RHB Bank’s Credit Card Online & Various Other Banking solutions
As one speaks of RHB Bank, we do know that they’re now among the list of leading banks in Malaysia. Understanding the potential of foreign markets with the Southeast Asia region, they have expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and many other countries. Feeling the importance to provide additional value, RHB Bank initiated a policy to offer many types of banking services such as travel insurance to enterprises and individuals.
Creating a savings account or even a current account has been stapled yet underrated. To make sure that account holders may benefit the most from their savings, RHB Bank has offered a reasonably competitive interest rate as opposed to other institutions. Moreover, they also have improved the transaction facilities by adding more ATM and CDM machines in branches along with other designated locations as well as creating a web-based banking services platform, RHB Now for their customers.
Additionally, RHB also embraces digital transformation and has now seen that it resulted in an increasing demand for credit cards. As research has revealed that more and more people often shop and make transactions online nowadays, RHB Bank also has made it entirely possible for customers to apply for credit cards online. The Bank is at ease with its offering that they even urge consumers to compare credit card interest rates before making any commitment.
Also, as RHB Bank sees the urgent need to set up a good sense of balance between demand and supply, they now have launched a credit card scheme that promises a special benefit to the cardholders that could be enjoyed whilst they use it for either offline or online transactions.
Individuals will nearly always require more than credit cards and saving accounts, and RHB recognizes that well. At present, many have struggled to obtain a loan to acquire assets which include homes & cars. And so, the Bank went on to bring about a loan scheme that benefits both parties with the lowest interest rate for several loan types. What’s even better, individuals can also subscribe to various insurance plans and make financial investments with the Bank.
Shifting the main focus to corporate customers, RHB Bank is in addition to offering corporate banking solutions to entrepreneurs and organizations. These target prospects are welcomed to get loans and also subscribe to the other solutions, for example, asset management and cash management services.
It is evident that small-medium enterprises are one of the customers that will possibly enjoy the utmost return, in particular when it is possible for them to make an application to obtain loans should extra revenue is necessary to scale the business. Additionally, retails solutions are likewise provided to SMEs who may need it.
Despite this, the bank has not lost focus on Shariah-compliant financial instruments. This is certainly principally because of the high demand of the customer in Malaysia. That being said, banking facilities that adhere to the minimum Syariah requirement that include Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are being put forward.
A significant 24 annual brand value growth happens to have been seen by the Bank in 2016, which places them as amongst the top five domestic banking players. Seeing the forthcoming market growth potential, RHB Bank has equipped itself with more rigorous and efficient tactics such as travel insurance to further boost its value and share of the market in the longer term.