RHB Launches “THAT’S EASY” Campaign

RHB Credit Cards has introduced its new and exciting contest “That’s Easy” contest to its loyal cardmembers with the aim to constantly reward its customers with prizes throughout the campaign and also to bring more fun and value in simple yet innovative ways.

Speaking at the launch which was held at Saloma Restaurant, Jalan Ampang, Kuala Lumpur, Mr. Renzo Viegas, Head of Retail Banking, RHB Banking Group, said “we designed this campaign with our customers’ needs in mind. Given current economic climate, we intend to reward our cardmembers with certain necessities such as groceries, petrol and electricity”.

With a current 800,000 RHB cardmembers, “That’s Easy” contest can be easily registered through one time SMS and a minimum spending of RM50 in a single transaction, that will automatically tracked as contest entries to win prizes. This contest features exciting monthly prizes of One Year’s worth of Free Groceries, Petrol and Electricity.

In conjunction with the launch, RHB also held its prize presentation to the Bonanza Craze’s grand prize winner Mr. Chee Hin Kiat. Present at the prize presentation event were, Mr. Felix Haller, Sales and Marketing Manager of Bufori Motor Car Company (M) Sdn. Bhd, Mr.Gan Kheng Chai, Head of Cards & Unsecured Business, RHB Banking Group and Miss Angela Tan, Head of Consumer Product Management, RHB Banking Group.

For more information to apply for credit card, contact RHB PhoneBanking at 603 9206 8118 for Peninsular Malaysia and 6082 276118 for Sabah & Sarawak or log on to www.rhbbank.com.my

RHB Investment Management launches its First Commodity Investment Fund

RHB Investment Management Sdn Bhd (RHBIM), a merged entity of RHB Asset Management Sdn Bhd and RHB Unit Trust Bhd, has launched its first commodity investment fund at Kuala Lumpur recently.

The Commodities Capital Protected Fund (CCPF) is the first RHBIM fund to have protection feature and the 3 year CCPF is a closed-end fund with an initial fund size of RM150 million. Unit sales began on April 30 and ends on May 29.

RHBIM will invest 85% of the capital raised during the initial of period (IOP) in zero-coupon negotiable instruments of deposits that will provide capital protection if held maturity, and fund’s exposure will be narrowed down to 4 commodities like soybean, wheat, aluminium and copper. The remainder of the fund will be invested in an over-the–counter option linked to the performance of the future contracts of four commodities.

RHBIM planned to launch 5 new investment products by year end. Currently, RHBIM manages 24 unit trust funds with close to RM4 billion in total investment assets.

RHB Launches Platinum MasterCard for the High Flyers

RHB Banking Group of Malaysia has unveiled its latest Platinum MasterCard Business Card for high flyers of the business world. The new card, bearing the MasterCard brand, complements its current 9 existingproducts with about 765,000 active cards in circulation, RHB has 7.8% share of credit card market.

The RHB Platinum Business Card comes with array of features and benefits, such as, higher credit limit, flexible instalment payment plans for purchases and enjoy preferential rates for trainings and conferences. The new Platinum card also comes with no annual fee, 15% interest rate per annum instead of the usual 18% per annum and 1% cash rebate on retail transactions, which will be credited into customer’s account everymonth to off-set the credit card bill.

RHB Group Managing Director Michael J. Barett said the new card is expected to be one of the major contributors to the bank’s credit card segment, as currently the banking group have more than 150,000 customers and in line with this, RHB is able to offer small businesses end-to-end, tailored paymentprogrammes that help to simplify their procurement process and maximize cost savings.

Also present at the launch, were MasterCard Worldwide Vice-president for global Commercial Products (Asia/Pacific) Mr. Peter Gordon, MasterCard Vice-president and Senior Country Manager (Malaysia and Brunei) Mr. Jim Cheah, RHB Bank Senior Vice-president and Head of Cards and Unsecured Business(Consumer Banking Division) Mr. Gan Kheng Chai and Retail Head Mr. Renzo Viegas.

For more information on how to apply RHB credit cards, contact RHB PhoneBanking at 603 9206 8118 for Peninsular Malaysia (at anytime) or 6082 276 118 for Sabah & Sarawak or visit www.rhbbank.com.my