Public Bank

Public Bank is a Malaysian bank based in Kuala Lumpur. It is currently one of the biggest banks in Southeast Asia, with over $91b in assets and $18b market capitalization.

It 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.

The bank currently has a network of 259 branches and over 2000 self terminals in Malaysia alone.

Public Bank’s net profits down 3.5% to $351.94m in Q1

Total loans and deposits grew in Q1 compared to Q4 2023.

Alipay+ enables 14 foreign e-wallets to pay in Hong Kong

About 90% of HK merchants now accept payments using foreign e-wallets.

Public Bank net profits up 8.7% in 2023; 10 sen interim dividend proposed

Total dividend is 19 sen per share for 2023, to be paid out on 22 March.

Public Bank net profit up 14.3% to $1.08b in 9M 2023

Total loans rose faster than the Malaysian banking industry average.

Public bank ties up with gov’t to finance SMEs

Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.

Public Bank posts 18% YoY net profit growth for 1H 2023

Its overseas operations accounted for 7.8% of the overall earnings.

Public Bank ties with PRO-NET, bolster presence in NEV industry

The bank commits NEV lending to reach RM33b by 2025.

Malaysia’s Public Bank extended $2.6b 'affordable home' loans in 2022

The bank has given out RM67b in commercial loans to Malaysian SMEs.

Malaysia's Public Bank funds $262,000 to eco-schools programme

The programme aims to promote climate education in schools using a project-based learning approach.

Public Bank unveils PB SecureSign in major security overhaul

This is in line with the bank’s commitment to boost cyber protection.

Public Bank posts 22.6% net profit surge in Q1

It expects market volatility to be heavily influenced by US and EU banking environment.

Public Bank launches cross-border QR payments to Singapore

Merchants and individuals can exchange payments to and from either country.

Public Bank Berhad aims for $11b in ESG-friendly financing by 2025

It also plans to finance energy-efficient vehicles worth $7b by 2025.

Public Bank offers repayment relief to Malaysia flood victims

Customers affected by the floods can defer monthly loan payments for up to 6 months.

Public Bank H1 profits stumble over one-off prosperity tax

This was partially offset by higher net interest income.

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