RHB Bank: Not Just About Loans & Credit Cards
RHB is today among the list of the largest bank with integrated financial services in Malaysia. While they plan to broaden their market further, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam and several other countries within the SEA region. Understanding among the most efficient way to compete is simply by giving extra value to the consumers, and the RHB personal accident insurance has begun offering multiple banking facilities to both individuals and organizations.
Individuals and corporations have the freedom to create their savings and current account with RHB Bank conveniently and get a highly competitive interest rate as they transfer money into their account. If they want to make any transactions online, they could efficiently utilize online banking services, RHB Now. For offline sales, they’re able to access the ATM & CDM machines in addition to MEPS ATM quickly for withdrawal.
Not just that, RHB also adopts digital transformation and has seen that it triggered an escalating demand for credit cards. As research indicates, more and more people are likely to shop and make transaction online nowadays, RHB Bank, besides, has made it possible for consumers to apply for credit cards online. The Bank is at ease with their offering that they even urge customers to review credit cards interest rate before making any commitment.
This is where unique offering comes into the picture, as various advantages are provided to RHB Bank credit card subscribers, like cashback reward as well as some other value-added rewards that give a higher return as the cardholder increases their usage.
RHB Bank is familiar with the reality that setting up a savings account and credit card is inadequate to satisfy people’s financial needs. It happens to be evident that typically, individuals need to acquire loans with the bank to purchase high-valued assets, which include properties and automobiles. Because of this, RHB has made available a low-interest rate for a lot of different models of loans. Customers who want to go the one step further could also subscribe for insurance policies and buy unit trusts from RHB.
Shifting the target to corporate customers, RHB Bank is additionally offering corporate banking solutions to entrepreneurs and organisations. These target customers are welcomed to obtain loans and also subscribe to the other answers, that include asset management and cash management services.
There exists one particular class of customers that may reap the most advantages from this: the small-medium enterprises. The products made available by RHB Bank can make it possible for these business owners to gain more capital to grow their business by making an application for the loan. Additionally, SMEs in the e-commerce industry can even subscribe to RHB’s dependable retail solutions.
Despite that, RHB Bank still keeps its focal point on the highly-demanded Islamic banking facilities. Such type of services is mainly demanded in countries like Malaysia. So, they have offered Islamic corporate banking, Islamic treasury, unit trust, and wealth management that is provided upon demand by either individuals or corporations.
In 2016, the Bank managed to expand the growth of their annual brand value by 24%, which automatically makes them the 4th fastest growing banking industry player in Malaysia. As they anticipate the upcoming year’s financial market potential, RHB Bank personal accident insurance has started strategizing to produce more impactful campaigns down the road.