Public Bank Berhad

For other uses, see Public bank.
Public Bank Berhad
大眾銀行(Chinese)
பப்ளிக் நிதியகம் (Tamil)
Public
Industry Banking and Finance
Founded 1966
Founder Tan Sri Teh Hong Piow
Headquarters Kuala Lumpur, Malaysia
Area served
 Asia-Pacific
Key people
 Tan Sri Teh Hong Piow, Group Chairman
Products Financial Services
Revenue Increase RM16.86 billion
(US$4.82 billion) (2014)[1]
Increase RM6.06 billion
(US$1.73 billion) (2014)
Increase RM4.56 billion
(US$1.30 billion) (2014)
Total assets Increase RM345.72 billion
(US$98.88 billion) (2014)
Number of employees
 >18,000[2]
Website www.publicbank.com.my

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.

Background

The bank was founded in 1966 by Clarance Liaw, 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 US$98.88 billion of assets and US$20.4 billion in market capitalisation in 2014.

Public Bank is the largest bank in Malaysia by shareholders' funds, second largest by market capitalisation, 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]

Operations

Public Bank currently has a network of 259 branches and 1,801 self-service 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 83 branches), 1 subsidiary in Cambodia (Cambodian Public Bank Plc, with 27 branches), 1 subsidiary in Vietnam (Public Bank Vietnam Limited, with 7 branches), 4 branches in Laos, 3 branches in China and 3 branches in Sri Lanka.[6]

In total, the company serves more than 9 million customers in countries where it operates.[7]

Subsidiaries and related firms

Public Bank branch at Wing On Building, Hong Kong

Malaysia

Hong Kong

Cambodia

Vietnam

Main competitors

Board of Directors

Public Bank Board of Directors

  1. Tan Sri Dato' Sri Dr. Teh Hong Piow (Non-executive Chairman)
  2. Tan Sri Dato' Sri Tay Ah Lek (Managing Director)
  3. Dato' Sri Lee Kong Lam (Executive Director)
  4. Dato' Yeoh Chin Kee (Independent Non-Executive Director)
  5. Dato' Haji Abdul Aziz bin Dato' Dr. Omar (Independent Non-Executive Director)
  6. Quah Poh Keat (Independent Non-Executive Director)
  7. Tang Wing Chew (Independent Non-Executive Director)
  8. Lai Wan (Independent Non-Executive Director)
  9. Lai Wai Keen (Independent Non-Executive Director)

See also

References

  1. ↑ "Financial report 2014" (PDF). Retrieved 8 April 2015.
  2. ↑ https://www.pbebank.com/corporate/hr/index.html
  3. ↑ http://savemoney.my/top-5-biggest-banks-in-malaysia
  4. ↑ http://www.relbanks.com/asia/malaysia
  5. ↑ https://www.pbebank.com/corporate/hr/index.html
  6. ↑ https://www.pbebank.com/corporate/hr/index.html
  7. ↑ https://www.pbebank.com/corporate/hr/index.html

External links

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