RHB Bank’s Services & Products: Credit Card & A Good Deal More

RHB Bank Getting ready to Take over the Foreign & Local Financial Sector

As one speaks of RHB Bank, we do know that they’re now among the list of top five banks in Malaysia. Understanding the potential of foreign markets with South East Asia, they also have expanded their horizon and entered Hong Kong, Laos, Cambodia, Myanmar, Thailand, and several other countries. Feeling the importance to provide additional value, RHB Bank has started to present numerous kinds of banking services to corporations and individuals for a fixed deposit rate in Malaysia.

Probably the most common yet fundamental services on the market to individuals is deposit account and self-banking services. With a competitive rate of interest and accessibility to CDM and ATM in the bank branches and various other strategic locations across Malaysia, account holders can take advantage of maximum savings return. At the same time, connect to their bank account for deposit and withdrawal quite easily anytime.

The shift from traditional purchasing method using cash to cashless process has increased the demand for credit cards substantially. As validated through the data from many studies conducted, the acceptance towards e-payment method by the public is showing dramatic growth. Hence, credit cards are becoming more popular as cardholders make purchases online without difficulty.

RHB Bank

This is when unique offering comes into the picture, as numerous advantages are provided to RHB Bank credit card holders, including cashback reward and many other value-added rewards that provide higher return given that the cardholder spends more money.

RHB Bank is knowledgeable of the reality that setting up a savings account and credit card is insufficient to meet up with one’s own financial needs. It is apparent that usually, people need to apply for loans with the bank to obtain high-valued assets, which include real estate and automobiles. And so, RHB has offered a low-interest rate for numerous different types of loans. Customers who want to go the extra mile can even subscribe for insurance coverage and buy unit trusts from RHB Group.

Shifting the main target to corporate customers, RHB Bank is additionally offering corporate banking solutions to entrepreneurs and organizations. These target customers are welcomed to obtain loans and sign up for the other offerings, including asset management and cash management services.

These services are especially suitable for small-medium enterprises, as plenty of varieties of services including loans can be made to inject capital for their businesses. For e-commerce business owners, retails solutions could be just about the most innovative and beneficial services they can engage with.

Nonetheless, the need for Islamic banking facilities hasn’t ever been overlooked, especially when there’s popular demand for Shariah-compliant products or services within the Malaysian market. Thus, the Bank makes sure solutions that follow the Shariah requirement, including Islamic wealth management services, Islamic treasury, corporate banking, and unit trust are made available.

A significant 24 annual brand value growth seem to have been observed by the Bank in 2016, which places them as one of the top five domestic banking players. Seeing the long term market growth potential, RHB Bank has equipped themselves with more rigorous and effective tactics to further grow its value and share of the market in the time to come for fixed deposit rate Malaysia.