RHB Bank All Geared Up to Take control of the National Financial Markets
RHB is today among the largest bank with integrated financial services in Malaysia. Since they plan to further spread its market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam as well as other countries in the Southeast Asia region. With the knowledge that one of the most effective ways to compete is by giving extra value to the customers, rhb has begun offering multiple banking facilities such as a fixed deposit to both individuals and companies.
Possessing a savings account or even perhaps a current account has been stapled yet underrated. To make sure account holders may benefit the most from their savings, RHB Bank has provided a more competitive interest rate as opposed to the other banks. Besides, the company has improved the transaction facilities by both adding more ATM and CDM machines in branches and other designated locations and creating an online banking services platform, RHB Now for their customers.
As the Bank sees the shift of trend from the good old purchasing method with cash to an online purchase, they understood that there’s also an increasing market demand for credit cards. Counting on the data from an analysis conducted that signifies the public’s increasing acceptance towards the online purchase, it is undeniable that offering credit card service is among the main approach RHB Bank really should be pushing forward-and they did precisely that.
This is when unique offering comes into the picture, as multiple advantages are provided to RHB Bank credit cardholders, such as cashback reward and many other value-added rewards which offers higher return given that the cardholder use the card more frequently.
RHB Bank is familiar with the simple fact that owning a savings account and credit card is insufficient to meet one’s own financial needs. It is very clear that typically, people need to acquire personal loans with the bank to purchase high-valued assets, which include houses and vehicles. Because of this, RHB has provided a low-interest rate for numerous variations of loans. Customers who wish to go the extra mile could also subscribe to the insurance policy and buy unit trusts from the Bank.
For entrepreneurs and corporate organizations, there’re able to engage with RHB Bank for corporate banking facilities. Businesses may request for business loans should they be interested, plus they might also engage in other sorts of corporate banking facilities. As some businesses requested, RHB Bank even offers online cash management services.
These types of services are especially helpful for small-medium enterprises, as lots of types of services including loans can be made to gain more capital in their businesses. For e-commerce business proprietors, retails solutions would be essentially the most innovative and beneficial services they’re able to engage with.
Nonetheless, the demand for Islamic banking facilities hasn’t ever been overlooked, especially when there is a popular demand for Shariah-compliant products or services in the Malaysian market. That is why, the Bank makes certain that solutions that adhere to the Shariah requirement, which include Islamic wealth management services, Islamic treasury, corporate banking, and even unit trust are made available.
A tremendous 24 annual brand value growth appears to have been observed by the Bank in 2016, which places them as one of the leading domestic banking players. Seeing the long term market growth potential, RHB Bank has equipped itself with more rigorous and efficient tactics such as a fixed deposit to further grow its value and share of the market in the long run.