Corporate Milestones

Apart from focusing on the domestic market, the Bank is committed to growing its overseas operations, converting its operations in Laos into a wholly-owned subsidiary, which was renamed as Public Bank Lao Ltd.

Public Bank Group’s pre-tax profit increased by 19.9% to RM8.83 billion, surpassing the RM8 billion mark for the first time.

Public Bank’s issued shares increased to 19,410,691,735 ordinary shares upon the issuance of 15,528,553,388 new ordinary shares pursuant to the completion of the Public Bank Bonus Issue.

Public Bank 54th Annual General Meeting broadcasted from Menara Public Bank on 29 June 2020 marked the first virtual AGM for the Bank.

Public Bank was the first bank to adopt the Malaysia’s National QR standard known as DuitNow QR launched by PayNet on 17 July 2019.

Public Bank launched the all-in-one digital payment terminals on 8 November 2018 in partnership with Revenue Group Berhad and was the first bank to roll out such an integrated payment terminal in Malaysia.

Opening of Menara Public Bank 2, a 40-Storey Grade A Green Office Building located at Jalan Raja Chulan, Kuala Lumpur. It is the first bank in Malaysia certified with a green building, with pre-certified Gold rating by the Leader in Energy & Environmental Design under the US Green Building Council as well as a Provisional Gold rating by Malaysia’s own Green Building Index.

Public Bank Vietnam Limited received the licence

Pre-tax profit surpassed RM6 billion for the 1st time.

Completed the merger of ordinary shares of RM1.00 each in Public Bank (PBB Shares) listed and quoted as “Local” and PBB Shares listed and quoted as “Foreign” on the Main Market of Bursa Malaysia Securities Berhad on 16 April 2014.

Public Bank entered into new regional strategic alliance agreement on bancassurance with American International Assurance Company, Limited. 

Pre-tax profit surpassed RM5 billion for the 1st time.

ING PUBLIC Takaful Ehsan Bhd, the joint venture Takaful company set up by Public Bank and Public Islamic Bank Berhad jointly with ING Management Holdings (Malaysia) Sdn Bhd, was launched on 5 April 2011.

Public Islamic Bank Berhad, a wholly-owned subsidiary, opened its first full-fledged Islamic branch offering Shariah-compliant products. 

Total assets surpassed RM200 billion for the 1st time.

Public Islamic Bank Berhad, a wholly-owned subsidiary, commenced business on 1 November 2008 upon the completion of the transfer of the Islamic banking business of Public Bank to Public Islamic Bank Berhad.

Establishment of Campu Lonpac Insurance Plc, a 55% subsidiary of Public Bank Group, to provide general insurance business in Cambodia. 

1st Malaysian bank to issue innovative hybrid Tier-1 capital securities in both the international market in US Dollars of USD200 million and in the domestic market in Ringgit of RM1.2 billion.

Pre-tax profit surpassed RM2 billion for the 1st time.

Completed the merger of the finance company business of Public Finance Berhad with the commercial banking business of Public Bank on 4 September 2004.

Public Bank started buying back its own shares, the first bank in Malaysia to do so. 

Paid-up capital of Public Bank exceeded RM2 billion.

Completed the acquisition of Hock Hua Bank Berhad on 31 March 2001.

Acquisition of Public Merchant Bank Berhad (then known as Sime Merchant Bank Berhad) on 25 October 2000 expanded the Group’s business into merchant banking. 

Paid-up capital of Public Bank exceeded RM1 billion.

Public Bank moved to Menara Public Bank, its present landmark Head Office building in the heart of Kuala Lumpur's central business district.

Commencement of Islamic Banking service with the launch of “Skim Perbankan Tanpa Faedah” and the setting-up of Public Bank’s Islamic Banking Unit.

Establishment of Cambodian Public Bank Plc, presently a wholly-owned subsidiary in Cambodia, on 25 May 1992 and branches in Vientiane, Laos and Colombo, Sri Lanka.

Public Bank became the 1st recipient of the National Annual Corporate Report Awards (NACRA) on 28 January 1991 for the Most Outstanding Annual Report for its 1989 Annual Report.

Acquisition of Public Finance Limited (then known as JCG Finance Company, Limited) in Hong Kong.

Completed the acquisition of PB Securities Sdn Bhd (then known as GP Securities Sdn Bhd) on 1 October 1987, marking the Public Bank Group’s entry into stockbroking business.

An Automated Teller Machine (ATM) was first introduced to Savings Account holders at Kuala Lumpur Main Office on 18 January 1984.

1st RM10 million annual pre-tax profit with RM21 million pre-tax profit achieved for the year.

Public Bank moved to Bangunan Public Bank, the first Head Office building owned by the Bank.

Redesigned of the Public Bank's logo.

Public Bank paid its 1st dividend of 3.5% per ordinary share of RM1.00 each, the start of an unbroken stream of dividends paid by Public Bank for every financial year.

1st RM1 million annual pre-tax profit.

Official opening of Public Bank on 4 April 1967 by Malaysia's first Prime Minister, the late Y.T.M. Tunku Abdul Rahman.

On 6 August 1966, Public Bank first opened its doors for business at No. 4 Jalan Gereja, Kuala Lumpur.