RHB Bank’s Banking Services: Credit Card & Many more
Speaking of RHB, we do know that they are now on the list of 5 best banks in Malaysia. Comprehending the potential of foreign markets with the SEA region, they also have expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and plenty of other countries. Feeling the need to provide additional value, RHB Bank has started to present many varieties of financial services such as fixed deposits to businesses and individuals.
The creation of current or savings accounts by individuals and businesses is always a necessity. To draw in smart consumers, the Bank has offered a reasonably competitive interest rate account holders can enjoy merely by depositing money in their accounts. Given that they provide traditional transaction facility through ATM and CDM, the Bank had also launched RHB Now, their online banking facilities in promoting efficiency.
As the Bank witnesses the change of trend from the good old purchasing method with cash to online purchasing, they observed that there’s an escalating demand for credit cards. Relying on the data from research conducted that signifies the public’s increasing worldwide recognition towards online purchases, it is undeniable that offering credit card solutions is among the main strategy RHB Bank needs to be pushing forward-and they did just that.
Furthermore, as RHB sees the urgent need to create a good symmetry between demand and supply, they now have developed a credit card plan that provides an extra advantage to the cardholders which can be enjoyed when they start to utilize it for either offline or online transactions.
For business entities, RHB Bank offers a unique banking solution. Application for commercial loans and corporate and investment banking are amongst the many types of services provided. For interested partners, the might also sign up for the Bank’s asset management services.
SMEs can take advantage of the wide range of services provided by RHB Bank, in particular when it involves taking loans to elevate cash flow and further expand the business. The Bank also has begun innovating by providing retail solutions to those who need it, that include e-commerce players.
Despite this, attention to the highly demanded Islamic banking facilities hasn’t ever been an oversight. RHB Bank knows that there’s a high amount of requests from the customers to create Shariah-compliant financial instruments. As a result of that, they’ve already lined up wealth management, corporate banking, Islamic treasury, unit trust, and various kinds of other offerings that follows the Shariah guideline for the public.
A significant 24 annual brand value growth has been observed by the Bank in 2016, which places them as amongst the 5 top domestic banking players. Seeing the forthcoming market growth potential, RHB Bank has equipped themselves with more rigorous and efficient tactics for fixed deposit to further boost their value and share of the market in the time to come.