Speaking of RHB Bank, we do know that they are now among the list of top five banks in Malaysia. Comprehending the potential of foreign markets with South East Asia, they also have expanded their
Offline & Online Banking
Individuals and businesses have the freedom to create their savings and current account with RHB Bank conveniently and benefit from competitive interest rate as they transfer money into their accounts. Whenever they intend to make any transactions online, they are able easily use the online banking services, RHB Now. For offline transactions, they’re able to access the ATM & CDM machines in addition to MEPS ATM quickly for withdrawal.
As the Bank witnesses the trend shift from the traditional purchasing method using cash to online purchases, they realized that there’s an escalating demand for credit cards. Relying on information from research studies conducted that implies the public’s increasing worldwide recognition towards online payment, it truly is undisputed that offering credit card solutions is among the main approach RHB Bank should really be pushing forward-and they did precisely that.
Credit Card
Feeling the importance to narrow the gap between supply and demand, RHB Bank goes further and has begun offering credit card solutions with a variety of benefits in contrast to other banks, which include cashback reward for card holders as they purchase more using credit card.
Despite that, RHB Bank recognizes the fact that offering credit cards and savings accounts are usually not enough. Presently, acquiring assets which includes cars and homes will require almost all people to apply for a decent loan scheme. Thus, RHB has reformulated their loan structure in an effort to provide the lowest interest rate possible for lots of types of loans. Plus, insurance services, unit trust, along with financial investment may also be made.
Business Banking
Shifting the attention to corporate customers, RHB Bank is also offering corporate banking solutions to entrepreneurs and organizations. These target customers are welcomed to get loans as well as register for the other products and services, for example asset management and cash management services.
There does exist one special class of customers which would reap the most advantages from this: the small-medium enterprises. The services provided by RHB Bank might most likely make it possible for these business owners to gain more capital to develop their business through making application for the loan. Alternately, SMEs in the e-commerce industry are also able to subscribe to RHB’s dependable retail solutions.
Islamic Banking
Despite this, focus on the highly demanded Islamic banking facilities hasn’t ever been an oversight. RHB Bank understands that there’s a large quantity of request from the customers to introduce Syariah-compliant financial instruments. In response to that, they have set up wealth management, corporate banking, Islamic treasury, unit trust, and various kinds of other solutions that follows the Syariah guideline to the public.
Conclusion
RHB Bank has witnessed a 24% annual brand value growth in 2016 which automatically places them in the top 5