Public Bank Berhad
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.
Menara Public Bank, Public Bank Berhad headquarters in Kuala Lumpur, Malaysia. | |
| Company type | Public limited company |
|---|---|
| MYX: 1295 | |
| ISIN | MYL1295OO004 |
| Industry | Banking and finance |
| Founded | 1966 |
| Founder | Teh Hong Piow |
| Headquarters | Kuala Lumpur, Malaysia |
Area served | Asia-Pacific |
Key people |
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| Products | Financial services |
| Revenue | RM22.45 billion (US$5.49 billion) (2019) |
| RM7.13 billion (US$1.74 billion) (2019) | |
| RM5.51 billion (US$1.35 billion) (2019) | |
| Total assets | RM432.8 billion (US$105.82 billion) (2019) |
Number of employees | >18,000 |
| Website | www |
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 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.
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").