For Immediate Release

3 June 2019

Spreading Raya Cheer to Orphans Public Bank Organised 2 Charity Events for Orphans
 
The ‘bank for the public’, Public Bank organised two events for orphans to bring happiness and joy to the less fortunate children during the holy month of Ramadhan. The orphanages that were selected are Persatuan Kebajikan An-Najjah Malaysia in Kuala Lumpur and Pusat Jagaan Rumah Kesayangan in Petaling Jaya.
 
Both orphanages have about 120 orphans aged from seven to 17 years old.
 
A continuation of the Bank’s corporate social responsibilities activities all year long, this is part of the Bank’s commitment as a caring corporate citizen.
 
This year, the Bank’s staff visited the orphanage Persatuan Kebajikan An-Najjah Malaysia on May 15 and ‘duit raya’ of RM180 was presented each to the orphans who were present, plus another RM5,000 outright donation for the orphanage to help them with their upkeep.
 
For orphans from the orphanage Pusat Jagaan Rumah Kesayangan, they were given the opportunity to go shopping for ‘baju raya’ at Mydin Hypermarket, Subang Jaya with Bank’s staff on May 16. The orphanage was also given RM5,000 outright donation.
 
Both events ended with the orphans breaking fast with Public Bank’s staff with everybody feeling happy and grateful for the eventful outings.
 

 
Public Affairs Division Director Norida Mohamed (centre, in purple) presented the cheque to Persatuan Kebajikan An-Najjah Malaysia warden Junainah Junit, on behalf of the Bank.
 

A group photo with the orphans from Pusat Jagaan Rumah Kesayangan. Public Affairs Division Director Norida Mohamed (centre, in pink) presented the cheque to Pusat Jagaan Rumah Kesayangan Shafiyah Azmi, on behalf of the Bank.

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For Immediate Release

29 April 2019

For Immediate Release

22 April 2019

Public Bank’s 53rd Annual General Meeting Held On 22 April 2019
 
In conjunction with Public Bank’s 53^rd Annual General Meeting held on 22 April 2019, the Founder, Chairman Emeritus, Director and Adviser of Public Bank, Tan Sri Dato’ Sri Dr. Teh Hong Piow is pleased to present a review of the Public Bank Group’s performance in 2018.
 
Performance Review
 
Tan Sri Teh said, “The Public Bank Group made good business progress and achieved pre-tax profit of RM7.10 billion in 2018. Net profit attributable to shareholders rose by 2.2% to RM5.59 billion in 2018 from RM5.47 billion in 2017. As a result, earnings per share increased by 1.9% to 144.4 sen in 2018.”
 
Tan Sri Teh added, “Despite facing a more challenging business climate, the Public Bank Group was able to sustain stable profitability in 2018 due to its continuous effort to drive revenue growth, coupled with the Group’s strong asset quality and prudent cost management. With that, the Group maintained its leading position amongst domestic banking groups in Malaysia with the highest net return on equity of 14.8%, most efficient cost to income ratio of 33.0% and lowest gross impaired loans ratio of 0.5%.”
 
Tan Sri Teh further added, “In view of the Group’s stable financial performance in 2018, a second interim dividend of 37 sen was paid on 14 March 2019. Together with the first interim dividend of 32 sen paid in September 2018, the shareholders would have received a total dividend of 69 sen per share for 2018.” The total dividends paid amounted to RM2.68 billion, representing a payout of 47.9% of the Group’s net profit in 2018.
 
Healthy Growth in Loans and Customer Deposits
 
The Public Bank Group’s lending activities continued to be driven by the financing of residential properties and passenger vehicles, as well as lending to small and medium enterprises for the purchase of commercial properties and working capital.
 
Tan Sri Teh highlighted that, “Despite intense market competition, the Public Bank Group achieved healthy loans growth of 4.2% in 2018, whilst the Group’s customer deposits expanded by 6.2%.”
 
Tan Sri Teh further added, “The Public Bank Group retained its pole position in the domestic financing for the purchase of residential properties and commercial properties with market shares of 19.8% and 35.2% respectively as at the end of 2018.”
 
Superior Asset Quality
 
Tan Sri Teh said, “The Public Bank Group’s gross impaired loans ratio of 0.5%, which is well below the banking industry’s gross impaired loans ratio of 1.5%, remained the best and ranked no. 1 amongst the Malaysian banking groups.”
 
With the adoption of MFRS 9 on 1 January 2018, the Group's loan loss coverage ratio further increased from 95.5% as at the end of 2017 to 126.0% as at the end of 2018, surpassing the banking industry’s loan loss coverage ratio of 97.9%. With the inclusion of regulatory reserves, the Group’s loan loss coverage ratio would be significantly higher at 237.5%.
 
International Operations
 
In 2018, the pre-tax profit of the Public Bank Group’s international operations increased marginally by 0.4% to RM690.7 million. The Group’s international operations contributed 9.7% to the Group’s total pre-tax profit in 2018, mainly from Public Financial Holdings Limited Group in Hong Kong and Cambodian Public Bank Plc.
 
Tan Sri Teh commented, “The Public Bank Group has been actively growing its business in Vietnam through the expansion of branches. The Group opened five new branches in 2018, bringing the total branches to 18. The Group plans to open 8 new branches in 2019, subject to regulatory approval, to further expand its market presence in Vietnam.”
 
Stable Contribution from Non-Interest Income
 
In view of the more cautious sentiment in the market place, growing fee-based business had been a challenge in 2018. During the year, the Public Bank Group’s fee income growth was mainly driven by its unit trust and banking transaction businesses.
 
Tan Sri Teh said, “The Group’s wholly-owned unit trust management company, Public Mutual, continued to be the major contributor to the Group’s non-interest income. As at the end of 2018, Public Mutual managed a total of 147 unit trust funds which amounted to a net asset value of RM78.75 billion, sustaining its top ranking in the domestic private unit trust business with a significant retail market share of 37.2%.”
 
Healthy Capital and Liquidity Position
 
The Public Bank Group’s capital position remained healthy with its common equity Tier I capital ratio, Tier I capital ratio and total capital ratio, after deducting second interim dividends, standing at 13.1%, 13.7% and 16.3% respectively as at the end of 2018. The Group’s liquidity position also remained healthy, as reflected in its gross loans to fund and equity ratio of 79.0% as at the end of 2018.
 
Tan Sri Teh commented that, “The Public Bank Group will always ensure that its capital and liquidity position comply with regulatory requirements with adequate buffers available to support long term growth as well as pursuit of the Group’s strategic business objectives.”
 
Superior Returns to Shareholders
 
The Public Bank Group continues to deliver consistent and superior returns to its shareholders, both over the medium term and long term.
 
Tan Sri Teh highlighted, “If a shareholder of Public Bank had bought 1,000 shares in Public Bank when it was listed in 1967, and assuming the shareholder had subscribed for all rights issues to date and had not sold any of the Public Bank shares, he would have 148,938 Public Bank shares worth RM3.3 million as at today. In addition, he would have received a total gross dividend of RM1.3 million. This translates into a total value of RM4.6 million, representing a remarkable compounded annual rate of return of 19% for each of the 51 years since 1967.”
 
Digital Initiatives
 
Tan Sri Teh said, “Accelerating digitalisation is one of the Public Bank Group’s key focus area. The Group takes a practical approach in its pursuit of digital initiatives, going along customers’ needs and their readiness to adopt digital-driven services, at the same time mindful of the associated risks such as cyber security threat, and the short life cycle of application as a result of rapid advancement in technology.”
 
As of today, Public Bank has implemented several initiatives for digital payment services in line with industry trend, such as AliPay, Samsung Pay, WeChat Pay and DuitNow. For onboarding of new customers, Public Bank has also implemented the eSignature at all branches, which has significantly reduced the time taken to onboard customers.
 
Public Bank’s internet and mobile banking, PBe and PB engage, continue to be enhanced with new functions and features. In terms of the number of users, Public Bank’s internet and mobile banking have achieved good growth. Between 2014 and 2018, PBe users grew by 25% compounded annual growth rate (“CAGR”) to a total of 2.4 million users. Similarly, PB engage users also grew by 85% CAGR to 1.1 million users.
 
Currently, Public Bank is working on several fintech initiatives such as Big Data Analytics, Open API, eKYC, and blockchain.
 
Tan Sri Teh highlighted, “Over the last three years, Public Bank has invested about RM400 million on IT-related capital expenditure, which include spending on digital infrastructure. Of this amount, about RM90 million was spent specifically on fintech-related initiatives. Going forward, the Bank is planning to invest another RM600 million in the next three years to further enhance ICT infrastructure, digital capability and knowledge.”
 
Corporate Responsibility
 
Tan Sri Teh said, “As the third largest banking group in Malaysia, the Public Bank Group is committed to promote sustainable and responsible banking practices, and continue to maintain a business model that creates value for its stakeholders and the wider community. The Group has played, and continues to play a key role in supporting the broad range of the community’s financial needs - both through the products and services that the Group provides as well as through the funding that the Group contributes to the community.”
 
Through the Public Bank Group’s business, charitable donations and staff volunteerism, the Group continues to create positive social impact which will benefit the communities in which the Group operates. With total tax payment of RM1.53 billion made by the Group in 2018, the Group is a major contributor to the nation’s well-being and development. In recognition of Public Bank’s contribution to the country’s fiscal revenue, Public Bank was one of the 11 recipients of the “Best Tax Payer Award 2018” by Inland Revenue Board of Malaysia.
 
Tan Sri Teh added, “One of the Public Bank Group's key focus area in sustainability is responsible lending, particularly in providing financing for first time home buyers and supporting the financing needs of the SME segment. With a lending portfolio for residential properties and SMEs amounting to RM110.5 billion and RM69.5 billion respectively as at the end of 2018, the Group is the largest domestic financier for these two key segments today, which is a testament to the Group's unwavering commitment in supporting home ownership and SMEs over the years. The Group has also continued to proactively participate in a broad range of government and Bank Negara Malaysia's initiated financing schemes for affordable homes and support of SMEs. For customers who are facing financial difficulties, the Group is committed to provide assistance which range from short term to longer term assistance such as rescheduling or restructuring of loans and granting of moratorium to customers who are affected by natural disaster. All these efforts reflect the integration of sustainability into the Group’s corporate culture, and the Group’s mission and strategies for its banking business.”
 
In 2018, the Public Bank Group has approved more than 42,000 housing loans amounting to RM16.18 billion in Malaysia, of which 62.3% were for the purchase of affordable properties. The Group has also supported the SME segment, the key engine of growth in the country, with easy access and hassle free financing to meet their business needs. In 2018, loans approved for SMEs amounted to RM11.05 billion and accounted for 20.7% of the Group's domestic loans portfolio. This year, the Group has also introduced the Skim Rumah Pertamaku - PB First Home Loan in support of the government's effort to assist low income earners to own a home. In 2018 alone, the Group has granted moratorium to more than 4,000 customers affected by flood which amounted to over RM600 million.
 
Tan Sri Teh further added, “Over the next three years, the Group is targeting to approve a total of RM50 billion of housing loans and RM40 billion of SME loans, demonstrating its continued strong support of the government efforts in promoting home ownership and SME business in the country”.
 
 Recognition of Banking Excellence
 
Over the years, Public Bank, under the astute leadership of its Founder, Chairman Emeritus, Director and Adviser, Tan Sri Dato’ Sri Dr. Teh Hong Piow, has won more than 500 awards in recognition of its banking excellence. These awards were conferred by reputable domestic and international publications as well as independent organisations. In 2018 alone, Public Bank garnered a total of 34 awards. Some of the notable awards received include:

• Best Bank in Malaysia 2018 by Alpha Southeast Asia
• Best Bank In Malaysia 2018 by Euromoney
• Best Retail Bank by Alpha Southeast Asia
• Best Domestic Bank in Malaysia 2018 by The Asset
• The Strongest Bank by Balance Sheet in Malaysia 2018 by The Asian Banker
• 8th Asian Excellence Recognition Awards 2018 for Best Investor Relations Company for Malaysia by Corporate Governance Asia
• The Asset Platinum Award 2018 for Excellence in Environmental, Social and Corporate Governance by The Asset  

In the recent Lipper Fund Awards, Public Mutual broke the record for the most number of Lipper Fund awards won by a single company in a year with a total of 29 awards.

Outlook
 
On the strategic directions and outlook for the Public Bank Group, Tan Sri Teh commented that, “The operating environment is expected to be more challenging. As innovation and the use of technology and information gather pace, the banking landscape will continue to change. To achieve sustainable growth, the Public Bank Group will continue to drive business and digital innovation to support operational efficiency and improve responsiveness. With the Group’s resilient financial performance track record and having overcome all the challenges faced in its 52 years journey, the Group is positive that its sound business model focusing on organic growth strategy in the retail banking business and prudent credit practices will enable the Group to continuously deliver long term value to all its stakeholders.”
 

Y.Bhg. Tan Sri Dato' Sri Dr. Teh Hong Piow
Founder, Chairman Emeritus, Director and Adviser of Public Bank

Y.Bhg. Tan Sri Dato' Sri Dr. Teh Hong Piow
Founder, Chairman Emeritus, Director and Adviser of Public Bank

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For Immediate Release

20 February 2019

For Immediate Release

21 December 2018

Tan Sri Teh Hong Piow Accorded The Best of Best Brand Leadership Award 2018 – Overall Championship

Public Bank’s Founder and Chairman, Tan Sri Dato’ Sri Dr. Teh Hong Piow has done it again with the latest award of the “The Best of Best In Brand Leadership Award 2018 – Overall Championship” by the Asia Pacific Brands Foundation.
 
The award was presented by Dr. KKJohan, President, The BrandLaureate at a ceremony held at the Majestic Hotel, Kuala Lumpur on 20 December 2018.
 
This latest personal-to-holder award is in acknowledgement of Tan Sri Teh’s leadership, one that not only brought success to Public Bank but also inspires and motivates many with his vision and wisdom.
 
Dr. KKJohan in his citation said, “As the key driving force of Public Bank, Tan Sri Teh has steered the Bank to become the largest private bank in Malaysia for the past 50 years with your leadership; a leadership that is well grounded on the foundation of strong vision, diligence, innovation, integrity, responsibility and concern.”
 
“In Corporate Malaysia, Tan Sri Teh’s leadership is hard to match and it has become the benchmark of excellence for the industry and for leaders who aspire to become a strong and dynamic Founder and Chairman like your goodself,” he said.
 
“It is amazing that at 88, many would have rested on their laurels. However, Tan Sri Teh, despite his age, still possesses the zest, passion and determination to see the love of his life, Public Bank, continue to grow and prosper. Having been through many stress tests in his 50 over years of banking including the various financial crisis, one can only be in awe of his business acumen,” he further added.
 
Tan Sri Teh in acknowledging the award said, “Being the Founder and Chairman is a coveted position which is more than simply ‘calling the shots’. It means earning respect and inspiring the entire organisation to pursue excellence for the good of the company.”
 
“Excellence requires discomfort. It cannot be an exception but has to be a prevailing attitude. To arrive at excellence, everyone must adopt the dream as a blueprint and consistently prescribe to a set of shared values.”
 
“In Public Bank, traditional values still hold true. When one is a custodian of public funds and is entrusted with the commodity called money, there is no substitute for integrity, trust and good governance. That is why I always subscribe to the principle that we ‘Do the right thing’ even when nobody is looking,” added Tan Sri Teh.
 
Tan Sri Teh dedicated the award to the Management team and all staff of the Public Bank Group for their unwavering commitment to excellence and loyal dedication for continuous success which have played a large part in him winning the award.
 
At the same night, Public Bank was also bestowed with The BrandLaureate CSR BrandLeadership Awards 2018 - Leadership in CSR.
 
With these latest awards, the Bank has received more than 580 corporate awards of excellence and distinction and Tan Sri Teh has amassed 42 personal-to-holder awards of lifetime excellence and achievements and exemplary leadership.

Y.Bhg. Tan Sri Dato' Sri Dr. Teh Hong Piow
Founder and Chairman of Public Bank

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For Immediate Release

7 December 2018

Public Bank Launches the Red Carpet Banking (RCB) Exclusives and PB RCB Mastercard Premier Debit Cards
 
Public Bank Berhad has on 7 December 2018 launched the Red Carpet Banking (RCB) Exclusives and PB RCB Mastercard Premier Debit Cards which marks an important milestone for the Bank in growing the Bank’s high networth customer base.
 
To-date there are seven (7) RCB Centres located at Wilayah Persekutuan, Johor and Melaka. Moving forward to 2019, Public Bank will expand its RCB services throughout the country to reach broader high networth market and enable more customers to enjoy the RCB benefits and privileges offered by the Bank.
 
The launches of RCB Exclusives and PB RCB Mastercard Premier Debit Cards took place at W Hotel Kuala Lumpur. Present at the launch were Tan Sri Dato’ Sri Tay Ah Lek, Managing Director of Public Bank Berhad, Dato’ Chang Kat Kiam, Deputy Chief Executive Officer of Public Bank Berhad, together with Mr. Perry Ong, Country Manager, Malaysia and Brunei of Mastercard.
 
Tan Sri Dato’ Sri Tay Ah Lek highlighted “The RCB Exclusives offers RCB customers abundance of benefits such as PB RCB Premier Fixed Deposit / Term Deposit–i Campaign, PB RCB Current and Savings Account Campaign, RCB Membership Sign-Up Campaign and RCB Customer Referral Programme.
 
The PB RCB Premier Fixed Deposit / Term Deposit-i Campaign offers FD interest rates / profit rates of up to 4.4% p.a. for 12-month placement while PB RCB CASA Campaign offers 4 types of luxury gift items i.e. Breville Barista Express, Okamizu Food Detoxifier, Grubel Wine Chiller and Lushberry 20” Trolley case for RCB customers who place a prescribed fresh deposit amount into CASA.”
 
In addition, the RCB Membership Sign-Up Campaign offers a selection of sign-up gift exclusively for new RCB members such as Morgan Mini Bar, Panasonic Nanoe Air Purifier, Cuckoo Multi Cooker and Noritake Hampshire Gold Dinner Set. The RCB Customer Referral Programme offers generous rewards to our existing RCB members for every successful referral.
 
In conjunction with the launch of the RCB Exclusives, two (2) new PB RCB Mastercard Premier Debit Cards namely RCB Elite Debit Card and RCB Gold Debit Card, were specially designed and exclusively issued to premier RCB Elite and the RCB Gold members. Both of the PB RCB Mastercard Premium Debit Cards serve as the membership card for the RCB member and allow customers to earn VIP Points on their retail purchases. The VIP Points can be used to redeem items or AirMiles points through PB Redemption Catalogue.
 
Tan Sri Dato’ Sri Tay Ah Lek said, “To mark the occasion, Public Bank will be rewarding our RCB Elite and Gold Debit card holders with three (3) exclusive launch campaigns namely Bonus Activation Points of up to 10,000 VIPS Points, 5% Cash Back on Online and Overseas Transactions and Complimentary Access to Plaza Premium Lounge in Malaysia. These campaigns are aimed not only to reward RCB members, but also to complement their globetrotting lifestyle.”
 
Mr. Perry Ong, Country Manager, Malaysia and Brunei, Mastercard, said, “Mastercard is pleased to partner with Public Bank on the launch of PB RCB Mastercard Premier Debit Cards that will cater to the evolving needs of the country’s growing premium customer segment. These debit cards are better than cash and ATM cards, and will deliver exclusive experiences across dining, luxury accommodations, shopping and entertainment. The new debit cards are also great for travel as they will allow cardholders to make secure and convenient purchases overseas at merchant locations that accept Mastercard.”
 
Public Bank will continue to expand its RCB business throughout the country and focus in enhancing our RCB benefits and privileges to distinguish ourselves from our competitors by offering optimum banking and financial services to our premier customers.
 
To find out more about RCB Exclusive campaigns, customers are welcomed to visit any of our RCB Centres or contact the RCB Centres during normal working hours as follows:
 

Kuala Lumpur City Main Office	03-2176 6717
Bukit Damansara	03-2093 8318
SS2	03-7877 6000
Jalan Raja Chulan	03-2036 8999
Mont Kiara	03-6205 2202
Taman Melaka Raya	06-281 8822
Taman Johor Jaya	07-353 2288

From Left: Ms. Chan Chiew Peng, Senior General Manager of Retail Financial Services of Public Bank, Tan Sri Dato’ Sri Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank, Dato’ Chang Kat Kiam, Deputy Chief Executive Officer of Public Bank, Ms. Carene Khoo Geok Kheng, Director, Wealth Management & Transaction Banking of Public Bank.


From Left: Tan Sri Dato’ Sri Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank, Mr. Perry Ong, Country Manager, Malaysia and Brunei of Mastercard, Dato’ Chang Kat Kiam, Deputy Chief Executive Officer of Public Bank, Ms. Chan Chiew Peng, Senior General Manager of Retail Financial Services of Public Bank.

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For Immediate Release

8 November 2018

Public Bank Launches All-In-One Digital Payment Platform
 
Public Bank Berhad (“Public Bank”) is partnering with REVENUE Group Berhad (“REVENUE” or the “Company,” Bloomberg: REVENUE:MK, Reuters: REVE.KL) to launch the all-in-one digital payment terminals.
 
This all-in-one digital payment terminal has been successfully piloted at selected merchant outlets of Public Bank and will be made available beginning 9 November 2018.
 
The first all-in-one digital payment terminal in Malaysia, developed by REVENUE, will simplify the payment acceptance process as it will enable the physical retail merchants to accept both card payments and mobile wallet payments in a single digital payment terminal thus providing convenience to them.
 
The all-in-one digital payment terminal, a fashionable and compact payment device, is powered by the Android operating platform. It comes with a high definition colour touch screen display and a super fast thermal printer that is neatly hidden below so as to maximise the screen usage for customer performing the electronic transactions.
 
The digital payment terminal has a wide range of connectivity, including 3G, 4G, WiFi and Bluetooth networks, enabling the physical retail merchants to process electronic transactions wirelessly and offer their customers a fast and convenient service experience. It also generates electronic transaction reports every business day to enhance operational efficiency.
 
Public Bank’s Managing Director and Chief Executive Officer Tan Sri Dato’ Sri Tay Ah Lek said, “The digital payment terminal is another ongoing initiative in Public Bank’s digital journey. As at end September 2018, Public Bank has more than 60,000 Electronic Data Capture (“EDC”) terminals nationwide. The Bank will continue with its strategy of increasing its merchant base and adding on more new acceptance services. This is also in-line with Bank Negara’s vision to promote cashless society among consumers. The new all-in-one digital payment terminal will enable the Bank to provide added benefits to new and existing merchants.”
 
Public Bank has a diverse and wide range of merchants spanning across a variety of industry sectors, including food and beverages, retail, fashion, electronics, telecommunications and petrol stations.
 
Attending the launch of this all-in-one digital payment terminals are Public Bank’s valued merchant partners such as AA Pharmacy, Alpro Plus Pharmacy, Hong Kong Sasa, L’occitane and Popular Bookstore.
 
Mr. Eddie Ng Chee Siong, the Managing Director and Group Chief Executive Officer of REVENUE said, “With the rapid development of payment technologies in Malaysia, the all-in-one digital payment terminal will enable its customers to manage a diverse range of payment more efficiently.  As Malaysia is moving towards a cashless society, we are committed to develop innovative product and solution that will help our customers grow their businesses in a fast and evolving operating condition. The all-in-one digital payment terminal will help our customers to strengthen their payment and cash management capabilities.”
 
REVENUE’s all-in-one digital payment terminals can handle mobile Quick Response (“QR”) code payment services including Alipay, Boost, Touch ‘n Go, UnionPay QR and WeChat Pay, as well as card payments such as Visa, MasterCard, MyDebit, JCB and UnionPay, making payment management simpler and more efficient for physical retail merchants.
 
Through this digital payment terminal, physical retail merchants will be able to accept payment through multiple channel involving QR codes, near-field communications, chip cards and traditional magnetic stripe cards.
 
The milestone event was launched by Tan Sri Dato’ Sri Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank; Dato’ Chang Kat Kiam, Deputy Chief Executive Officer of Public Bank; Mr. Eddie Ng; Mr. Brian Ng Shih Chiow, Executive Director and Group Chief Operations Officer of REVENUE and Mr. Dino Ng Shih Fang, Executive Director and Group Chief Technology Officer of REVENUE.
 
About Public Bank Berhad
 
Founded in 1966 by Tan Sri Dato’ Sri Dr. Teh Hong Piow and listed on the Main Board of Bursa Securities Malaysia in 1967, Public Bank Berhad is today the leading financial services provider serving over six million customers in Malaysia. Known for its prudent management and strong corporate governance, Public Bank Berhad continues to be accorded international and domestic awards and accolades.
 
The Group continues to commit to deliver excellent customer service and to be more innovative in providing superior financial products and services to meet increasingly sophisticated customer demand. For more information, visit www.pbebank.com.
 
About REVENUE Group Berhad
 
Established in 2003, with 15 years of operating history in the electronic payments industry in Malaysia, REVENUE has been servicing different customers including banks, non-bank institutions, physical store merchants, online store merchants and e-money payment scheme.
 
REVENUE’s products and services are divided into three segments, namely deployment of EDC terminals, electronic transaction processing and solutions and services related to payments infrastructure.
 
REVENUE offers a wide range of technology-led multi-channel payment solutions to different customers through its flagship platform, revPAY that provides the connectivity between front-end to back-end solutions.
 
Through its revPAY platform, REVENUE offers a single platform which facilitates the acceptance of payment transactions across various payment channels from physical EDC terminals to virtual payments (via e-commerce and mobile commerce channels) to QR Payment, thereby providing cost effective solutions to its customers.
 

From Left: Ms. Chan Chiew Peng, Senior General Manager of Retail Financial Services of Public Bank, Dato’ Chang Kat Kiam, Deputy Chief Executive Officer of Public Bank, Tan Sri Dato’ Sri Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank, Mr. Eddie Ng, Managing Director and Group Chief Executive Officer of REVENUE, Mr. Brian Ng, Executive Director and Group Chief Operating Officer of REVENUE, Mr. Dino Ng, Executive Director and Group Chief Technology Officer of REVENUE during the launching of All-In-One Digital Payment Terminal.

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