RHB Bank’s Financial Solutions: Credit Cards & More
RHB is today among the largest bank with integrated financial services in Malaysia. As they plan to further expand its market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam as well as some other countries within South East Asia. Understanding that one of the most productive ways to compete is by giving extra value to the consumers, rhb bank has begun offering multiple Islamic banking facilities to both individuals and small businesses.
One of the most staple types of services a financial institution provides always has been the cover account and self-banking services. RHB Group attracts the general public to set-up savings together with the current account by offering higher than average interest rates to be enjoyed by customers. For maximum ease to withdraw and deposit money into the account, customers could locate and use the nearby CDM and ATM machines deployed in branches along with other locations easily.
RHB Bank has been monitoring the trend shift in terms of purchase from using cash too without cash and saw that it triggered even greater demand for credit cards. Based on the information and facts collected globally and nationwide, lots more people apparently prefer shopping online by using a credit card every day. Hence, RHB made the precise move by making it very simple for potential consumers to apply for a credit card online and take advantage of a low-interest rate.
RHB Bank recognizes that it’s fundamental to reduce the visible difference between supply and demand. Because of this, they have formulated a unique credit card plan that provides value such as cashback rewards that grow when more transactions are increasingly being made by cardholders gradually.
Despite that, RHB Bank appreciates the simple fact that offering credit cards and savings accounts are certainly not enough. Presently, acquiring assets just like cars and homes will require lots of people to apply for a decent loan scheme. Thus, RHB has reformulated its loan structure with the intention to provide the lowest interest rate as is practicable for multiple kinds of loans. Plus, insurance services, unit trust, and even financial investment can also be made.
Shifting the target to corporate customers, RHB Bank is furthermore offering corporate banking solutions to entrepreneurs and organizations. These target prospects are welcomed to obtain loans and even register for the other products, such as asset management and cash management services.
It is clear that small-medium enterprises are some of the customers who could possibly enjoy a maximum advantage, particularly when it is now possible for them to make applications should extra revenue is necessary to scale the business. Additionally, retails solutions also are offered to SMEs who would need it.
Despite this, focus on the highly demanded Islamic banking facilities hasn’t ever been an oversight. RHB Bank witnesses that there is a lot of requests from the customers to develop Syariah-compliant financial instruments. As a result of that, they’ve already set up wealth management, corporate banking, Islamic treasury, unit trust, and numerous kinds of other products and services that adhere to the Syariah guideline for the public.
In 2016, the Bank managed to expand the growth of its annual brand value by 24%, which automatically makes them the 4th fastest growing banking industry player in Malaysia. Whilst they anticipate the upcoming year’s financial market potential, RHB Bank has started strategizing to set-up more generative campaigns in the foreseeable future.
For more info, visit https://www.rhbgroup.com/overview/islamic/index.html.