The bank was founded in 1966 by Teh Hong Piow, the then general manager of Malayan Banking. The bank was listed on the Malaysian Stock Exchange in 1967.
Public Bank is the largest bank in Malaysia by shareholders' funds, second largest by market capitalization, just behind Maybank and third largest by total assets, behind Maybank and CIMB.[3][4]
Public Bank currently offers a comprehensive range of financial products and services which include personal banking, commercial banking, Islamic banking, investment banking, share broking, trustee services, nominee services, sale and management of unit trust funds, bancassurance and general insurance products. Public Bank's strategy is centered on growth in the retail banking business particularly on the retail consumers and small and medium enterprises ("SMEs").[5]
The Public Bank Group is well known for its strong financial performance and consistent prudent management. It is consistently accorded with strong credit and financial ratings from local and foreign rating agencies. Public Bank gained a long-term rating of AAA the Rating Agency Malaysia. It is the highest rating accorded by Rating Agency Malaysia. It also received a short-term rating of P1 with stable outlook. Standard & Poor's reaffirmed Public Bank's A- long-term rating and A-2 short-term counterparty credit rating with stable outlook. Moody's Investors Service reaffirmed Public Bank's foreign currency long-term deposit rating of A3 and short-term deposit rating of P-2 with stable outlook.[6]
Public Bank currently has a network of 259 branches and over 2000 self terminals in Malaysia. The company also has its presence in the Asia-Pacific region with a network of 1 subsidiary in Hong Kong (Public Bank (Hong Kong) Limited, with 79 branches), 1 subsidiary in Cambodia (Cambodian Public Bank Plc, with 30 branches), 1 subsidiary in Vietnam (Public Bank Vietnam Limited, with 12 branches), 4 branches in Laos, 3 branches in China and 3 branches in Sri Lanka.[7]
In total, the company serves more than 9 million customers in countries where it operates.[8]
public, bank, berhad, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, some, this, article, listed, sources, reliable, please, help, this, article, looking, better, more. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages Some of this article s listed sources may not be reliable Please help this article by looking for better more reliable sources Unreliable citations may be challenged or deleted August 2018 Learn how and when to remove this template message This article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral Please help improve it by replacing them with more appropriate citations to reliable independent third party sources August 2018 Learn how and when to remove this template message Learn how and when to remove this template message Public Bank Berhad MYX 1295 is a bank based in Kuala Lumpur Malaysia offering financial services in Malaysia as well as the Asia Pacific region Public Bank BerhadMenara Public Bank headquarters of Public Bank Berhad at Kuala Lumpur Malaysia TypePublic limited companyTraded asMYX 1295ISINMYL1295OO004IndustryBanking and financeFounded1966FounderTeh Hong PiowHeadquartersKuala Lumpur MalaysiaArea servedAsia PacificKey peoplevacant chairman Tay Ah Lek managing director amp CEO ProductsFinancial servicesRevenueRM22 45 billion US 5 49 billion 2019 1 Operating incomeRM7 13 billion US 1 74 billion 2019 1 Net incomeRM5 51 billion US 1 35 billion 2019 1 Total assetsRM432 8 billion US 105 82 billion 2019 1 Number of employees gt 18 000 2 Websitewww wbr pbebank wbr comThe bank was founded in 1966 by Teh Hong Piow the then general manager of Malayan Banking The bank was listed on the Malaysian Stock Exchange in 1967 Public Bank is currently one of the largest banks in Southeast Asia with over RM 363 76 billion US 91 26 billion of assets and RM71 90 billion US 18 04 billion in market capitalization in 2015 Public Bank is the largest bank in Malaysia by shareholders funds second largest by market capitalization just behind Maybank and third largest by total assets behind Maybank and CIMB 3 4 Public Bank currently offers a comprehensive range of financial products and services which include personal banking commercial banking Islamic banking investment banking share broking trustee services nominee services sale and management of unit trust funds bancassurance and general insurance products Public Bank s strategy is centered on growth in the retail banking business particularly on the retail consumers and small and medium enterprises SMEs 5 Contents 1 Operations 1 1 Subsidiaries 1 1 1 Malaysia 1 1 2 Hong Kong 1 1 3 Cambodia 1 1 4 Vietnam 2 See also 3 References 4 External linksOperations EditThe Public Bank Group is well known for its strong financial performance and consistent prudent management It is consistently accorded with strong credit and financial ratings from local and foreign rating agencies Public Bank gained a long term rating of AAA the Rating Agency Malaysia It is the highest rating accorded by Rating Agency Malaysia It also received a short term rating of P1 with stable outlook Standard amp Poor s reaffirmed Public Bank s A long term rating and A 2 short term counterparty credit rating with stable outlook Moody s Investors Service reaffirmed Public Bank s foreign currency long term deposit rating of A3 and short term deposit rating of P 2 with stable outlook 6 Public Bank currently has a network of 259 branches and over 2000 self terminals in Malaysia The company also has its presence in the Asia Pacific region with a network of 1 subsidiary in Hong Kong Public Bank Hong Kong Limited with 79 branches 1 subsidiary in Cambodia Cambodian Public Bank Plc with 30 branches 1 subsidiary in Vietnam Public Bank Vietnam Limited with 12 branches 4 branches in Laos 3 branches in China and 3 branches in Sri Lanka 7 In total the company serves more than 9 million customers in countries where it operates 8 Subsidiaries Edit Public Bank branch at Wing On Building Hong Kong Malaysia Edit Public Islamic Bank Public Investment Bank Public Mutual Berhad Public Bank Labuan PB Trustee ServicesHong Kong Edit Public Bank Hong Kong Limited Public Finance Limited Winton B V I LimitedCambodia Edit Cambodian Public Bank Plc Campu Lonpac Insurance Plc Campu Securities PlcVietnam Edit Public Bank Vietnam LimitedSee also EditPublic Bank Hong Kong List of largest Malaysian banks List of largest banks in Southeast AsiaReferences Edit a b c d Public Bank PBB s and PBB Group s Audited Results for the Fourth Quarter and Financial Year Ended 31 December 2019 publicbankgroup com Archived from the original on 12 March 2020 Retrieved 26 February 2020 Corporate Profile at official website of Public Bank Top 5 Biggest Banks in Malaysia Archived from the original on 4 July 2015 Retrieved 4 July 2015 Banks in Malaysia Banks around the World Public Bank s Official website Public Bank Berhad Corporate Profile About Us Retrieved 16 August 2016 Official website of Public Bank Official website of Public Bank External links EditOfficial website Retrieved from https en wikipedia org w index php title Public Bank Berhad amp oldid 1133161803, wikipedia, wiki, book, books, library,
