Public Bank Berhad is a premier tier-one universal banking institution in Malaysia. Operating as one of the largest financial services providers in Southeast Asia, it is renowned for its retail lending dominant position, unmatched historical track record of unbroken profitability, and superior asset quality metrics.
Company Overview
Public Bank Berhad is a leading licensed commercial financial institution headquartered at Menara Public Bank along Jalan Ampang in Kuala Lumpur. Founded in 1966 by the legendary late banker Tan Sri Dato’ Sri Dr. Teh Hong Piow, the bank was established with a corporate vision to act as a “bank for the public” to service the general populace and small-to-medium enterprise ecosystems. It was successfully listed on the Main Market of Bursa Malaysia in 1967.
Operating through traditional physical and digital platforms, Public Bank is highly recognized across capital markets for its exceptionally low cost-to-income metrics and safe credit underwriting governance.
Products & Services
- Retail & Consumer Banking: Comprehensive everyday deposits (savings and current accounts), fixed deposits, property mortgages, personal loans, and prominent credit/debit card operations.
- Hire Purchase Financing: Dominant market leader in consumer auto-passenger vehicle loan deployment throughout Malaysia.
- SME & Corporate Lending: Multi-tier working capital financing, project financing lines, commercial property loans, and enterprise trade facilities.
- Fund Management & Unit Trusts: Operates Public Mutual Berhad, the top private unit trust company in Malaysia holding a large slice of the domestic mutual fund market.
- Islamic Banking: Full Shariah-compliant retail deposits, auto financing, commercial contracts, and investment services channeled via its subsidiary, Public Islamic Bank Berhad.
- Investment Banking & Treasury: Equity brokerage, share trading, underwriting facilities via Public Investment Bank Berhad, alongside cross-border foreign exchange and asset hedging.
Target Market
A vast domestic and regional ecosystem composed of mass retail consumers, automotive buyers, high-net-worth premier wealth clients, individual investors, and small-to-medium enterprise (SME) commercial companies.
Company Size
- 314 domestic branch facilities operating actively across Malaysia.
- 157 cross-border overseas branches, managing dominant footprints in Cambodia, Vietnam, Hong Kong, China, Laos, and Sri Lanka.
- 21,500+ full-time corporate and retail banking professionals across the global grid.
- RM560+ Billion in total asset valuation, standing firmly as the third-largest bank in Malaysia by asset strength.
- Serves a total consumer footprint of 9+ Million clients across its regional footprint.
Leadership
- Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director & Chief Executive Officer (MD & CEO)
- Chang Siew Yen, Deputy Chief Executive Officer
- Dato’ Sulaiman bin Abd Manap, Deputy Chief Executive Officer
- Lai Wan, Non-Executive Chairman
Key Highlights
- 60 Years of Unbroken Profitability: Celebrated its Diamond Jubilee (60th Anniversary) in 2026, holding a record-setting track record of continuous profitability since inception.
- Asset Quality Benchmark: Maintains the lowest Gross Impaired Loans (GIL) ratio in the Malaysian banking system, sitting at a robust 0.54%.
- Bourse Titan: Ranked as the 3rd largest capitalized corporate entity listed on Bursa Malaysia with an RM88+ billion market value.
Recent Developments
- September 2026: Honored at The Edge Billion Ringgit Club 2026 Awards, winning prestigious accolades for Highest Return on Equity Over Three Years and Best CR Initiatives.
- August 2026: Reported a 3.7% year-on-year increase in 2Q26 net profit to RM1.82 billion, declaring a total first-interim dividend payout of RM2.04 billion (10.5 sen per share).
- Mid-2026: Fully integrated Alipay+ cross-border digital payment infrastructure inside its proprietary MyPB App, allowing customers instant access to over 80 million merchant hubs across China.
- June 2026: Effectively launched the newly mandated Fixed Rate Reducing Balance Method across its vast hire purchase auto finance portfolios under the Hire Purchase (Amendment) Act 2026.
