RHB Bank Prepared to Rule the Local Financial Industry

October 13, 2019

RHB Bank’s Credit Card Online & Related Banking solutions

Up to date, RHB Bank is considered the main player in the Malaysian finance and banking sector. Seeking to grow the horizon within the SEA region, they’ve already laid their foundation in countries such as Brunei, Hong Kong, Indonesia, Laos, and Singapore. In guaranteeing that the business organization is scalable, RHB brought out lots of banking facilities to businesses and organizations and individuals for personal and commercial needs.

Setting up current or savings account by individuals and organizations would be indispensable. In order to attract smart consumers, RHB has offered a reasonable interest rate account holders will enjoy simply by depositing money in their account. Whilst they provide traditional transaction facilities through ATM and CDM, the Bank had also launched RHB Now, their internet banking services to boost efficiency.

Besides that, RHB also adopts digital transformation and it has observed that it triggered a growing demand for credit cards. As research has shown more people often shop and make online transaction nowadays, RHB Bank, in addition, has made it possible for customers to apply for a credit card online. The Bank is more comfortable with its offering that they even urge consumers to study credit card interest rates before making any commitment.

Additionally, as RHB Group sees the urgent need to produce a good sense of balance between demand and supply, they also have launched a credit card scheme that provides a special reward to the cardholders which could be enjoyed as they quite simply use it for either offline or online transactions.

Regardless, the Bank is aware that consumer banking is more than credit cards and savings accounts. In the present day, almost all people depend on loans to buy an asset, nevertheless getting loans approved are usually a very difficult process. So, RHB Bank had developed a flexible scheme for individuals with a minimum interest rate for numerous different types of loans. Aside from that, personal financial investment, unit trust, as well as insurance plans are also being offered.

For entrepreneurs and corporations, they’ll be able to connect with RHB Bank for corporate banking facilities. Businesses may make an application for commercial loans if they’re interested, and then they can even engage in some other type of corporate banking facilities. As some businesses requested, RHB Bank offers online cash management services.


It is evident that SMEs are one of the customers who will possibly enjoy a maximum advantage, especially when it is possible for them to make loan applications should extra revenue is required to scale the business. Additionally, retails solutions are additionally available to SMEs who would need it.

Notwithstanding, the bank has not lost focus on Syariah-compliant financial instruments. This really is largely as a consequence of increased demand by the people in Malaysia. That being said, banking facilities that adhere to the minimum Syariah requirement which include Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are being put forward.

In 2016, the Bank was able to expand the growth of its annual brand value by 24%, which automatically makes them the 4th fastest growing banking industry player in Malaysia. As they quite simply anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing to create more generative campaigns in the coming years.