Public Bank BHD

Topics: Bank, Financial services, Retail banking Pages: 1 (271 words) Published: February 15, 2014
Public Bank Berhad
46-Year Journey of Growth
Conceptualised as 'a bank for the public' by its Founder and Chairman, Tan Sri Dato' Sri Dr. Teh Hong Piow, Public Bank commenced business on 6 August 1966, and was listed on the Kuala Lumpur Stock Exchange (KLSE) on 6 April 1967. To-date, the Public Bank Group has grown into a premier banking group in Malaysia, with overseas market presence in Cambodia, Vietnam, Laos, Hong Kong, China and Sri Lanka. Public Bank Group is the third largest banking group in Malaysia and ranked number six by asset size in Southeast Asia. Public Bank is the largest non-government-linked corporation in Malaysia with a market capitalisation of RM57.52 billion as at the end of 2012. In 2012, Public Bank was honoured with 36 awards, including many best bank awards and excellence in corporate governance by national and international publications. Today, the Public Bank Group's overseas operations comprise 122 branches, with 83 branches in Hong Kong, 3 branches in China, 24 branches in Cambodia, 7 branches in Vietnam, 4 branches in Laos, a branch in Sri Lanka and 3 representative offices in Shanghai, Shenyang and Taipei. Nature of business

As a leading financial services provider in Malaysia, the Public Bank Group offers a comprehensive range of financial products and services covering, amongst others, personal banking, commercial banking, Islamic banking, investment banking, share broking, trustee services, nominee services, sales and management of unit trust funds, bancassurance and general insurance products Growth in the retail banking business is consistently focused on retail lending, deposit-taking and fee-based businesses. In the retail lending business, the Public Bank Group remains focused on growing its loans in residential mortgages, passenger vehicle financing and lending to SMEs.
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