Public Bank posts higher 2Q net profit of RM1.62 bln, declares 9 sen dividend
KUALA LUMPUR: Public Bank Bhd posted a higher net profit of RM1.62 billion for the second quarter ended June 30, 2023 (2Q FY2023) compared with RM1.42 billion in 2Q FY2022. Revenue jumped to RM6.26 billion from RM4.97 billion previously, it said in a Bursa Malaysia filing today. For the first half ended June 30, 2023 […]
MP calls on Public Bank to step up internet banking security
KUCHING: Sarawak Democratic Action Party (DAP) chairman Chong Chieng Jen has warned the public not to easily trust online ads found on social media websites. The Stampin MP warned the public this after helping a woman who ended up losing RM44,074.49 in eight unauthorised bank transfers within a short span of less than an hour, […]
Public Bank’s FY2021 net profit rises to RM5.66B
KUALA LUMPUR: Public Bank Bhd’s net profit increased to RM5.66 billion in the financial year ended Dec 31, 2021 (FY2021) from RM4.87 billion a year earlier. However, its revenue was lower at RM19.62 billion from RM20.30 billion previously. Public Bank founder and chairman emeritus Tan Sri Teh Hong Piow said the group’s sound fundamentals and […]
A well-deserved break with Public Bank
By Rachel Mina KUCHING: Public Bank credit and debit card members can now enjoy a variety of attractive benefits for flights, accommodations, food and beverages, and holiday activities through the Cuti-Cuti Malaysia promotion. According to Public Bank managing director and chief executive officer Tan Sri Tay Ah Lek, the bank has announced a series […]
Public Bank Group denies involvement with new bank in Cambodia
KUCHING: Public Bank Group recently denied any involvement in a joint venture with G Capital Bhd to establish a new bank in Cambodia. “It has come to the bank’s attention of a news article pertaining to an agreement between Datuk Phan Ying Tong and some parties to establish a new bank in Cambodia, in which […]
RHB maintains ‘buy’ call on Public Bank
KUALA LUMPUR: RHB Investment Bank has reiterated its “buy” call on Public Bank Bhd (PBB) with a new target price (TP) of RM21.60 from RM20.60 previously as it will continue to command premium valuations, given its defensive qualities in the challenging economic environment. In a research note today, RHB said PBB’s credit cost guidance has […]
Public Bank to continue repayment aid
KUCHING: With the recent resurgence of Covid-19, Public Bank has reassured customers that its commitment and provision of repayment assistance will continue nationwide. “In addition to the rescheduling of repayment plan for customers who encounter a reduction in income, all applications by customers who are unemployed arising from the pandemic have been granted a further […]
Public Bank to provide assistance
LOAN REPAYMENT KUCHING: Public Bank stands ready to provide loan repayment assistance for its customers who continue to experience difficulties in servicing their loans upon the expiry of the six-month loan moratorium on September 30 this year. In a press statement, Public Bank said it had developed a loan repayment assistance programme to support individual […]
Public Bank posts RM5.51 bln net profit For FY19
KUALA LUMPUR: Public Bank Bhd’s net profit eased to RM5.51 billion for the financial year ended Dec 31, 2019 (FY19) from RM5.59 billion recorded in the preceding financial year. Revenue, however, rose to RM22.45 billion from RM22.04 billion previously. In a filing with Bursa Malaysia, founder and chairman emeritus Tan Sri Dr Teh Hong Piow said 2019 was […]
