Public Bank
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Public Bank Berhad (Public Bank) | |
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Type | Public |
Founded | 1966 |
Founder | Tan Sri Teh Hong Piow |
Headquarters | Kuala Lumpur, Malaysia |
Area served | Personal banking services in: Malaysia Hong Kong Cambodia |
Key people | Tan Sri Teh Hong Piow, Group Chairman |
Industry | Banking and Finance |
Products | Banking and Finance Services |
Revenue | MYR ▲9.56 billion (2007) |
Website | http://www.publicbank.com.my/ |
Public Bank Berhad (MYX: 1295) is a bank based in Malaysia.The Public Bank Group's business ended the financial year 2005 on a high note with RM111.6 billion in assets, RM68.1 billion in loans and RM84.1 billion in deposits. In terms of balance sheet size, the Public Bank Group is the third largest banking group in Malaysia with approximately US$ 41.76 billion in total assets in Malaysia with the lowest non-performing loan ratios.
[edit] History
Public Bank is currently the second biggest domestic bank in Malaysia by shareholders' funds. It focuses on retail customers and small to medium sized enterprises. 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.