RHB Bank Preparing to Lead the National Financial Markets
Speaking of RHB Bank, we do know that they’re now one of the top five banks in Malaysia. Knowing the potential of foreign markets with the South East Asia region, they have expanded their horizons and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and plenty of other countries. Feeling the need to provide more value, RHB Bank has begun to present many different kinds of financial services to businesses and individuals.
Individuals and firms have the freedom to create their savings and current account with RHB Bank easily and get highly competitive monthly interest as they transfer money into their accounts. Whenever they would like to make any transactions online, they’re now able to easily utilize internet banking services, RHB Now. For offline transactions, they’ll be able to access the ATM & CDM machines as well as MEPS ATM quickly for withdrawal.
As the Bank sees the change of trend from the traditional purchasing method by cash to an online purchase, they discovered that there’s also an increasing demand from customers for credit cards. Depending on the outcome from studies conducted that represents the public’s increasing acceptance towards online purchases, it is proven that offering credit card solutions has become the main strategy RHB Bank really needs to be pushing forward-and they did just that.
Knowing there’s an urgent need to close the supply and demand gap, the Bank took yet another leap forward to offer a value-added credit card scheme that gives cashback and lots of other benefits the account holder can enjoy when they go along the way.
For small business owners and organizational entities, RHB Bank is providing corporate banking facilities. They’ll be able to engage with the Bank either for investment banking or even to make business loans. In the event the customers are interested, they even can sign up for RHB Bank’s online cash management services.
It is evident that small-medium enterprises are some of the customers which may possibly enjoy the maximum benefit, particularly when it is possible for them to make applications should extra revenue is necessary to scale the business. Additionally, retails solutions also are provided to SMEs who might need it.
Nonetheless, RHB Bank hasn’t ever overlooked the demand for Islamic banking facilities. In Malaysia, Syariah-compliant products and services are highly demanded. Therefore, products and services such as wealth management, unit trust, Islamic treasury, and corporate banking are specially formulated to ensure that all transactions follow the Syariah requirement.
A huge 24 annual brand value growth has most certainly been seen by the Bank in 2016, which places them as amongst the top five domestic banking players. Seeing the future market growth potential, RHB Bank has equipped itself with more rigorous and effective tactics to further grow its value and share of the market in the long term.