RHB Bank’s Services and Products: Credit Cards & More
Presently, RHB Bank is among one of the forerunners of the financial sector in Malaysia. Having the foundations laid down in Ten countries within South East Asia including Cambodia, Laos, Myanmar, Vietnam, and Thailand; the Bank is confident of growing faster by providing banking facilities for commercial car insurance which will help both businesses and individuals based upon their individual needs. RHB Bank views this as a method to serve their customers better.
Most likely, the most staple types of services a financial institution offers have long been the cover account and self-banking facilities. RHB attracts customers to create savings as well as a current report by giving above-average interest rate to be enjoyed by members. For maximum ease in withdrawing and depositing money into the account, members could locate and use the nearby CDM and ATMs deployed in branches in addition to other locations easily.
Also, RHB embraces digital transformation and has seen that it induced an escalating demand for credit cards. As studies have shown that more people are inclined to shop and perform online transaction nowadays, RHB Bank has made it entirely possible for consumers to apply for credit cards online. The Bank is at ease with their offering that they even urge potential customers to review credit cards interest rate before making any commitment.
RHB Bank is aware that it is essential to reduce the visible difference between supply and demand. Therefore, the company has formulated a unique credit card plan that gives a value which includes cashback rewards that increases as more transactions are made by cardholders consistently over time.
Despite that, RHB Bank appreciates the fact that promoting credit cards and savings accounts typically are not enough. Presently, acquiring assets like cars and homes would require many people to apply for a good loan scheme. Thus, RHB has reformulated its loan structure to provide the lowest interest rate possible for lots of types of loans. Plus, insurance services, unit trust, along with financial investment, can also be made.
Shifting the main focus to corporate customers, RHB Bank is, besides, offering corporate banking solutions to entrepreneurs and organizations. These target consumers are welcomed to apply for loans as well as subscribe to the other offerings, which include asset management and cash management services.
Small-medium enterprises are some of those who’ll benefit from the most benefits. They are welcomed to obtain loans should capital injection is needed while they scale their businesses. Aside from that, RHB Bank even offers retails solutions to the appropriate customers, particularly those in e-commerce business.
Nonetheless, the need for Islamic banking facilities has not been overlooked, especially when there is high demand for Shariah-compliant services in the Malaysian market. That’s why, the Bank ensures that solutions that observe the Shariah requirement, for example, Islamic wealth management services, Islamic treasury, corporate banking, and also unit trust are made available.
The Bank’s annual brand value grew at the rate of 24% in 2016, and so this makes certain that they are now in the top 5 leagues in Malaysia. For the exact purpose to sustain the similar growth rate across the next few years, RHB Bank is without question deploying more aggressive campaigns for commercial car insurance and tactics for the customers.