RHB Bank’s Credit Card Online & Other Great Banking Services
RHB is today one of the largest banks with integrated financial services in Malaysia. As they start to plan to further broaden their market, RHB Bank has tapped into Brunei, Indonesia, Singapore, Laos, Vietnam plus some other countries within the South East Asia region. Realizing that the most effective way to compete is actually by giving extra value to the consumers, rhb has begun offering a credit card for multiple banking facilities to both individuals and organizations.
Most likely the most staple kind of services a Bank offers is undoubtedly the savings account and self-banking facilities. RHB attracts the general public to set-up savings in addition to the current account by offering higher than average interest rates to be enjoyed by customers. For maximum ease to withdraw and deposit money into the account, customers may easily locate and use the nearby ATM and CDM machines deployed in branches along with other locations easily.
As the Bank witnesses the change of trend from the traditional purchasing method using cash to an online purchase, they understood that there is an escalating market demand for credit cards. Dependent on the results from surveys conducted that represents the public’s increasing worldwide recognition towards online purchases, it is undeniable that offering credit card service has become the main approach RHB Bank needs to be pushing forward-and they did just that.
Feeling the need to close the gap between supply and demand, RHB Bank goes the extra mile and has begun offering credit card services with numerous benefits as opposed to the other banks, which includes cash back rewards for cardholders whilst they purchase more using a credit card.
Individuals will most of the time need more than credit cards and saving accounts, and RHB knows that well. Currently, many have struggled to get a loan to acquire assets such as homes & cars. Therefore, the Bank started to bring about a loan scheme that benefits each side at the lowest interest rate for various loan types. What’s even better, individuals may be able to subscribe to many types of insurance plans and make financial investments together with the Bank.
For entrepreneurs and organizational entities, RHB Bank provides corporate banking facilities. They’ll be able to engage with the Bank either for investment banking or perhaps to make a business loan. Whenever customers are interested, they can even subscribe to RHB Bank’s online cash management services.
There exists one special group of customers which may reap the most benefits from this: the small-medium enterprises. The products offered by RHB Bank might most likely make it possible for these business owners to gain more capital to better develop their business by making an application for the loan. Additionally, SMEs within the e-commerce industry can also sign up for RHB’s effective retail solutions.
Notwithstanding, the bank has not ever lost focus on Shariah-compliant financial instruments. This is mainly due to the great demand by the public in Malaysia. Having said that, banking facilities that follow the minimum Syariah requirement that include Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are now being put forward.
In 2016, RHB Bank has observed a 24% annual brand value growth, which makes them among the leading players in Malaysia. Knowing the full potential of the forthcoming financial market, RHB Bank is prepared to credit card with a lot of aggressive strategies in ensuring a stable increase of growth throughout the next few years.