RHB Bank: More Than Just Credit Cards & Loans

Speaking of of RHB, we know that they’re now amongst the 5 best banks in Malaysia. Comprehending the potential of foreign markets with South East Asia, they also have expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and many other countries. Feeling the necessity to provide additional value, RHB Bank initiated a policy to provide many different types of banking services to firms and individuals, including credit card and loan schemes.

 

Personal Banking

Individuals and organisations are free to start up their savings and current account with RHB Bank conveniently and acquire highly competitive interest rate as they put in money into their bank account. When they need to make any transactions online, they can easily use the internet banking services, RHB Now. For conventional transactions, they could access the ATM & CDM machines as well as MEPS ATM conveniently for withdrawal.

Credit Card

The shift from traditional purchasing method using cash to cashless method has increased substantially the demand for credit card. As verified through the data from many studies conducted, the acceptance towards e-payment method by the public is showing dramatical growth. Hence, credit cards are gaining interest as card holders could possibly make purchases online without difficulty.

Additionally, as the Bank sees the immediate need to produce a good symmetry between demand and supply, they’ve launched a credit card scheme which provides special benefit to the card holders which could be enjoyed as they simply use it for either offline or online transactions.

Loan Schemes

However, the Bank realises that consumer banking goes past credit cards and savings account. Today, many people depend on loans to purchase assets, however getting a loan approval can be quite a challenging process. So, RHB Bank had made a flexible scheme for the general public with minimal interest rate for a lot of different kinds of loans. Aside from that, personal financial investment, unit trust, as well as insurance services are also available.

 

Credit Card

Corporate Banking Facilities

For business people and organizational entities, RHB Bank is providing corporate banking facilities. They’re now able to engage with the Bank either for investment banking or perhaps to make a business loan. Whenever the consumers are interested, they even can subscribe to RHB Bank’s online cash management services.

SMEs

It is apparent that SMEs are one of the customers which could possibly enjoy maximum advantage, in particular when it is now possible for them to make application to obtain loan should extra revenue is necessary to scale the business. Additionally, retails solutions are also available to SMEs who may need it.

Islamic Banking

Despite that, RHB Bank still keeps their attention on the highly-demanded Islamic banking faciltities. This type of services are especially demanded in countries like Malaysia. So, they’ve offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is provided upon demand by either individuals or organizations.

 

The Bank’s annual brand value grew at the rate of 24% in 2016, and all this signifies that they’re now in the top 5 league in Malaysia. With the aim to build and maintain the similar growth rate over the next several years, RHB Bank will be deploying a much more aggresive campaigns and tactics for the customers.