RHB Bank All geared up to Take control of the Local and Foreign Financial Industry
Up to date, RHB Bank is among the leading players in the Malaysian finance and banking industry. Wanting to grow the horizon within the SEA region, they have laid their foundation in countries which includes Brunei, Hong Kong, Indonesia, Laos, and Singapore. In making sure that the business organisation is scalable, RHB introduced a wide range of banking facilities such as commercial vehicle insurance to business organisations and individuals for both personal and commercial needs.
Having a savings account or even perhaps a current account has been stapled yet underrated. To make sure that account holders may benefit the most from their savings, RHB Bank has provided a more competitive interest rate in comparison with other institutions. Plus, they also have improved the transaction facilities by both adding more ATM and CDM machines in branches besides other designated locations and also creating a web-based banking services platform, RHB Now for their customers.
RHB Bank happens to be monitoring the trend shift in terms of purchase from using cash to the cashless method and witnessed that this contributed to a greater interest in credit cards. According to the information and facts collected across the globe and nationwide, a lot of people seem to prefer to make online purchases using a credit card every day. Hence, RHB made the right move by making it convenient for customers to apply for a credit card online and have the benefit of a low-interest rate.
This is when unique offering comes into the picture, as numerous advantages are provided to RHB Bank credit card subscribers, which includes cashback reward and many other value-added rewards which offers maximum return when the cardholder spend more money.
Individuals will often demand more than credit cards and saving accounts, and RHB understands that well. At present, many have struggled to get a loan to purchase assets like homes & cars. Thus, the Bank started to create a financial loan scheme that benefits both parties with the lowest interest rate for numerous loan types. Additionally, individuals might also subscribe to various types of insurance policy and make financial investment together with the Bank.
For entrepreneurs and organisational entities, RHB Bank is providing corporate banking facilities. They’re now able to engage with the Bank either for investment banking or even to make a business loan. Generally, if the consumers are interested, they may also sign up for RHB Bank’s online cash management services.
Small-medium enterprises are amongst those who are going to enjoy the most benefits. They are welcomed to apply for loans should capital injection is called for while they scale their businesses. In addition to that, RHB Bank even offers retails solutions to the appropriate customers, particularly those in e-commerce business.
Nonetheless, the demand for Islamic banking facilities hasn’t ever been overlooked, mainly when there’s a high demand for Shariah-compliant product or service within the Malaysian market. That’s why, the Bank makes sure that products which adhere to the Shariah requirement, for example, Islamic wealth management services, Islamic treasury, corporate banking, and unit trust are offered.
A vast 24 annual brand value growth happen to have been seen by the Bank in 2016, which places them as among the top five domestic banking players. Seeing the future market growth potential, RHB Bank has equipped themselves with more rigorous and efficient tactics for commercial vehicle insurance to grow further its value and market share in the time to come.