Corporate Milestones

Locally incorporated a wholly owned banking subsidiary in Lao P.D.R named Public Bank Lao Limited

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.

Pre-tax profit surpassed RM8 billion for the 1st time

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

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's First Virtual AGM

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

First bank to adopt DuitNow QR

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.

Launching of all-in-one digital terminals

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

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.

April 2016
Public Bank Vietnam Limited received the licence

Public Bank Vietnam Limited received the licence

February 2015
Pre-tax profit surpassed RM6 billion

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

March 2014
Merger of ordinary shares of RM1.00 each in PBB Shares

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.

October 2013
New regional strategic alliance with American International Assurance Company, Limited

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

June 2012
Pre-tax profit surpassed RM5 billion

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

August 2011
The set up of ING PUBLIC Takaful Ehsan Bhd

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.

July 2010
First full-fledged Islamic branch

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

August 2009
Total assets surpassed RM200 billion

Total assets surpassed RM200 billion for the 1st time.

May 2008
Public Islamic Bank Berhad commenced business

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.

May 2007
Establishment of Campu Lonpac Insurance Plc

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

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.

September 2005
Pre-tax profit surpassed RM2 billion

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

May 2004
Merger of Public Bank and Public Finance Berhad

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

October 2003
First bank in Malaysia to buy its own shares

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

April 2002
Paid-up capital of Public Bank exceeded RM2 billion

Paid-up capital of Public Bank exceeded RM2 billion.

31 March 2001
Acquisition of Hock Hua Bank Berhad

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

May 2000
Acquisition of Public Merchant Bank Berhad

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. 

May 1998
Paid-up capital of Public Bank exceeded RM1 billion

Paid-up capital of Public Bank exceeded RM1 billion.

Moving to Menara Public Bank

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

June 1993
The setting-up of Public Bank’s Islamic Banking Unit

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

25 May 1992
Establishment of Cambodian Public Bank Plc

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.

28 January 1991
First Recipient of the National Annual Corporate Report Awards (NACRA)

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.

June 1990
Acquisition of Public Finance Limited

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

May 1987
Acquisition of PB Securities Sdn Bhd

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.

First Automated Teller Machine (ATM)

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

May 1980
1st RM10 million annual pre-tax profit

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

Moving to Bangunan Public Bank

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

New Public Bank's logo

Redesigned of the Public Bank's logo.

July 1970
The start of an unbroken stream of dividends paid by Public Bank

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.

June 1969
1st RM1 million annual pre-tax profit

1st RM1 million annual pre-tax profit.

4 April 1967
Official Opening by Malaysia's First Prime Minister

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

6 August 1966
The Beginning of the Bank

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

2023 2023
2022 2022
2021 2021
2020 2020
2019 2019
2018 2018
2017 2017
2016 2016
2015 2015
2014 2014
2013 2013
2012 2012
2011 2011
2010 2010
2009 2009
2008 2008
2007 2007
2006 2006
2005 2005
2004 2004
2003 2003
2002 2002
2001 2001
2000 2000
1998 1998
1996 1996
1993 1993
1992 1992
1991 1991
1990 1990
1987 1987
1984 1984
1980 1980
1978 1978
1971 1971
1970 1970
1969 1969
1967 1967
1966 1966