RHB Bank to inflate Financial growth Within SEA Market
So far, RHB Bank is amongst the main competitors in the Malaysian finance and banking niche. Expecting to grow the horizon within the South East Asia region, they’ve already laid their foundation in countries such as Brunei, Hong Kong, Indonesia, Laos, and Singapore. In guaranteeing that the corporation is scalable, RHB came out with several banking facilities such as credit card Malaysia to companies and individuals for personal and commercial needs.
Having a savings account or even current account has long been staple yet underrated. To make sure that account holders could benefit the most from their savings, RHB Bank has offered a more competitive interest rate as opposed to the other banking companies. Plus, they have improved the transaction facilities by both adding more ATM and CDM machines in branches as well as other designated locations as well as creating a web-based banking services platform, RHB Now for their customers.
As the Bank sees the change of trend from the traditional purchasing method with cash to online purchasing, they found that there’s also an increasing demand for credit cards. Depending on the outcome from research studies conducted that suggests the public’s increasing acceptance towards e-payment, it is undisputed that offering credit card solutions has become the main approach RHB Bank should be pushing forward-and they did exactly that.
RHB Bank knows that it’s very important to minimize the visible difference between supply and demand. Therefore, they also have formulated a remarkable credit card scheme which gives value that includes cashback rewards that increase just as more transactions are made by cardholders in the future.
Individuals will most often need more than credit cards and saving accounts, and RHB recognizes that well. Presently, many have struggled to get a loan to acquire assets which include homes & cars. And so, the Bank proceeded to create a financial loan structure that benefits all parties with the lowest interest rate for several loan types. In addition to that, individuals may also subscribe to the great diversity of insurance plans and make a financial investment with the Bank.
For businesses and entrepreneurs, corporate banking facilities are additionally provided. They’re able to take business loan or perhaps connect with RHB for corporate & investment banking. Wanting to make certain that their products and services are the very best, RHB in addition has offered online cash management and asset management services.
Small-medium enterprises are one of those who can benefit from the most benefits. They are welcomed to obtain loans should capital injection ought to be required as they scale their businesses. Aside from that, RHB Bank even provides retails solutions to appropriate customers, especially those in e-commerce businesses.
However, RHB Bank still keeps their interest in the highly-demanded Islamic banking facilities. These types of products are especially demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is made available upon demand by either individuals or enterprises.
In 2016, the Bank was able to boost 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 begun strategizing in credit card Malaysia to develop more successful campaigns in the coming years.