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| Public Bank headquarters |
Public Bank Berhad (PBB), founded in 1966 by Tan Sri Teh Hong Piow, is one of the leading providers of financial services in Malaysia with total assets of RM 380.053 billion (US$85 billion). PBB is the third largest domestic bank by market capitalization and balance sheet and one of the most efficient banks in the country as reflected by its low cost to income ratio. The company provides a wide array of banking products and financial services including consumer banking, commercial banking, investment banking, Islamic banking as well as share broking, trustee services, wealth management and insurance. With 18,651 employees, it serves over nine million customers through 260 branches and 2,000 ATMs in Malaysia, 82 branches in Hong Kong, 4 branches in the People's Republic of China, 30 branches in Cambodia, 7 branches in Vietnam, 4 branches in Laos, 3 branches in Sri Lanka and representative offices in Shanghai, Shenyang and Taipei. In Hong Kong, the Group is an industry leader in personal consumer financing. As of December 31, 2016, Public Bank Group had customer deposits of RM 309.974 billion, loans of RM 292.429 billion and shareholders’ equity of RM 34.2 billion. Net income and total revenue in 2016 amounted to RM 9.956 billion and RM 20.103 billion, respectively.
Credit Ratings:
Moody's: A3/P-2/Positive
Standard & Poor's: A-/A-2/Stable
Rating Agency Malaysia: AAA/P1/Stable
Head Office address:
Menara Public Bank
146, Jalan Ampang, 50450 Kuala Lumpur
Phone: +603- 2176 6000
Fax: + 603-2163 9917
Swift: PBBEMYKL
Market capitalization: RM 77 billion (March 2017)
Website: www.pbebank.com, www.publicbankgroup.com
Public Bank (Hong Kong) Ltd
Public Bank Centre
120, Des Voeux Rd
Central, Hong Kong
Phone: (852) 8107 0818
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Tan Sri Dato’ Sri Dr. Teh Hong Piow, the Chairman, owns nearly a quarter of Public Bank. He began his banking career in 1950 and has 70 years experience in the banking industry. Teh Hong Piow founded Public Bank in 1965 at the age of 35. His net worth is estimated by Forbes to be US$4.7 billion (March 2017). He is the fourth-richest man in Malaysia. |