Cambodian Public Bank Honoured as the ‘Best CSR Bank in Cambodia’ for 2023
Cambodian Public Bank has been recognised as the ‘Best CSR Bank in Cambodia’ for 2023 by Global Banking and Finance Review on 22 December 2023.
The award acknowledged the Bank’s exceptional commitment to corporate social responsibility (CSR) initiatives and highlights its dedication to making a positive impact in the communities it serves, setting a benchmark for social responsibility in the banking sector.
‘Leadership in Credit Volume’ for Cambodian Public Bank
It was another significant milestone for Cambodian Public Bank when honoured with the ‘Leadership in Credit Volume’ award for the year 2023 by Mastercard. The prestigious recognition was received during the Mastercard Client Appreciation Night 2023 at Sofitel Phnom Penh Phokeethra Hotel, Cambodia on 1 December 2023.
Mr. Ong Ming Teck, Chief Executive Officer of Cambodian Public Bank, received the award from Ms. Winnie Wong, Country Manager for Vietnam, Laos, and Cambodia of Mastercard, marking a notable achievement for the Bank in its commitment to excellence in financial services.
Mr. Ong Ming Teck (left) receiving the ‘Leadership in Credit Volume’ award from Ms. Wong Winnie (right)
Public Bank Recognised for its Contribution on SME Empowerment
Public Bank was honoured with the ‘Excellence Partner of the Year’ award for its significant contributions to SME empowerment. FlexHR presented the accolade to the Bank during its FlexHR Annual Workshop 2023 at Berjaya Times Square, Kuala Lumpur on 9 November 2023.
The recognition acknowledges the Bank's commitment to SME growth through its PB enterprise Digital SME Assist program. By collaborating with various tech companies, Public Bank has provided SMEs with a strong platform to enhance their digital capabilities that are essential for thriving in the modern business landscapes.
Growing Greener: Public Bank Group’s Tree Planting Collaboration
In a remarkable display of environmental stewardship, Public Bank Group has taken a significant step as part of our Environmental, Social and Governance (ESG) strategy to contribute to the National 100 Million Tree Planting Campaign 2021-2025 implemented by the Ministry of Natural Resources, Environment and Climate Change (NRECC) Malaysia.
The Group collaborated with Yayasan Hijau Malaysia and Selangor State Forestry to initiate a tree-planting programme where 100 trees were planted at Bukit Cherakah Forest Reserve on 20 January 2024, setting the stage for a more sustainable future. The initiative was complemented with a donation of RM109,450 to Yayasan Hijau Malaysia and to achieve the target to plant a total of 1,000 trees by the end of 2024.
Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director of Public Bank (fifth right), Tuan Azhar Bin Ahmad, Director of Selangor State Forestry (third left), Dr. Nurul Muiz Bin Murad, Chief Executive Officer of Yayasan Hijau Malaysia (second left) and Public Bank Group’s Management Team
Public Bank volunteers and members, Yayasan Hijau Malaysia and Selangor State Forestry cheering before the tree planting session
Tan Sri Tay Ah Lek presenting the donation cheque to Dr. Nurul Muiz Bin Murad
RM6.65 Billion Pre-Tax Profit for 2023 and 10.0 Sen Second Interim Dividend Declaration
For the financial year of 2023, the Public Bank Group achieved a pre-tax profit of RM8.54 billion and net profit of RM6.65 billion.
The stable profit performance was mainly attributed to the continued growth of loans and deposits, as well as the improvement in non-interest income and lower loan loss allowances. In view of the resilient financial performance, the Board of Directors of Public Bank declared a second interim dividend of 10.0 sen per share.
The Group continued to progress in sustainable finance, mobilising over RM53 billion for eco-friendly projects and joining the Partnership for Carbon Accounting Financials to advance towards a net zero carbon commitment. Public Bank Group’s community contributions and continuous inclusion in the FTSE4Good indices reflect its commitment to environmental, social, and governance (ESG) goals.
The global economy is expected to grow in 2024, with downside risks weighed by the anticipated downtrend in external trades, slower momentum in major economies, protracted geopolitical tension(s) and tight financial market conditions. This global economy involves most major economies such as the US, euro area and Japan.
Tan Sri Dato’ Sri Dr. Tay Ah Lek said in a statement dated 28 February 2024, “This year is going to be another year of challenges. However, given the domestic bank’s strong fundamentals with healthy capital and liquidity buffers, coupled with the sufficient pre-emptive provisioning and prudent coverage ratios, the banking sector will remain resilient in navigating any headwinds. The banking sector will continue to play its key role in supporting the nation’s development and serving the people’s financial needs.”
Tan Sri Tay concluded, “The Public Bank Group will remain focused on growing its core retail and commercial banking business, while strengthening its commitments in the areas of environmental, social and governance. The Group will ensure it remains relevant and resilient as it continues to serve the best interest of all its stakeholders.”
Public Bank was honoured to receive the prestigious Elite Quality Recognition Awards from JP Morgan Chase Bank, N.A. for achieving high Straight-Through Processing (STP) rates in international payment instruction (MT103/pacs.008 and MT202/pacs.009) for 2022 and 2023.
This achievement marked 22nd consecutive year of Public Bank achieving the best-in-class STP rates from JP Morgan Chase Bank.
On top of the Elite Quality Recognition Award, for the first time ever, the Bank was presented with the Elite Platinum Quality Recognition Award in 2023. The criteria for the Platinum Awards is achieving at least a volume of 120,000 outward transactions annually with above 99% STP rates.
Mr. Vinay Bhalotia, Malaysia Head of FIG, JP Morgan Chase presented the award to Ms. Yik Sook Ling, Chief Financial Officer, represented the Bank at Menara Public Bank on 7 March 2024.
From left: Mr. Vinay Bhalotia, Mr. Bacil Fernandez, Ms. Yik Sook Ling, Ms. Nancy Loke, and Ms. Tan Siew Liang, Vice President of FIG (JP Morgan Chase) during award presentation
Vietnam witnessed a remarkable expansion where Public Bank Vietnam (PBVN) significantly multiplied its footprint in Vietnam by inaugurating 5 Transaction Bureaus (TB) and a branch across Hanoi, Danang, and Ho Chi Minh City from 19 October to 29 November 2023. These new openings brought the total number of PBVN locations nationwide to 40.
The opening ceremonies were attended by notable figures namely, Mr. Chee Keng Eng, General Director of PBVN, His Excellency Dato’ Tan Yang Thai, Malaysian Ambassador to Vietnam, and Mr. Firdauz Othman, Consul General of Malaysia. Plus, the Cam Le TB grand opening was also attended by Mr. Vo Minh, Director of State Bank of Vietnam Danang on 28 November 2023.
The expansion underscores PBVN’s commitment to serving the Vietnamese market, which has seen a rapid growth from 7 to 40 branches since its incorporation in April 2016. A special #PBVN40 banner was unveiled at the Nha Be TB opening, celebrating this significant milestone.
Public Bank Vietnam to Acquire RHB Securities Vietnam Company Limited
Public Bank Vietnam (PBVN) entered into a Sale and Purchase Agreement (SPA) with RHB Investment Bank Berhad, a wholly owned subsidiary of RHB Bank Berhad on 19 February 2024 to purchase the RHB Securities Vietnam Company Limited (RHBSVN), securing a 100% equity interest.
This acquisition resulted in PBVN acquiring fully of the RHBSVN. Valued at VND374 billion, equivalent to RM72.55 million based on Bank Negara Malaysia’s exchange rate of RM1:VND5, 155 as at 31 January 2024 were expected to be completed in the second quarter of 2024 marked a significant expansion of PBVN’s securities trading operations and strengthens its presence in the Indo-China market.
The acquisition aligns with PBVN’s strategy to leverage its established Vietnamese clientele and broaden its regional influence.
Harnessing the collaborative power of finance and faith, Public Islamic Bank (PIBB) has sown seeds of prosperity in Sik, Kedah, fortifying the local economy through strategic partnership and social finance.
The Memorandum of Understanding (MoU) was signed on 26 November 2023, with iTEKAD 2.0 programme, a union of PIBB, Lembaga Zakat Negeri Kedah (LZNK) and Universiti Utara Malaysia (UUM), promises to transform Sik into flourishing ecotourism hub.
The programme was complemented by the distribution of three units of plowing machines from PIBB for the Smart Sawah Programme benefitting the selected farmers allocated by LZNK. This initiative not only targets economic revitalisation but also tackles food security, marking a significant stride in integrating ESG elements into PIBB’s operations.
This comprehensive approach unites seed capital, structured training, and microfinancing, fostering a resilient community of micro entrepreneurs and stewarding a future of sustainable development.
Handover of Mock Cheque to LZNK and Smart Sawah programme’s participants
Public Bank had participated in ‘Putrajaya Open Day 2024’ at Kompleks Perbadanan Putrajaya, Presint 3 scheduled from 1 to 4 February 2024. The programme held in conjunction with the celebration of ‘Federal Territory Day’ aimed to provide education and awareness on how to recognise scam calls as well as to share tips on how to avoid becoming a victim of online scams or other cyber threats.
An interactive booth and scam standee were set up to allow any public/passerby to take note on the scam awareness. A total of 1,800 pieces of scam brochures had been directly distributed to the public which effectively increase their knowledge on scam.
A talk on ‘Current Fraud Trends’ and ‘Safety Tips to avoid falling victims to scams’ had been conducted to an estimate crowd of around 200 people in Dewan Melati.
Public Bank has stationed its well-trained staff on-ground in ‘Karnival Hasil 2024’ organised by LHDN at Menara Hasil Cyberjaya.
The event was held from 29 February to 2 March 2024 to inform and equip the public with the necessary information and awareness on the different types of tactics involving frauds and scams.
Temasya Piala Ketua Polis Negara Tahun 2024, Johor
Polis DiRaja Malaysia (PDRM) has invited Public Bank to attend ‘Temasya Piala Ketua Polis Negara 2024’ held from 7 to 8 February 2024.
To further empower and educate customers on ways to protect themselves against frauds and scams, the Bank has stepped up its efforts by distributing the scam brochures and educate the public with the necessary information on the importance of Online Security.
Certificate of Appreciation in Conjunction with the Commercial Crime Investigation Department (CCID) Monthly Gathering February 2024 Commercial Crime in February 2024
Commercial Crime Investigation Department (CCID) has nominated Mr. Mageswaran Nagarajoo as the receiver for certificate of appreciation from YDH Dato’ Sri Ramli Bin Mohamed Yoosuf, Director of CCID together with YDH DCP Dato’ Rohaimi Bin Md Isa, Deputy Director of CCID on 28 February 2024 at Menara KPJ Kuala Lumpur.
The appreciation was received for collaborating with Internet Banking Task Force (IBTF), PDRM, PayNet, Cyber Security Malaysia, BNM and ABM in combating potential online security threats.
Fraud Literacy Programme, an initiative by Association of Banks in Malaysia (ABM) aimed at fostering scam literacy among students through collaboration with universities.
The objective of this campaign is to empower the next generation of leaders with the necessary knowledge to stay vigilant against scams and protect themselves from getting scammed in an evolving digital environment.
A Small Working Group (SWG) committee led by Public Bank will be conducting talks on types of scam as well as tips on how to avoid from being a victim.
#JanganKenaScam Scam Awareness Talk was conducted at Universiti Tunku Abdul Rahman (UTAR) on 6 March 2024.
#JanganKenaScam Fraud Literacy Programme With Universities
Public Bank participated in the ‘Fraud Literacy Programme’, a programme designed to equip the generation with necessary knowledge to be more vigilant against scams and how to better protect themselves from being a scam victim with the constantly evolving digital environment.
The Scam Awareness Talk was held at Universiti Teknologi MARA (UiTM) on 27 April 2024
The Scam Awareness Talk was held at UCSI University on 24 May 2024
Strengthening Ties Between Cambodian Public Bank and NBC
In a significant move to bolster financial cooperation, Mr. Lai Wan, Chairman of Public Bank, Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director and Chief Executive Officer (CEO) of Public Bank and Dato’ Mohamed Najeeb bin Abdullah, Chairman of Cambodian Public Bank paid a courtesy visit to Her Excellency Dr. Chea Serey, Governor of the National Bank of Cambodia (NBC).
The meeting took place at the Majestic Hotel, Kuala Lumpur on 27 February 2024 during which a Memorandum of Understanding (MoU) was signed with Bank Negara Malaysia. This MoU aimed to drive financial innovation and enhance secure cross-border payments between the two Central Banks.
Tan Sri Tay congratulated Dr. Chea Serey on her new role as Governor of NBC and praised the Bank’s initiatives including the de-dollarisation of the Cambodian economy and the expansion of the Bakong Payment System to India and China. He commended the NBC’s support for Cambodian Public Bank, assuring continued collaboration to improve Cambodia’s banking sector.
Dr. Chea Serey expressed gratitude for the visit and shared insights on Cambodia’s economic recovery post-COVID-19, along with updates on the Bakong Payment System.
Mr. Lai Wan (sixth left), Tan Sri Dato’ Sri Dr. Tay Ah Lek (sixth right), Dato’ Mohamed Najeeb bin Abdullah together with Her Excellency Dr. Chea Serey (centre), Mr. Rath Sovannorak, Deputy Governor of the NBC (fifth left) and Senior Officials of the NBC during the courtesy visit
Forging Stronger Trade Partnerships At Business Forum
In conjunction with the first official visit to Malaysia by Cambodia’s new Prime Minister, his Excellency Samdech Thipadei Hun Manet, Cambodian Public Bank sponsored a sum of USD10,000 as the platinum sponsor for the Malaysia-Cambodia Business Forum, which was jointly organised by the Cambodia Chamber of commerce and the Malaysia Business Chamber of Commerce.
The Forum was held at the Majestic Hotel in Kuala Lumpur on 27 February 2024 and was supported by the Malaysian Investment Development Authority (MIDA), Malaysia External Trade Development Corporation (MATRADE) and National Chamber of Commerce and Industry of Malaysia (NCCIM).
His Excellency Samdech Thipadei Hun Manet (centre), Prime Minister of Cambodia, Neak Oknha Kith Meng, President of Cambodia Chamber of Commerce (CCC) (eighth left), Oknha Tan Khee Meng, President of Malaysian Business Chamber of Cambodia (sixth right), Mr. Ong Ming Teck, CEO of Campu Bank (seventh left) at the Malaysia-Cambodia Business Forum at the Majestic Hotel
Mr. Lim Say Huat, Director of Overseas Operations Division (fifth left) and Mr. Ong Ming Teck (fifth right) and together with representatives from the Bank
Cambodian Public Bank Receives Prestigious VISA International Award
On 21 February 2024, Cambodian Public Bank was honoured with six prestigious Leadership Awards from VISA International, recognising its excellence in credit payment and affluent credit spend. This remarkable achievement underscores the Bank’s commitment to providing top-tier financial services and its leadership in the banking sector.
The awards received include Leadership in Spend per Active Card for Visa Credit in Affluent Segment 2023, Leadership in Spend per Active Card for Visa Debit in Affluent Segment 2023, Leadership in Consumer Credit Payment Volume 2023, Leadership in Domestic Merchant Sales Volume 2023, Champion of Security Issuing Award 2023, and Champion of Security Acquiring Award 2023. The Bank’s dedication to innovation and security continues to set a high standard in the banking industry, promising an even brighter future for its clients and stakeholders.
Championing Financial Education for Students With Sponsorship
As part of its Corporate Social Responsibility (CSR) efforts, Cambodian Public Bank has allocated USD5,000 to support the Financial Education Programme in schools. This initiative, launched by the National Bank of Cambodia (NBC) in collaboration with the Ministry of Education, Youth and Sports aimed to integrate financial literacy into the public school curriculum.
Mr. Ngor Lyko, Chief Operating Officer (COO) of Cambodian Public Bank received the certificate of appreciation from His Excellency Yim Leat, Deputy Governor of NBC at the Centre for Banking Studies in Phnom Penh on 1 February 2024.
Mr. Ngor Lyko, COO of Cambodian Public Bank (right) received the certificate of appreciation from His Excellency Yim Leat, Deputy Governor of NBC (left) at the Centre for Banking Studies
AICB Celebrates Excellence At The 7th Chartered Banker Conferment
Excitement and pride filled the air on 18 May 2024 as 4 Fellow Chartered Bankers, 103 Chartered Bankers and over 230 Associate Chartered Bankers conferees gathered at Sasana Kijang, Bank Negara Malaysia for the Asian Institute of Chartered Bankers (AICB) 7th Chartered Banker Conferment Ceremony.
The ceremony was graced by Bank Negara Malaysia Deputy Governor, En. Adnan Zaylani bin Mohamad Zahid. The event featured speeches from AICB Chairman Tan Sri Azman Hashim and Dr. Giles Cuthbert, Managing Director of the Chartered Banker Institute, United Kingdom (UK).
The attendees who completed their Level Two certification received certificates and newly conferred titles while Public Bank Group had the biggest contingent with 88 conferees.
Congratulations to all the conferees!
The new Chartered Bankers with Tan Sri Dato’ Sri Dr. Tay Ah Lek and Ms. Koay Seok Khim, Chief Learning Officer
Chartered Bankers and Associate Chartered Bankers Unite!
RM2.13 Billion Pre-Tax Profit for The First Quarter of 2024
Public Bank Group achieved a commendable pre-tax profit of RM2.13 billion and a net profit of RM1.65 billion for the first quarter of 2024. This performance marks a significant growth of 3.1% and 2.3% respectively from the preceding quarter.
Reflecting on the Group’s steady performance, Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank commented, “Net income improved by 3.7% to RM3.38 billion as compared with the preceding quarter ended 31 December 2023. With a stable net interest margin/financing margin of 2.21%, net interest and financing income rose by 2.7% to RM2.71 billion. Meanwhile, non-interest income posted 7.9% growth to RM649.6 million. For the first quarter of 2024, the Group continued to sustain a commendable net return on equity of 12.3%, an efficient cost-to-income ratio of 35.4% and a stable asset quality with gross impaired loans ratio of 0.62%.”
Tan Sri Tay concluded, “Against this backdrop, the Public Bank Group will remain vigilant in its business approach and will continue to maintain its prudent risk profile to weather ongoing risks. Tapping on the improved economic outlook, the Group will continue to take a proactive approach to embracing growth opportunities. The Group will also continue to pursue digital transformation and further step up its ESG efforts to remain relevant in today’s dynamic business environment.”
This solid start to 2024, amid a challenging economic landscape, positions the Group well for sustained growth and resilience.
Celebrating A Milestone: Public Bank’s 58th Annual General Meeting
In conjunction with its commitment to innovation and excellence, Public Bank’s 58th Annual General Meeting held on 8 May 2024 served as a crucial moment for strategic reflection and future planning.
Tan Sri Dato’ Sri Dr. Tay Ah Lek, the Bank’s Managing Director and Chief Executive Officer commenced the meeting by reviewing the Group’s performance in 2023 and presented the Bank’s strategic direction on important business matters.
In 2023, the Group showcased a solid financial performance achieving a pre-tax profit of RM8.54 billion, a slight decrease from RM8.83 billion in the previous year. Despite this, net profit attributable to shareholders saw an 8.7% increase to RM6.65 billion, highlighting the Group’s resilience in a challenging economic climate.
The Group’s cost efficiency and asset quality remain the best among Malaysian banking groups with a domestic gross impaired loans ratio of 0.4%, significantly better than the industry’s average.
Tan Sri Tay announced a total dividend of 19 sen per share for 2023, reflecting the Group’s commitment to delivering consistent returns to shareholders. The Group continues to lead in various sectors, maintaining a dominant position in residential property, commercial property, and passenger vehicle financing. Looking ahead, the Group remains focused on strategic initiatives to drive sustainable growth, emphasising digital transformation and sustainability.
Congratulations, Tan Sri Dato’ Sri Dr. Tay Ah Lek!
In a landmark recognition, Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director and Chief Executive Officer (CEO) of Public Bank has been honoured with the prestigious William “Bill” Seidman Leadership Lifetime Achievement Award for 2024 and Asia’s Best CEO (Investor Relations) from the 14th Asian Excellence Awards 2024 by Corporate Governance Asia.
His unparalleled dedication over more than 60 years has not only reshaped Malaysia’s financial landscape but has also left a significant mark on the global banking industry.
Since joining the Bank at its inception in 1966 and later taking the helm as Managing Director and CEO in 2002, Tan Sri Tay’s strategic vision and leadership has fortified the Bank’s resilience and propelled it to the forefront of financial institutions in the Asia Pacific region.
Under Tan Sri Tay’s stewardship, the Bank has navigated through challenging times, including the Global Financial Crisis and the 1MDB Scandal (Malaysian Bribery Scandal) which showcased remarkable growth and stability. From 2002 to 2023, the Bank’s assets surged over sevenfold, achieving an average 17.3% return on equity and a 1.4% return on assets.
His commitment to innovation, digital transformation and sustainability has not only enhanced the Bank’s operational efficiency but also positioned it as a leader in Environmental, Social and Governance (ESG) practices. Tan Sri Tay’s contributions extend beyond banking, influencing various industry councils and fostering the development of future financial professionals.
Tan Sri Tay receiving the William “Bill” Seidman Leadership Lifetime Achievement Award for 2024
Tan Sri Tay’s Asia’s Best CEO Award by Corporate Governance Asia
A Strategic Visit to the Governor of the Bank of Lao PDR
Public Bank Lao Limited (PBLL) reaffirmed its commitment to the Governor of the Bank of the Lao PDR (BOL), H.E. Mr. Bounleua Sinxayvoravong on 22 February 2024. The delegation led by Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank and Mr. Lee Chin Guan, Chairman of PBLL underscored their dedication to maintaining strong relationships with regulatory authorities and fostering close working relationship at all times.
The meeting served as a platform to discuss collaborative opportunities aimed at increasing financial inclusion and exploring avenues for developing the banking sector under BOL’s guidance. This visit exemplifies PBLL’s proactive approach to shaping a prosperous future for banking in Lao PDR.
The engagement also highlighted PBLL’s focus on ensuring sustainable growth and fostering good ties with regulatory authorities, paving the way for innovative financial solutions and expanded operations in the region.
Tan Sri Dato’ Sri Dr. Tay Ah Lek (sixth left), Mr. Lee Chin Guan (fifth left) and Mr. Bounleua Sinxayvoravong (fourth right), the Governor of the Bank of Lao PDR together with the other Board Members of PBLL
Ambassador of Malaysia Visits People’s Republic of China
His Excellency Dato’ Norman Muhamad, newly appointed Ambassador of Malaysia to the People’s Republic of China, made his inaugural visit to the Head Office of Public Bank (Hong Kong) Limited at Public Bank Centre, Des Voeux Road, Central on 26 January 2024.
Accompanied by En. Muzambli Markam, Consul General of Malaysia for Hong Kong and Macao and En. Yazrin Syakhairi Mahlan, Consul (Trade) at the Consulate General of Malaysia, the Ambassador was warmly welcomed by Mr. Chong Yam Kiang, Executive Director and Chief Executive along with Mr. Ng Chee Khuen, Senior General Manager and Alternate Chief Officer of the Bank.
During the visit, Mr. Chong and Mr. Ng provided the Ambassador with an insightful overview of the Bank’s history and operations in Hong Kong. The Ambassador praised the Bank’s significant contributions, recognising it as a robust and prominent Malaysian financial entity with an international footprint.
Mr. Chong presented a memento to His Excellency Dato’ Norman at the end of the visit on behalf of the Bank, celebrating his official visit to Hong Kong and acknowledging his service since becoming the Ambassador of the People’s Republic of China.
His Excellency Dato' Norman Muhamad (fourth left) receiving the souvenir from Mr. Chong Yam Kiang (second right) accompanied by En. Muzambli Markam (third left), En. Yazrin Syakhairi Mahlan (second left) and Mr. Ng Chee Khuen (first right)
The State Bank of Vietnam (SBV) awarded Public Bank Vietnam (PBVN) Danang and Thanh Khe Branches with Certificate of Merits on 17 January 2024 at the SBV Conference held at the SBV Danang Hall, Vietnam. Ms. Tran Thi Hoai Thu, Branch Manager of Danang Branch and Ms. Nguyen Thi Hoai Huong, Branch Manager of Thanh Khe Branch were conferred with the certificates.
Congratulations to PBVN Danang and Thanh Khe Branches for their outstanding achievements!
SBV Certificate of Merit to PBVN Danang Branch for Excellent Achievement in Accomplishing Danang’s Banking Duties in the year of 2023
SBV Certificate of Merit to PBVN Thanh Khe Branch for achievements in the Emulation Movement to Develop Production, Business and Social Security in 2023
Hats off to Ms. Tran Thi Hoai Thu (fifth right) along with the Credit Institutions representatives!
Bravo to Ms. Nguyen Thi Hoai Huong (third left) with the other Credit Institutions representatives!
AICB Professional Banker Ceremony – Public Bank Vietnam
The Senior Management of Public Bank Vietnam (PBVN) awarded certificates to seven staff who successfully completed the Asian Institute of Chartered Bankers (AICB) Professional Banker Qualification in 2023 on 6 February 2024. This recognition underscores PBVN’s commitment to fostering a culture of continuous learning and professional growth among its staff.
Expressing their gratitude, the Management reiterated their strong support for employees who pursue self-development while working at PBVN. Since 2018, PBVN has sponsored staff for the AICB qualifications resulting in 64 PBVN staff members now holding AICB Certificates.
This initiative highlights PBVN’s dedication to personal and professional transformation within the team.
Securing Prestigious USD 2023 STP Excellence Award
Campu Bank was awarded the USD 2023 Straight-Through-Processing (STP) Excellence Award by the Bank of America Merrill Lynch for the seventh consecutive year, recognising its outstanding accuracy in payment message processing from 2017 to 2023. The award ceremony took place on 29 April 2024, further establishing the Campu Bank’s position among the top financial institutions globally.
Mr. Ong Ming Teck, Chief Executive Officer (CEO), accepted the award from Mr. Paween Thepjesdathornsak, Head of Financial Institution Sales of Bank of America, Thailand at the Campu Bank building.
From left: Ms. Suon Sokgech, Head of Telecommunications Department, Mr. Paween Thepjesdathornsak, Head of Financial Institution Sales of Bank of America, Thailand handed over the STP Excellence Award to Mr. Ong Ming Teck, CEO of Campu Bank and Mr. Ngor Lyko, Chief Operating Officer
Honoured as the Best Commercial Bank for SMEs in CLM
FinanceAsia recognised Campu Bank for its outstanding contributions to supporting small and medium-sized enterprises on 19 April 2024 awarding the Bank the prestigious title of ‘Best Commercial Bank – SMEs in CLM (Cambodia, Laos and Myanmar)’ for 2024.
This achievement highlights Campu Bank’s vital role in fostering growth and development for SMEs, further solidifying its reputation within the regional financial landscape.
It is often said by Walter Elliot, “Perseverance is not a long race; it is many short races one after the other.” This sentiment seems to ring true for Campu Bank, as they secured prestigious accolades for their pioneering efforts in sustainability and inclusion.
Recognised by Euromoney, Campu Bank was honoured with the titles of ‘Best Bank for ESG in Cambodia’ and ‘Best Bank for Diversity & Inclusion in Cambodia’ for 2024 on 14 June 2024.
This recognition solidifies Campu Bank’s position as a leading financial institution driving positive change in Cambodia’s banking landscape.
In line with its mission to enhance customer experience, Khan Boeng Keng Kang – Sangkat Boeng Keng Kang Ti Muoy Branch has officially relocated to a new premise. Situated in prime commercial area near the iconic Independence Monument, this new location boasts a spacious banking hall and ample parking space to provide a superior service experience to its customers. Additionally, the Branch now offers exclusive Red Carpet Banking (RCB) services to cater to high-net-worth individuals.
The relocation was marked by a special ceremony on 6 May 2024, where Senior Management including Mr. Ong Ming Teck, Chief Executive Officer (CEO), Mr. Sor Sokunthea, Chief Operating Officer (COO) and Mr. Chun Seng, Branch Manager were present to officiate the event.
This strategic move reflects the Bank’s continued dedication to growth and customer-centric banking.
A group photo of Khan Boeng Keng Kang – Sangkat Boeng Keng Kang Ti Muoy Branch staff together with Mr. Sor Sokunthea, COO (ninth left), Mr. Ong Ming Teck, CEO (eleventh left), Mr. Chun Seng, Branch Manager (twelfth left) and Mr. Ngor Lyko, COO (thirteenth left) in front of the Branch
Intensifying Efforts in Raising Scam and Fraud Awareness
The Bank is amplifying its effort to safeguard customers against increasing scam activities by launching the PB Scam Prevention Campaign on 20 June 2024 at Menara Public Bank.
The campaign introduces the ‘PB Scam Rangers,’ a mobile team of cybersecurity experts who will traverse Malaysia, educating the public on the latest scam trends. These experts will engage with customers at selected Branches through interactive sessions, offering crucial information to enhance their scam prevention knowledge.
In addition to this initiative, the Bank continues to enhance its banking security measures, enabling customers to report fraud via the ‘E-Fraud’ form on its login website. Customers can also deactivate their PBe User ID or cancel their Credit/Debit and ATM Cards if they notice unusual account activity. Not only that, the Bank has further implemented the ‘Kill Switch’ function via PBe internet banking and PB engage MY mobile application to prevent unauthorised access. This feature temporarily disables all banking services, ensuring immediate protection.
Apart from implementing various enhancements, the Bank also monitors mule accounts, having safeguarded over RM1.6 billion across 3.2 million transactions as of May 2024. On top of that, the Bank’s transaction cooling-off period helps prevent fraud by reviewing suspicious activities, protecting over 400 customers’ transactions valued at RM2.0 million. Through ongoing educational efforts and enhancements, the Bank continues to empower customers with the tools and knowledge needed to safeguard against fraud.
(From left) Commissioner Datuk Sri Ramli Bin Mohammed Yoosuf, Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director of Public Bank, Dato’ Chang Kat Kiam, Deputy Chief Executive Officer and Ms. Chang Siew Yen, Senior Chief Operating Officer during the launch of PB Scam Prevention Campaign
(From left) Dato’ Chang Kat Kiam, Tan Sri Dato’ Sri Dr. Tay Ah Lek and Commissioner Datuk Sri Ramli Bin Mohammed Yoosuf revealing the PB Scam Rangers van
(From left) Commissioner Datuk Sri Ramli Bin Mohammed Yoosuf, Tan Sri Dato’ Sri Dr. Tay Ah Lek and Dato’ Chang Kat Kiam posing beside the public transportation bus that will be raising awareness on frauds and fraudulent activities
Pre-Tax Profit of RM4.41 Billion for The First Half of 2024
Public Bank Group achieved a pre-tax profit of RM4.41 billion for the first half of 2024, marking a 2.5% increase compared to the same period in 2023. Net profit attributable to shareholders rose by 3.1% to RM3.44 billion. The Group attributed this growth to its solid performance in loans and deposits businesses, alongside a steady increase in non-interest income.
The Board of Directors declared a first interim dividend of 10.0 sen per share, representing 56.5% of the Group’s net profit for the period. Public Bank’s performance was driven by a net return on equity of 12.8%, a cost-to-income ratio of 35.3% and a gross impaired loans ratio of 0.6%, liquidity coverage ratio of 138.5%, common equity tier 1 capital ratio of 14.5% and total capital ratio of 17.4%, all contributing to robust profitability amid a challenging economic environment.
Tan Sri Dato’ Sri Dr. Tay Ah Lek in a statement said, “Underpinned by resilient private expenditure and investment activities, the operating environment in Malaysia will remain conducive to banking business growth. The Public Bank Group will continue to strengthen its core competency in the retail banking segment, while remaining agile in seizing new opportunities in sustainability and digital transformation in driving business growth.”
“As the Group proactively moves forward, it will continue to ensure a solid foundation with healthy capital and liquidity position, as well as sound asset quality to safeguard its bottom line and sustainable stakeholder value," Tan Sri Tay concluded.
Looking ahead, the Group remains optimistic but cautious, citing global economic uncertainties and inflationary pressures. However, the Group is committed to leveraging new growth opportunities in sustainability and digital banking to further strengthen its market position.
Public Finance Limited (PFL) Kowloon Bay and Sheung Shui Branches were relocated to new premises on 22 April 2024 and 1 June 2024.
The Kowloon Bay Branch premise is now located at a more strategic location near Kowloon Bay MTR station and next to Telford Plaza shopping mall. Meanwhile, the Sheung Shui Branch has moved closer to Sheung Shui MTR station, surrounded by a bustling shopping mall, office tower and residential buildings.
At the relocation ceremony of the Branches, key figures were present, including Mr. Lee Huat Oon, Executive Director and Chief Executive of PFL, Zone Managers Mr. Victor Kong Wai Tung and Mr. Jeremy Lee Tai Ming, Mr. Ronnie Tsoi Tung Fai, Kowloon Bay Branch Manager and Mr. Kenny Fong Tsz Kin, Sheung Shui Branch Manager.
Mr. Lee Huat Oon (third left), Mr. Victor Kong Wai Tung (second left) and Mr. Ronnie Tsoi Tung Fai (third right) officiating the relocation ceremony for the Kowloon Bay Branch
Mr. Lee Huat Oon (fourth left), Mr. Jeremy Lee Tai Ming (second right) and Mr. Kenny Fong Tsz Kin (third left) led the relocation ceremony for the Sheung Shui Branch
In a proactive effort to combat financial crimes, Public Bank Vietnam (PBVN) organised a comprehensive Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) course. The training sessions were held in Ho Chi Minh City on 8 April 2024 and in Hanoi from 10 to 11 April 2024. Led by renowned expert Dr. Vijayaraj Kanniah, the sessions drew participation from 136 Senior Management, Heads and Officers from Head Office Departments, Branches and Transaction Bureaus (TB), marking a critical step in fortifying the Bank’s compliance framework. This effort reflects the institution’s dedication to upholding the highest standards of financial integrity.
Participants were equipped with essential updates on AML/CFT regulations, as well as emerging trends in money laundering and terrorist financing. Through case studies and strategic insights, the sessions underscored the need for a robust compliance structure to protect the Bank and contribute to the global financial system’s overall integrity. This initiative is set to bolster PBVN’s defence against evolving regulatory challenges.
Deputy Managers and Senior Officers sharpening their skills in Ho Chi Minh City
Building the future of management in Hanoi!
Senior Management, Heads/Managers of Head Office Departments/Branches/TBs levelling up their skills in the city of culture
The PB Scam Ranger continues its effort to raise awareness on scams throughout Malaysia, having actively done so since its launch in June 2024. With a mission to educate the public, the initiative offers a range of activities, including educational sessions, quizzes, interactive exhibits and information exchanges on the latest scam trends. By remaining guarded against the evolving fraud landscape and continually enhancing online security, the Bank ensures customers are well-informed and protected from potential threats through a range of channels, from email and social media to security alerts and online banking.
Fraud Literacy Programme with Universities
#JanganKenaScam Fraud Literacy Programme was held at University of Wollongong (UOW) on 17 July 2024 and the Management & Science University (MSU), Shah Alam on 8 August 2024. A total of 215 and 127 participants attended which includes staff members, lecturers and students. The programme concluded with a session featuring a scam experience sharing followed by a Q&A segment.
PB Scam Ranger Roadshow at Taman Sentosa Branch
PB Scam Rangers dedicated officers participating in a Product Promotional Event (PPE) which was held at Taman Sentosa Branch, Johor Bahru on 17 August 2024.
Brochures and souvenirs regarding scams were given to customers along with shared information on scam preventive measures and the latest fraud trends.
JCL Branch Teams Up with PB Scam Rangers
Jalan Central (JCL) Branch in collaboration with PB Scam Rangers held an online scam prevention talk during the Drawing Contest for National Day which was held at Tadika Fu Yuan, Sibu, Sarawak on 17 August 2024.
The seminar, conducted in Mandarin by Mr. Francis Ling, Bank Service Manager of the JCL Branch provided valuable insights to all participating parents.
Scam brochures were circulated to ensure parents were well-informed and equipped with the necessary knowledge to recognise various types of scam tactics and modus operandi.
Business Foresight Forum 2024
Jalan Central (JCL) Branch in collaboration with PB Scam Rangers held an online scam prevention talk during the Drawing Contest for National Day which was held at Tadika Fu Yuan, Sibu, Sarawak on 17 August 2024.
The Bank participated in the Business Foresight Forum, hosted by the Securities Commission Malaysia in Kuala Lumpur on 22 August 2024. The forum aimed to raise public awareness, provide education and offer updates on the latest scam trends.
Malaysia's National Day
PB Scam Rangers dedicated officers participating in Malaysia’s National Day at Dataran Putrajaya on 30 and 31 August 2024.
During the event, a public sharing session was conducted, where scam awareness brochures and souvenir pens were distributed to those who took part in the scam awareness quiz.
Campu Lonpac Insurance PLC (CLIP) participated in the Cambodia Insurance Day event hosted by the Insurance Regulator of Cambodia (IRC) at Techo Terrace (Poy Tamong) in Sihanoukville Province from 27 to 28 July 2024.
The event raised awareness of the importance of insurance and its benefits to Cambodia's local economy and community. The sales and marketing team, led by Mr. Jef Tio, the Chief Executive Officer of CLIP, also participated in the event. Visitors were given a token of appreciation after visiting the CLIP booth and completing insurance activities.
Universiti Tunku Abdul Rahman (UTAR) unveiled the Tan Sri Dato’ Sri Dr. Teh Hong Piow Lecture Theatre at its Kampar campus on 29 October 2024, celebrating the philanthropic legacy of the Bank’s founder.
The ceremony highlighted Tan Sri Teh’s enduring contributions to education, including his pivotal RM20 million donation during UTAR’s formative years. This gift helped to make quality education accessible to many, reinforcing his belief that ‘knowledge is the key that opens every door,’ as fondly recalled by his daughter, Ms. Teh Li Shian Diona.
From left: Dato’ Chang Kat Kiam, Tan Sri Dato’ Sri Dr Tay Ah Lek, Ms. Teh Li Shian Diona, Tun Dr. Ling Liong Sik, Tan Sri Dato’ Dr. Sak Cheng Lum, Ir. Professor Dato’ Dr. Ewe Hong Tat and Professor Lau Hui Ping unveiling the Wall of Fame poster of the late Tan Sri Dato' Sri Dr. Teh Hong Piow’s legacy
The ribbon-cutting ceremony to launch the Tan Sri Dato' Sri Dr. Teh Hong Piow Lecture Theatre
From left: Dato’ Chang Kat Kiam, Tan Sri Dato’ Sri Dr Tay Ah Lek, Ms. Teh Li Shian Diona, Tun Dr. Ling Liong Sik (seated), Toh Puan Ena Ling (behind Tun Ling), Tan Sri Dato’ Dr. Sak Cheng Lum, Ir. Professor Dato’ Dr. Ewe Hong Tat and Professor Lau Hui Ping launching the Tan Sri Dato' Sri Dr. Teh Hong Piow Lecture Theatre
Menara Public Bank was transformed into a vibrant hub of innovation and entrepreneurship during the highly anticipated PB MSME Day 2024 held from 22 to 24 October 2024. This gathering aimed to celebrate the spirit of Micro, Small and Medium Enterprises (MSMEs) and highlight their significant economic contributions. Entrepreneurs had the opportunity to connect, share insights, and forge valuable relationships in an atmosphere of collaboration and support.
Public Bank, in a strategic collaboration with Credit Guarantee Corporation Malaysia Berhad (CGC), extended RM1.0 billion in financing to small and medium enterprises (SMEs) across Malaysia on 9 September 2024. This initiative underscored the continued commitment by both organisations to support the growth and sustainability of SMEs, the key contributors to the Malaysian economy. As of June 2024, the Bank has extended RM69.3 billion of financing to SMEs.
From left: Mr. Sean Tan, Chief Business Officer of CGC, Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director & Chief Executive Officer of Public Bank, Datuk Mohd Zamree Mohd Ishak, President & Chief Executive Officer and Dato’ Chang Kat Kiam, Deputy Chief Executive Officer of Public Bank
Public Bank Solidifies Market Presence with LPI Acquisition
The Bank made headlines on 10 October 2024 when it announced its proposal to acquire a 44.15% controlling stake in LPI Capital Berhad for RM1.72 billion. Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director and Chief Executive Officer, described the acquisition as a ‘strategic opportunity’. The move marks a significant step in the Bank’s journey towards becoming a universal banking powerhouse.
Ms. Teh Li Shian Diona, the youngest daughter of the late founder, highlighted the initiative as a tribute to her father’s legacy, ensuring the Bank remains in the hands of those who contributed to its success. “Success is no accident; it is hard work, perseverance, learning and most of all, love for what you are doing,” the family reiterated, echoing Pele’s timeless words.
This acquisition underscores the Bank’s dedication to growth, innovation, and legacy-building. With approval from the Ministry of Finance and Bank Negara Malaysia, the deal is set to be completed by the first quarter of 2025.
Tan Sri Dato' Sri Dr. Tay Ah Lek (left) and Ms. Teh Li Shian Diona (right) celebrate this significant strategic opportunity together
The Bank hosted a special memorial event at EQ Kuala Lumpur on 12 December 2024 to mark the second anniversary of Tan Sri Teh Hong Piow’s passing and commemorate the visionary founder’s enduring influence on Malaysia's banking sector.
The family of the late Tan Sri Teh also reaffirmed their commitment to his philanthropic vision, which includes the following:
● Tan Sri Teh Hong Piow Legacy Scholarship: RM1.7 million has been allocated to empower 27 students through scholarships that support their academic journey.
● Universiti Tunku Abdul Rahman (UTAR) Education Foundation: A RM50 million donation to UTAR will fund scholarships and contribute to the university’s new campus, including a building named ‘Faculty of Business and Finance’ in recognition of Tan Sri Teh’s legacy.
● LightHouse of Hope Sarawak: RM200,000 donated to establish STEM (Science, Technology, Engineering and Mathematics) hubs across 10 districts, benefiting indigenous youths in Sarawak. The hubs will serve as Education Empowerment Centres at schools.
● Ihsan Johor: RM300,000 will support flood relief efforts in Johor, including floating houses and school construction.
● Penang State Education Department: RM500,000 donation for smart boards in 50 schools across Penang to bridge the digital divide.
● Starfish Malaysia Foundation: RM645,000 contribution to develop STEM centres in Sabah to benefit indigenous communities and enhance education.
In her tribute, Tan Sri Teh's daughter, Ms. Teh Li Shian Diona, stressed her father’s belief that true success lies in giving back, particularly through education, which continues to drive the Bank’s charitable initiatives.
The event celebrated not just Tan Sri Teh’s life but also the continuing impact of his legacy, inspiring future generations in Malaysia and beyond.
Tan Sri Dato’ Sri Dr. Tay Ah Lek and Ms. Teh Li Shian Diona with the beneficiaries in a moment of celebration
Ms. Teh Li Shian Diona captivates with her heartfelt speech
Uniting with Jati Tinggi for Solar Energy Solutions
In a milestone towards fostering sustainable practices, the Bank has teamed up with Jati Tinggi Group Berhad to launch a major solar energy initiative to promote sustainability. The Memorandum of Understanding (MOU), signed on 17 December 2024, outlines Jati Tinggi’s plan to install photovoltaic solar panel systems across 135 Public Bank branches covering 333 properties. This RM14.88 million project is a significant step in Public Bank’s commitment to carbon neutrality by 2030 and net-zero emissions by 2050.
The solar panel installations will begin in early 2025, with a completion target set within three years. This partnership catalysed numerous advancements in the energy industry and beyond, setting the stage for a more environmentally conscious future.
It was a historic moment as the MoU was signed between the Bank and Jati Tinggi
A strong partnership begins with a unified team spirit
Courtesy Visit to the State Securities Commission of Vietnam
Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director & Chief Executive Officer (CEO) of Public Bank, Mr. Lee Chin Guan, Chairman of Public Bank Vietnam (PBVN), Ms. Cheah Kim Ling, Chairman of Public Bank Securities Vietnam (PBSV) and Ms. Nguyen Thi Bich Ha, CEO of PBSV together with other Board of Members of PBSV paid a courtesy visit to the Vice Chairman of the State Securities Commission of Vietnam (SSC), His Excellency Bui Hoang Hai on 9 August 2024.
The visit introduced PBSV as the subsidiary of PBVN to the Commission under the new management team to briefly outline its business plans moving forward and thank the Commission for its support and advice for the Company.
The meeting was highly productive, with SSC expressing its appreciation to the Public Bank Group for its confidence and investment in Vietnam through PBSV.
From Left: Ms. Nguyen Thi Bich Ha, CEO of PBSV, Mr. Chee Keng Eng, General Director of PBVN, Dato’ Mohammed Najeeb Bin Abdullah, Board Member of PBSV, Mr. Lee Chin Guan, Chairman of PBVN, Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director & CEO of Public Bank, Mr. Bui Hoang Hai, Vice Chairman of SSC, Ms. Cheah Kim Ling, Chairman of PBSV, Dato’ Chang Kat Kiam, Deputy CEO of Public Bank, Mr. Lim Say Huat, Director of Overseas Operation Division, Public Bank and Mr. Dao Thanh Tung, Deputy General Director of PBVN
In conjunction with the 2nd Public Bank Securities Vietnam (PBSV) Board of Members Meeting held in Hanoi, Vietnam, Tan Sri Dato’ Sri Dr. Tay Ah Lek, Managing Director and Chief Executive Officer (CEO) of Public Bank, Mr. Lee Chin Guan, Chairman of Public Bank Vietnam (PBVN) together with other Board Members of PBSV visited PBSV’s office on 9 August 2024.
Tan Sri Dato’ Sri Dr. Tay Ah Lek warmly welcomed all PBSV staff to the Public Bank Group. It emphasised the Bank's core values while encouraging them to embody these principles and ethics as they work towards achieving common goals. On behalf of all staff, Ms. Nguyen Thi Bich Ha, CEO of PBSV, expressed appreciation to the Senior Management staff and Board Members for their visit and shared her commitment to elevating PBSV by fostering a unified workforce, emphasising that collective effort is crucial for the organisation’s continued success.
As PBSV embarks on its new journey, the strong support and leadership of the Bank’s higher management will provide a solid foundation, paving the way for a brighter future filled with growth opportunities.
Senior Management staff of Public Bank and Chairman of PBVN with the Board of Members and Executive Management of PBSV
Public Islamic Bank Berhad (PIBB) and Halal Development Corporation (HDC) signed a groundbreaking Memorandum of Understanding (MoU) on 29 August 2024 at Menara Public Bank in Kuala Lumpur. This strategic collaboration aimed to empower Malaysia’s halal industry by launching the Halal Engage programme under the Halal Integrated Platform (HIP), which targets financial and business support for halal industry players.
With an RM200 million financial allocation, PIBB has committed to facilitating growth for halal businesses, particularly SMEs, through initiatives like sustainability-linked financing and business expansion support. This partnership aligns with the national agenda to position Malaysia as the global leader in the halal economy, cementing a milestone in advancing the Halal Industry Master Plan 2030.
En. Syamsul Azuan Ahmad Fauzi (left), Chief Executive Officer (CEO) of PIBB and En. Hairol Ariffein Sahari (right), CEO of HDC, signing the MoU to empower Malaysia’s halal industry
From Left: En. Haizal Hafiz, Assistant Vice President of PIBB Banca and Wealth Management, Cik Rianna Mohd Ariff, Vice President of PIBB Marketing and Business Development, En. Syamsul Azuan Ahmad Fauzi, En. Hairol Ariffein Sahari, En. Zamulud Awang Kechik, Chief Commercial Officer of HDC and En. Hafiz Jamaluddin, Head of Halal Integrated Platform HDC, captured during the MoU Signing Ceremony
Driving Sustainable Growth through Islamic Finance
Kuala Lumpur Islamic Finance Forum (KLIFF) 2024 was held at Royale Chulan Kuala Lumpur from 5 to 7 November 2024. With the theme ‘Revitalising the Economy via Islamic Finance,’ the prestigious annual event gathered industry leaders to discuss key developments through various programmes, including the 19th Kuala Lumpur Islamic Finance Forum 2024, the 17th Muzakarah for Shariah Advisors of Islamic Finance, the KLIFF Islamic Finance Roundtable, and the KLIFF Industry Exhibition Booths.
Public Islamic Bank (PIBB) participated in KLIFF 2024 as an exhibitor to create awareness of product offerings and social finance initiatives. On the second day of the event, CEO En. Syamsul Azuan Ahmad Fauzi joined a panel on ‘Driving Sukuk for Sustainable Impact and Growth’. He shared valuable insights on leveraging sukuk for sustainability, reflecting PIBB’s dedication to promoting Islamic finance that is aligned with the Maqasid Shariah Framework.
Showcasing innovative Islamic finance products and social finance initiatives
En. Syamsul Azuan (right) with En. Abdul Aziz Abd Jalal, Director of KLIFF 2024 (left)
On 21 November 2024, the lobby of Menara Public Bank was buzzing with excitement as staff gathered for the PB Cybersecurity Day, the highlight of the 2024 Cybersecurity Awareness Campaign. With the tagline ‘Be Alert, Stay Secure,’ staff enjoyed a fun and interactive experience through games like CyberDunk, Phishing, Hotspot, CyberWheel, and the Cyber-ESC Room Team Challenge, all designed to learn key cybersecurity concepts.
The event also featured a thought-provoking talk on ‘AI in Cybersecurity: Both a Risk and a Defense,’ led by an expert in cybersecurity. All participating staff could win one of the 22 Lucky Draw items, such as a 22” full HD monitor, a sound bar, and a Redmi Watch 5 Active. Sixty early birds were awarded prizes for the Crossword Puzzle challenge. Popcorn and ice cream were given to the staff. With over 1,000 engagements, the event reminded everyone that cybersecurity starts with awareness and action.
Remember, ‘Be Alert, Stay Secure’ is not just a tagline but your shield in the digital world. A huge congratulations to all the winners!
Cybersecurity experts in action
Tan Sri Tay Ah Lek, Managing Director and Chief Executive Officer, signed off on the Cyber-Shield, the PB Cyber Soldier
The Scam Awareness Talk was held at UCSI University on 24 May 2024
