RHB Bank Preparing to Take control of the National Financial Markets
As one speaks of RHB Bank, we know that they are now among the leading banks in Malaysia. Comprehending the potential of foreign markets with South East Asia, they’ve expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and many other countries. Feeling the necessity to provide more value, RHB Bank has started to offer several kinds of banking services like commercial vehicle insurance to businesses and individuals.
One of the most common yet essential services available to individuals is deposit account and self-banking services. With a competitive rate of interest and accessibility of ATM and CDM in the bank branches and other strategic locations everywhere in Malaysia, customers can also enjoy maximum savings return. At the same time, connect to their account for cash deposit and withdrawal quite easily anytime.
As the Bank sees the trend shift from the traditional purchasing method with cash to an online purchase, they noticed that there’s escalating demand from customers for credit cards. Counting on the results from research studies conducted that implies the public’s increasing worldwide recognition towards the online purchase, it is indisputable that offering credit card service is considered among the primary strategy RHB Bank needs to be pushing forward-and they did just that.
RHB Bank recognizes that it’s vital to minimize the visible difference between supply and demand. So, they also have formulated an appealing credit card scheme that provides value that includes cashback rewards that multiply just as cardholders are increasingly making more transactions in the future.
For enterprises and entrepreneurs, corporate banking facilities are offered. They can take a business loan or maybe even engage with RHB for corporate & investment banking. Intending to make sure that their services are the best, RHB has additionally offered online cash management and asset management services.
These solutions are especially good for SMEs, as lots of kinds of services including loans can be made to inject capital in their businesses. For e-commerce companies, retails solutions is definitely among the most innovative and beneficial services they’re now able to subscribe.
Notwithstanding, the bank hasn’t ever lost attention on Shariah-compliant financial instruments. This is mainly due to the high demand of the public in Malaysia. Keeping that in mind, banking facilities that follow the minimum Syariah requirement which includes Islamic treasury, Islamic corporate banking, unit trust, and wealth management services are being introduced.
In 2016, the Bank was able to boost the growth of its annual brand value by 24%, which automatically makes them the 4th fastest growing banking industry player in Malaysia. As they quite simply anticipate the upcoming year’s financial market potential, RHB Bank has begun strategizing to develop more successful campaigns on commercial vehicle insurance in the coming years.