PBBank (Public Bank Bhd)
Public Bank Berhad (MYX: 1295) is a bank with headquarters in Kuala Lumpur, Malaysia, that provides financial services in Asia-Pacific and Malaysia. Teh Hong Piow, the then-general manager of Malayan Banking, formed the bank in 1966. In 1967, the bank went public on the Malaysian Stock Exchange. With assets exceeding RM 363.76 billion (US$91.26 billion) and a market value of RM 71.90 billion (US$18.04 billion) in 2015, Public Bank is one of the biggest banks in Southeast Asia at the moment.
In terms of shareholders' funds, Public Bank is the biggest bank in Malaysia, followed by Maybank and CIMB in terms of market capitalization and total assets, respectively. A wide variety of financial services and products are currently provided by Public Bank, including personal banking, business banking, Islamic banking, investment banking, share brokerage, trustee services, nominee services, the sale and management of unit trust funds, bancassurance, and general insurance products. The objective of Public Bank is to expand its retail banking operations, focusing in particular on small and medium businesses and retail customers ("SMEs").
PBBank (Public Bank Bhd) has a market value of $3.55 billion as of April 2023. By market capitalization, this places PBBank (Public Bank Bhd) as the 2895th most valuable corporation in the world. The most recent financial reports from PBBank (Public Bank Bhd) show that the company's current revenue (TTM) is $3.04 billion. The company generated $3.01 billion in revenue in 2021, an increase from $2.69 billion in 2020.
Founded: 1966
Headquarters: Kuala Lumpur, Malaysia
Website: www.pbebank.com