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.
Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets
The e-wallets are from SEA, East Asia, and Italy.
Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets
The e-wallets are from SEA, East Asia, and Italy.
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.
Malaysia’s Public Bank enables Google Wallet payments for Visa card holders
They are amongst first to enable it in Malaysia.
Public Bank H1 profits stumble over one-off prosperity tax
This was partially offset by higher net interest income.