Public Bank Berhad

Topics: Bank, Financial services, Customer Pages: 13 (4099 words) Published: October 2, 2012
Public Bank was established in August 1966 by its Founder and Chairman, Tan Sri Dato’Sri Dr. The Hong Piow. Beginning from a single branch, 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 life of citizens. Today, Public Bank is a leading provider of financial services in Malaysia with overseas banking operation in Hong Kong, China, Cambodia, Laos, Sri Lanka, and Vietnam. The Public Bank Group has a total of 401 branches and over 17,500 employees, which serves the financial needs over eight million customers from all walks of life in Malaysia and in other countries it operate.

In year 1967, Public Bank was listed on the Main Board of Bursa Securities (Malaysian Stock Exchange). Now, Public Bank is the most recognised brand in the Malaysian financial services industry for its strong brand promise. In terms of size, it is the largest non-government-linked corporation in Malaysia by market capitalisation, which indicate RM47 billion as at the end of 2011. It is also the third largest banking group in Malaysia by asset size, with total assets of RM249 billion as at the end of 2011. Furthermore, it is the third largest lender in the country, controlling about 13.2% market share of the lending business in Malaysia. Currently, Public Bank is the biggest domestic bank in Malaysia by shareholders’ funds.

Over the years, the Public Bank Group has been part of the strong catalysts to support Malaysia’s economic development. Public Bank now has transformed into a strong and successful financial institution. As a financial conglomerate, the Public Bank Group offers a wide range of competitive and innovative products and services in the areas of commercial banking, investment banking, Islamic banking, credit cards, share broking, sales and management of unit trust funds, bancassurance and general insurance products and other related financial services such as trustee and nominee services. It is also an industry leader in home mortgage financing, vehicle hire purchase financing and commercial lending to small and medium sized enterprises (SMEs) in Malaysia. In order to become more competitive, it has also enhanced its internet banking and mobile banking services. 

Today, Public Bank has well-reputed for its prudent management, high profitability, excellent corporate governance and leadership, superior asset quality, healthy capitalisation, strong credit and financial ratings and well-established corporate culture. As a top-tier bank in Malaysia, Public Bank has the best overall financials among local banks. CORPORATE MISSION

Mission of Public Bank is to sustain the position of being the most efficient, profitable, and respected premier financial institution in Malaysia. CORPORATE GOVERNANCE
i. Board of Directors (BOD)

ii. Top Management
Board Executive Committee| Group Management Profile|
Tan Sri Dato' Sri Dr. Teh Hong Piow(Chairman)| Dato’ Chang Kat Kiam(Chief Operating Officer, Public Bank Berhad)| Tan Sri Dato' Sri Tay Ah Lek (Managing Director/Chief Executive Officer)| Teoh Cheng Soon(Chief Executive Officer, Public Investment Bank Berhad)| Dato’ Sri Lee Kong Lam(Executive Director)| Abu Hassan Assari bin Ibrahim(Chief Executive Officer, Public Islamic Bank Berhad)| | Yeoh Kim Hong (Ms)(Chief Executive Officer, Public Mutual Berhad)| | Tan Yoke Kong(Executive Director & Chief Executive, Public Bank (Hong Kong) Limited)| | Lee Huat Oon(General Manager/Chief Executive, Public Finance Limited)| | Phan Ying Tong(Country Head, Cambodian Public Bank Plc)|

Profitability Ratios| 2009| 2010| 2011|
Net interest margin (NIM)| 3.2| 3.4| 3.3|
Return on equity (ROE)| 26.1| 27.1| 26.8|
Return on investment (ROI)| 1.6| 1.8| 1.9|
Earnings per share (EPS) (sen)| 73.3| 87.2| 99.5|
Asset Quality Ratios| | | |
Net loan to deposit...
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