadays, RHB Bank, in addition, has made it practical for consumers to apply for a credit card online. The Bank is confident with its offering that they even urge prospects to do a comparison of credit card interest rates before making any commitment.
Feeling the need to narrow the gap between demand and supply, RHB Bank goes the extra mile and has begun offering credit card solutions with many benefits in contrast to other banks, which includes cash back rewards for cardholders as they buy more using a credit card.
RHB Bank is familiar with the fact that owning a savings account and credit card is insufficient to satisfy an individual’s financial needs. It’s clear that typically, people need to apply for personal loans with the bank to obtain high-valued assets, like properties and automobiles. Subsequently, RHB has made available low-interest rates for a lot of varieties of loans. Customers who want to go the extra mile could also subscribe to insurance coverage and purchase unit trusts from RHB.
For companies, RHB Bank is offering a unique banking solution. Application for business loans together with corporate and investment banking are amongst the various kinds of services available. For interested partners, the might also subscribe to the Bank’s asset management services.
SMEs can definitely take advantage of the plenty of services provided by RHB Bank, especially when it involves taking loans to elevate cash flow and further buildup the business. The Bank has also begun innovating by offering retail solutions to consumers that need it, which include e-commerce players.
Notwithstanding, the bank has never lost attention to Syariah-compliant financial instruments, Islamic Banking. This is often largely as a consequence of great demand by the people in Malaysia. That being said, banking facilities that adhere to the minimum Syariah requirement which includes Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are being put forward.
A huge 24 annual brand value growth has been seen by the Bank in 2016, which places them as among the 5 top domestic banking players. Seeing the future market growth potential, RHB Bank has equipped itself with more rigorous and efficient tactics to further grow its value and market share in the near future.