Public Bank

The Public Bank Group, established by its Founder and Chairman, Tan Sri Dato' Sri Dr. Teh Hong Piow, is the third largest banking group in Malaysia with an asset size of RM345.72 billion as at the end of 2014. Public Bank is the third largest company listed on the Main Market of Bursa Malaysia Securities with a market capitalisation of RM71.04 billion as at the end of 2014. Since its humble beginning in 1966, the Group has grown from strength to strength to its current premier banking group status with staff strength of over 18,000 across the region. Today, the Public Bank Group 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. The Group's strategy remains focused on organic growth in the retail banking business particularly on the retail consumers and small and medium enterprises ("SMEs"). The Group is committed to sustain its strong business performance and leading market shares to maintain its premier status in the Malaysian banking industry. Public Bank reaches out to its customers via a network of 259 well distributed branches and 1,801 self service terminals in Malaysia. The Group has presence in the region with a network of 83 branches in Hong Kong, 3 branches in China, 27 branches in Cambodia, 7 branches in Vietnam, 4 branches in Laos and 3 branches in Sri Lanka. Collectively, the Group serves more than 9 million customers in countries where it operates. With consistent financial performance and prudent management, the Public Bank Group continues to be accorded with strong credit and financial ratings from local and foreign rating agencies. Standard & Poor's reaffirmed Public Bank's A- long-term rating and A-2 short-term counterparty credit rating with stable outlook. Moody's Investors Service also reaffirmed Public Bank's foreign currency long-term deposit rating of A3 and short-term deposit rating of P-2 with a positive outlook. Rating Agency Malaysia reaffirmed the Bank's long-term rating of AAA, the highest rating accorded by Rating Agency Malaysia, and its short-term rating of P1. The Public Bank Group has also been bestowed with numerous best bank awards and excellence in corporate governance awards by both domestic and international publications as well as independent organisations in recognition of the Group's financial performance and distinction in the key areas of its operations. Not resting on its laurels, the Group will continue to strive for greater performance excellence. As a responsible corporate citizen, the Public Bank Group is committed to its corporate social responsibility initiatives which focus on nation building, enhancement of the market place, promotion of the work place and environment conservation. The Group supports the community by participating in programmes involving education, graduate employment, professional development, healthcare as well as support of the underprivileged. The Group will continue to seek out ways to enrich the lives of those around by doing its part for the community.