Public Bank
Public Bank is a Malaysian bank based in Kuala Lumpur. It is currently one of the biggest banks in Southeast Asia, with over $91b in assets and $18b market capitalization.
It is the largest bank in Malaysia by shareholders' funds; second largest by market capitalization, just behind Maybank; and third largest by total assets, behind Maybank and CIMB.
The bank currently has a network of 259 branches and over 2000 self terminals in Malaysia alone.
Public Bank offers repayment relief to Malaysia flood victims
Customers affected by the floods can defer monthly loan payments for up to 6 months.
Public Bank offers repayment relief to Malaysia flood victims
Customers affected by the floods can defer monthly loan payments for up to 6 months.
Malaysia’s Public Bank enables Google Wallet payments for Visa card holders
They are amongst first to enable it in Malaysia.
Public Bank H1 profits stumble over one-off prosperity tax
This was partially offset by higher net interest income.
Public Bank raises lending rate, fixed deposit rate by 0.25%
This follows after the local regulator raised its policy rate by 25 basis points.
Public Bank net profits down 8.6% in Q1 as one-off tax bites
The operating environment remains challenging, the bank’s founder said.
Malaysia’s Public Bank raises lending rate by 0.25%
The new base rate will be 2.25%, and base lending rate at 5.72%
Public Bank is increasing its Base Rate (BR), Base Lending Rate (BLR) / Base Financing Rate (BFR) by 0.25%, effective 13 May.
The bank’s new BR will be at 2.52% from 2.27%, whilst the BLR/BFR will be at 5.72% from 5.47%.
The bank’s fixed deposit rates will also be increased by 0.25% across all tenures.
The move came following Bank Negara Malaysia’s Overnight Policy Rate (OPR) hike by 25 basis points from 1.75% to 2.00% on 11 May.
Malaysia’s Public Bank offers 6-month moratorium to customers
This is in line with the Pemulih stimulus package announced by the government.
Public Bank reassures COVID-hit loan customers it will continue to offer support
The bank has assisted over 160,000 customers affected by the pandemic.
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Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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