Public Bank

Started in 1966, Public Bank was founded by its Chairman, Tan Sri Dato’ Sri Dr. Teh Hong Piow, as a bank for the public. From a single branch beginning, it has grown to be a premier banking group in Malaysia. Since its inception, Public Bank has played a fundamental role in improving the quality of life of citizens not only in Malaysia but also in other economies in the region. The Public Bank Group now has over 13,300 well trained and committed employees who have the capability of delivering exceptionally strong organic growth as experienced by the Group in the past few years.

Listed on the Main Board of Bursa Securities in 1967, Public Bank is now the largest non-government-linked corporation in Malaysia by market capitalisation which stood at RM26.941 billion at the end of 2006. It is also the third largest banking group in Malaysia by balance sheet size and the third largest lender in the country, controlling 13.2% market share of the lending business in Malaysia.

The Public Bank Group continues to remain focused in its core business of retail banking and maintains its leadership in the retail banking market and is committed to its goal of being a one-stop financial center in Malaysia. The Group’s growth strategy remains unchanged, which is to continue to deliver value to its customers, increase its market share through organic growth and enhance shareholder value through strong and consistent financial performance and efficient capital management.