RHB Bank’s Products & Services: Credit Cards and Much More

Presently, RHB Bank is genuinely one of the forerunners of the financial sector in Malaysia. Having the foundations laid down in Ten countries within SEA that includes Cambodia, Laos, Myanmar, Vietnam, and Thailand; RHB Group is confident to expand faster by providing banking facilities which can help both individuals and businesses consistent with their individual needs. RHB Bank with foreign exchange gives views this as one of many ways to serve consumers better.

Setting up current or savings account by individuals and organizations will always be essential. To draw in smart consumers, RHB Bank has offered a highly competitive interest rate customers will enjoy simply by depositing money in their account. While they provide traditional transaction facility through ATM and CDM, the Bank had also launched RHB Now, their internet banking solutions to increase efficiency.

RHB Bank witnesses that more people make purchases online as compared to using cash nowadays. According to the data collected, it is found that more web users prefer to purchase using credit cards. For this reason, the Bank causes it to become essential to serve the prospects better by offering credit card services with fantastic rewards. Diligent customers who compare credit cards very carefully will know that RHB’s interest rate is some of the lowest.

Knowing there is an urgent need to close the gap between demand and supply, the Bank took a further step of progress to offer value-added credit card scheme that gives cashback as well as some other benefits the account holder can take advantage of when they go along the way.

RHB Bank is well aware of the simple fact that having a savings account and credit card is insufficient to meet up with people’s financial needs. It really is obvious that generally, people need to acquire loans with the bank to purchase high-valued assets, for instance homes and vehicles. Thereby, RHB has offered a low-interest rate for many different kinds of loans. Customers who want to go the extra mile can also subscribe for insurance plan and acquire unit trusts from RHB Group.

Shifting the main target to corporate customers, RHB Bank is also offering corporate banking solutions to entrepreneurs and organizations. These target consumers are welcomed to obtain loans and even subscribe to the other solutions, for instance, asset management and cash management services.

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It is clear that SMEs are some of the customers that would possibly enjoy the most return, especially when they can make an application to obtain a loan should extra cash is needed to scale the business. Additionally, retails solutions are also offered to SMEs who would need it.

Despite, the bank has not ever lost focus on Shariah-compliant financial instruments. This is mostly because of increased demand by the customer in Malaysia. Understanding that, banking facilities that adhere to the minimum Syariah requirement such as Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are being introduced.

In 2016, RHB Bank have observed a 24% annual brand value growth, making them one of the top five players in Malaysia. Knowing the full potential of the forthcoming financial market, RHB Bank with foreign exchange is ready with more aggressive strategies in ensuring a consistent increase of growth across the next few years.