RHB Bank Prepared to Take on the Local and Foreign Financial Markets
RHB is today said to be the largest bank with integrated financial services in Malaysia. Given that they plan to further grow their market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam plus some other countries within the SEA region. Bearing that in mind one of the most effective ways to compete is actually by giving extra value to the customers, the rhb group has begun offering multiple banking facilities to both individuals and firms.
Possessing a savings account or even a current account has been stapled yet underrated. In order to make sure account holders may benefit the most from their savings, RHB Bank has provided a competitive interest rate in contrast with other institutions. Plus, the company has improved the transaction facilities by both adding more ATM and CDM machines in branches in addition to other designated locations and also creating an internet-based banking services platform, RHB Now for their customers.
RHB Bank sees that more people makes purchases online as compared with using cash nowadays. With regard to the data collected, it is observed that more web users choose to buy things through the use of credit cards. For this reason, the Bank causes it to be important to serve the customers better by providing credit card services with marvelous rewards. Intelligent customers who compare credit cards incredibly carefully will know that RHB’s interest rate is one of the lowest.
This is when unique offering comes into the picture, as various sorts of advantages are provided to RHB Bank credit card holders, including cashback reward and many other value-added rewards that offers maximum return when the cardholder spends more money.
In any event, the Bank realizes that banking is more than credit cards and savings accounts. In the present day, most of us depend upon loans to buy the asset, yet getting a loan approval could be a time-consuming process. So, RHB Bank had developed a flexible scheme for the general public with a minimum interest rates for quite a few different varieties of loans. On top of that, personal financial investment, unit trust, and insurance services are also available.
For enterprises and entrepreneurs, corporate banking facilities are also offered. They’re now able to take a business loans or maybe even connect with RHB for corporate & investment banking. Desiring to be certain that their services are the best, RHB additionally offered online cash management and asset management services.
Small-medium enterprises are among those who are able to take advantage of the most benefits. They are really welcomed to get loans should capital injection is needed when they scale their businesses. In addition, RHB Bank even provides retails solutions to the relevant customers, in particular, those in e-commerce business.
Nonetheless, the need for Islamic banking facilities has not been overlooked, especially when there is popular demand for Syariah-compliant products or services in the Malaysian market. Hence, the Bank makes certain that products that follow the Syariah requirement, including Islamic wealth management services, Islamic treasury, corporate banking, as well as unit trust are made available.
A substantial 24 annual brand value growth happens to have been observed by the Bank in 2016, which places them as among the leading domestic banking players. Seeing the forthcoming market growth potential, RHB Bank has equipped itself with more rigorous and effective tactics to further grow its value and market share in the long term.