Catherine Favazza

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RHB Bank Prepared to Take on the South East Asia Financial Market

RHB Bank’s Credit Card Online & Some Other Products & services

As one speaks of RHB Group, we do know that they are now one of the leading banks in Malaysia. Understanding the potential of foreign markets with SEA, they have expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and several other countries. Feeling the need to provide additional value, RHB Bank has started to provide many different kinds of financial services to companies and individuals.

Probably the most common yet fundamental services provided to individuals is deposit account and self-banking services. With competitive interest rate and availability of CDM and ATM in the branches and various strategic locations all over Malaysia, account holders can also enjoy maximum savings return while at the same time have access to their accounts for cash deposit and withdrawal easily anytime.

The shift from standard purchasing method using cash to cashless method has increased substantially the demand from customers for credit cards. As verified in the reports from many analyses conducted, the acceptance towards e-payment method from the public is showing rapid growth. Hence, credit cards are becoming more popular as cardholders make an online purchase easily.

RHB Bank

This is where unique offering comes into the picture, as a range of advantages is offered to RHB Bank credit card subscribers, like cashback reward and quite a few other value-added rewards that offers maximum return as the card holder use the card more frequently.

RHB Bank is knowledgeable of the simple fact that possessing a savings account and credit card is insufficient to fulfill an individual’s financial needs. It is actually evident that normally, individuals need to acquire personal loans with the bank to own high-value assets, for instance, real estate and vehicles. So, RHB has provided a low interest rate for a lot of different kinds of loans. Customers who want to go the extra mile are also able to subscribe to insurance plans and purchase unit trusts from the Bank.

For entrepreneurs and corporations, there’re able to connect with RHB Bank for corporate banking facilities. Businesses may sign up for business loans if they’re interested, and additionally, they may also engage in other sorts of corporate banking facilities. As some businesses requested, RHB Bank even offers online cash management services.

These solutions are especially helpful for small-medium enterprises, as lots of types of services including loans can be made to gain more capital for their businesses. For e-commerce businesses, retails solutions is among the most innovative and beneficial services they may subscribe.

Notwithstanding this, focus on the highly demanded Islamic banking facilities has never been an oversight. RHB Bank sees that there is a large quantity of requests from the customers to develop Syariah-compliant financial instruments. As a result of that, they’ve already set up wealth management, corporate banking, Islamic treasury, unit trust, and various kinds of other products and services that follows the Syariah guideline to the public.

In 2016, RHB Bank experienced a 24% annual brand value growth, which makes them one of the 5 best players in Malaysia. Knowing the full potential of the forthcoming financial market, RHB Bank is prepared with a lot of aggresive strategies in ensuring a constant increase of growth over the next several years.

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