RHB Bank today is one of the greatest integrated financial services group in Malaysia. With the vision to further grow its market share within the SEA region, they’ve already thus far ventured into 10 countries which comprise of Brunei, Laos, Myanmar, Vietnam, and Singapore, and more. To help make dominion possible, a wide range of service happen to be provided to customers to satisfy both personal and business needs.
Offline & Online Banking
One of the common yet important services provided to individuals is deposit account and self-banking services. With a competitive rate of interest and accessibility of ATM and CDM in the branches and various other strategic locations throughout Malaysia, customers can take advantage of maximum savings return while at the same time connect to their account for deposit and withdrawal very easily anytime.
As the Bank witnesses the shift of trend from the old purchasing method with cash to online purchasing, they recognized that there is an increasing demand from customers for credit cards. Counting on information from research studies conducted that signifies the public’s increasing acceptance towards online payment, it really is undisputed that offering credit card services is probably the main approach RHB Bank should really be pushing forward-and they did precisely that.
What is more, as the Bank sees the urgent need to create a good sense of balance between supply and demand, they also have created a credit card plan that promises more reward to the card holders that can be enjoyed given that they utilize it for either offline or online transactions.
Individuals will usually want more than credit cards and saving accounts, and RHB recognizes that well. At present, many have struggled to get a loan to buy assets which include homes & cars. Thus, the Bank went on to set-up a loan scheme that benefits both sides with the lowest interest rate for numerous loan types. Furthermore, individuals can also subscribe to various insurance plan and make a financial investment with the Bank.
For entrepreneurs and companies, they’ll be able to engage with RHB Bank for corporate banking facilities. Businesses may submit an application for business loans should they be interested, and they are also able to engage in other types of corporate banking facilities. As some businesses requested, RHB Bank also provides online cash management services.
SMEs will surely leverage the plenty of services made available by RHB Bank, particularly when it comes to taking loans to boost cash flow and further develop the business. RHB Group furthermore has begun innovating by offering retail solutions to consumers that need it, for example, e-commerce players.
Nonetheless, the need for Islamic banking facilities hasn’t ever been overlooked, particularly when there is a popular demand for Syariah-compliant products or services in the Malaysian market. For this reason, the Bank makes sure solutions that abide by the Syariah requirement, for example, Islamic wealth management services, Islamic treasury, corporate banking, and even unit trust are offered.
RHB Bank has seen a 24% annual brand value growth in 2016 which automatically places them in the top five positions for banks in the nation. In anticipation to the upcoming market growth, the Bank has started strategizing a much more proactive strategy to keep its growth rate steady for a long period.