Media Release

FOR IMMEDIATE RELEASE

27 August 2026

Public Bank and Alipay+ Expand Cross Border QR Payment Connectivity to China on MyPB App

Public Bank is now the first Malaysian bank to directly connect with China’s payment ecosystem, enabled via its partnership with Alipay+, the unified wallet gateway of Ant International. Public Bank customers can now use MyPB App to make QR payments at over 80 million merchant acceptance points covering retail shops, restaurants, public transit and attractions across China. This expansion adds one of Malaysian's most-visited destinations to the app's cross-border QR payment coverage globally, in destinations across Asia, Europe and beyond.

Malaysian travellers, business professionals and students can pay directly from their Public Bank accounts at participating merchants in China, with transactions converted at competitive foreign exchange rates, without downloading separate payment apps or exchanging currency in advance.

Tan Sri Dato' Sri (Dr) Tay Ah Lek, Managing Director and CEO of Public Bank, said:

"China is a key travel, business and education destination for Malaysians. By extending Alipay+ payments to this corridor, we are giving our customers one less thing to worry about when they travel — they can pay the way they do at home, directly from the MyPB App, at competitive exchange rates."

Pan Yan, Head of Strategic Partnership for Alipay+, Ant International, said:

"Accepted in over 220 markets globally, Alipay+ enables leading banks like Public Bank to offer cross-border payment services for their users in new markets with one single integration, significantly enhancing customer experience as a foundation to further strengthening engagement and trust in this mobile-first era.”

**How it works:**

Customers scan or show their QR at any participating merchants with Alipay or Alipay+ QR in China using MyPB App. Payment is deducted from their linked Public Bank account in Malaysian Ringgit at competitive foreign exchange rates.

Customers can download MyPB App from the Apple App Store and Google Play Store.

For more information on MyPB App and Alipay+ Cross-Border QR Payments, please visit Public Bank’s website or contact PB Customer Service.

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FOR IMMEDIATE RELEASE

26 August 2026

Public Bank Group Achieved Pre-Tax Profit of RM4.71 Billion for the First Half of 2026 and Declared 10.5 Sen First Interim Dividend

Highlights of Results for the First Half of 2026:

• Pre-tax profit and net profit up 1.3% and 2.0% respectively
• Non-interest and non-financing income rose 12.2% 
• Total loans and deposits recorded annualised growth rates of 5.9% and 4.7% respectively
• Net return on equity at 12.2%
• Cost-to-income ratio at 35.1%
• Gross impaired loans ratio at 0.54%
• Loan-to-fund and equity ratio at 83.9%
• Common Equity Tier 1 capital ratio at 13.9% and total capital ratio at 16.5%
• First interim dividend of 10.5 sen per share 

For the first half of 2026, the Public Bank Group reported a pre-tax profit of RM4.71 billion, up 1.3% from the corresponding period in 2025. Net profit attributable to shareholders rose 2.0% to RM3.58 billion.

Operating profit increased by 3.4%, mainly underpinned by strong growth of 12.2% in non-interest and non-financing income. Net interest and financing income growth moderated to 0.5% in a highly competitive loan and deposit market. For the first half of 2026, the Group’s total loans and deposits posted annualised growth rates of 5.9% and 4.7% respectively. 

Operating expenses remained well managed, with an efficient cost-to-income ratio of 35.1%. Asset quality remained sound with the gross impaired loans ratio standing at 0.54%, well below the banking industry’s average impaired loan ratio of 1.43%. Loan loss coverage remained at a prudent level of 138.9%, exceeding the 81.3% industry loan loss coverage ratio. With sound fundamentals, net return on equity for the first half of 2026 remained stable at 12.2%.

Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director & Chief Executive Officer of Public Bank, is pleased to announce, “The Board of Directors of Public Bank has declared an interim dividend of 10.5 sen per share, supported by the Group’s resilient earnings and healthy capital position. This represents a total payout of RM2.04 billion.” The first interim dividend is scheduled for payment on 23 September 2026, with the dividend entitlement date on 11 September 2026.

Loans and Deposits Businesses

The Public Bank Group’s total loans for the first half of 2026 rose by an annualised rate of 5.9% to RM458.9 billion. The domestic loans expanded by 6.2% on an annualised basis to RM434.1 billion, outperforming the Malaysian banking industry’s annualised loan growth of 5.5%.

The Group maintained its market strengths in the key retail consumer and SME financing segments. Domestic SME financing, residential properties financing and hire purchase financing achieved annualised growth rates of 12.1%, 4.3% and 6.5% respectively, while continuing to command leading market shares of 19.6%, 20.1% and 33.2% respectively.

Total customer deposits posted an annualised growth rate of 4.7% to RM457.6 billion. Domestic customer deposits expanded by an annualised growth rate of 4.7% to RM428.9 billion, with core deposits growing by 3.1% annualised rate to RM359.6 billion.

Non-interest and Non-financing Income

For the first six months of 2026, non-interest and non-financing income recorded a strong growth of 12.2% to RM1.80 billion, as compared with the corresponding period last year. This was driven primarily by commendable growth of 28.6% in the unit trust business, 16.6% in the foreign exchange business and 5.4% in the general insurance business.

Public Mutual, a wholly-owned subsidiary of the Public Bank Group that manages its unit trust business, continued to be a key contributor, registering a healthy pre-tax profit growth of 16.6% to RM470.5 million in the first half of 2026 and accounting for 10.0% of the Group’s overall pre-tax profit.

As at the end of June 2026, Public Mutual retained its leading retail market share of 44.6% in the domestic retail private unit trust industry (excluding money market funds), with a total of 185 unit trust funds and a net asset value of funds under management of RM119.1 billion.

Capital and Funding Position

In the first half of 2026, the Group continued to uphold a strong capital position, with the Common Equity Tier 1 capital ratio, Tier 1 capital ratio, and total capital ratio standing at 13.9%, 13.9%, and 16.5% respectively.

The Public Bank Group continued to maintain a healthy funding position, with a gross loan to fund and equity ratio of 83.9% as at the end of June 2026.

Strong Commitment to Fully Support Customers Affected by the Middle East Conflict

The Public Bank Group continues to provide timely support and assistance to customers who have been affected by the ongoing conflict in the Middle East. The Bank will closely monitor the situation and take appropriate measures to support customers as circumstances evolve. Loan and financing customers who are affected by the Middle East conflict can request for repayment assistance.

Tan Sri Tay said, “As global uncertainties remain, the Bank is mindful of the potential impact that could affect customers through energy prices, inflation as well as consumer and business sentiments. Public Bank remains fully committed to standing by the customers during this challenging period.”

Group’s Prospects

Going forward in 2026, higher inflationary pressure and energy prices will remain a key concern for global economic growth. On a positive note, resilient labour markets and pro-growth policy measures in key economies will continue supporting the global economy. Nonetheless, the outlook remains uncertain due to the Middle East conflict.

Supported by resilient domestic demand, the Malaysian economy is expected to grow positively with the sound economic fundamentals and the Government’s supportive policy measures continuing to cushion the impact of negative shocks.

Tan Sri Tay concluded, “Against the significant global headwinds, the Public Bank Group will remain vigilant in its business approach. Meanwhile, the Group continues to see growing opportunities stemming from the resilient domestic economy and will continue to build on its core competencies to optimise stakeholder value.” 

Tan Sri Dato’ Sri (Dr) Tay Ah Lek

Managing Director & Chief Executive Officer

Public Bank

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FOR IMMEDIATE RELEASE

7 July 2026

Public Islamic Bank Partners with Government Agencies to Empower Over 100 Youth through iTEKAD Employment Initiative

Public Islamic Bank Berhad (PIBB) has officially announced a strategic partnership with a coalition of key state religious councils, welfare foundations, and training provider to launch the iTEKAD Employment initiative. Operating under the umbrella of Bank Negara Malaysia’s (BNM) iTEKAD Employment programme, this collaborative effort is aimed at supporting more than 100 vulnerable youths in securing meaningful and sustainable employment opportunities.

To ensure the successful implementation of the programme, Public Islamic Bank Berhad has appointed KHTP Skills Centre, managed by Kulim Advanced Technologies Sdn. Bhd. (KTECHNO), as the primary training partner. Through KHTP Skills Centre’s specialised Skil Iltizam and Young Professionals programmes, participants will receive industry-focused upskilling and professional development training tailored to meet current workforce demands, particularly in Technical and Vocational Education and Training or TVET-related industries.

Strategically located within Kulim Hi-Tech Park, KHTP Skills Centre offers participants direct access to one of Malaysia's premier high-technology industrial ecosystems. Backed by strong partnerships with multinational corporations and leading industry players, the Centre delivers industry-driven TVET programmes that equip participants with in-demand technical skills while facilitating employment opportunities with its extensive industry network. With the industries in Kulim Hi-Tech Park projected to require more than 11,000 high-skilled workers by 2030, KHTP Skills Centre plays a pivotal role in developing future-ready talent and connecting graduates to sustainable careers in high-value industries.

This initiative brings together a network of strategic partners such as Zakat Pulau Pinang Majlis Agama Islam Negeri Pulau Pinang (ZPPMAINPP), Pusat Pungutan Zakat Majlis Agama Islam Wilayah Persekutuan (PPZ-MAIWP), Majlis Agama Islam dan Adat Istiadat Perlis (MAIPS), Majlis Agama Islam Melaka (MAIM), Yayasan Pelajaran MARA (YPM) and Yayasan Kebajikan Negara Malaysia (YKNM), dedicated to identifying suitable candidates and supporting their needs as they transition into the workforce environment.

iTEKAD Employment initiative specifically targets youth from vulnerable backgrounds, equipping them with both technical proficiencies and essential soft skills. By combining structural training with social finance support, the programme aims to bridge the gap between unemployment and evolving needs of modern industries.

Through this collaborative effort, Public Islamic Bank Berhad and its partners reinforce their commitment to driving socio-economic mobility, reducing financial disparity, and fostering inclusive growth across Malaysian communities.

Speech by Chief Executive Officer of Public Islamic Bank, Encik Syamsul Azuan bin Ahmad Fauzi 

 Memorandum of Agreement (MoA) signing by representatives of PIBB, KTECHNO, ZPP MAINPP, PPZ-MAIWP, MAIPs, YPM and YKNM

Group photo with senior management of PIBB, KTECHNO, ZPP MAINPP, PPZ-MAIWP, MAIPs, YPM and YKNM together with students of KHTP Skills Centre

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FOR IMMEDIATE RELEASE

15 June 2026

Two Forces, One Mission: Public Bank and Royal Malaysia Police Launch PB Scam Ranger 2.0 to Combat Rising Scam Threat

Public Bank marked a significant milestone in Malaysia’s national anti-scam agenda with the launch of PB Scam Ranger 2.0 at the InterContinental Hotel Kuala Lumpur on 15 June 2026. With the theme “Combat Scam: Two Forces, One Mission,” the programme signals a deepened and expanded public-private partnership between Public Bank and the Royal Malaysia Police (RMP) – two institutions united by a shared resolve to protect Malaysians from the growing threat of financial fraud.

The launch was officiated by YDH IG Tan Sri Dato’ Seri Hj. Mohd Khalid Bin Hj. Ismail, Inspector General of Police (IGP), Royal Malaysia Police and Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank. The ceremony underscored the determination of both institutions to go beyond conventional awareness campaigns – driving systemic change through coordinated enforcement, sustained community engagement and forward-looking consumer education.

“The increasingly complex landscape of online fraud and scam-related crimes necessitates a more holistic, agile and strategically coordinated response. In this regard, the implementation of the PB Scam Rangers Programme, forged through the strong collaboration between the Royal Malaysia Police and Public Bank Berhad, stands as a testament to the power of strategic partnerships. Guided by the principle of "Two Teams, One Mission", this initiative underscores that protecting the public from the menace of scams cannot rest solely on the shoulders of law enforcement. Instead, it calls for a whole-of-society approach, involving the banking industry, relevant stakeholders and the community at large in a concerted effort to strengthen resilience against financial crime.”

 – YDH IG Tan Sri Dato’ Seri Hj. Mohd Khalid Bin Hj. Ismail, Inspector General of Police, Royal Malaysia Police

“Public Bank has always placed the interests and security of our customers at the heart of everything we do. With PB Scam Ranger 2.0, we are taking our commitment further, leveraging our partnership with the Royal Malaysia Police to build a more vigilant, better-informed community. Financial security is a cornerstone of national well-being and we will continue to invest in initiatives that make every Malaysian more resilient against fraud.”

– Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director and Chief Executive Officer, Public Bank

The urgency of this collaboration is reinforced by alarming data from the Royal Malaysia Police. Online financial crime in Malaysia has surged dramatically over recent years, with total reported cases nearly doubling from 35,368 in 2024 to 66,204 in 2025 – an increase of 87%. Financial losses followed suit, rising from RM1.57 billion in 2024 to RM2.97 billion in 2025. In the first four months of 2026 alone, 22,921 cases were reported, with losses already reaching RM679.96 million, placing the country on a trajectory that demands immediate and sustained intervention.

Fraudulent investments remain the single most damaging category, accounting for RM1.47 billion in losses in 2025 alone. Telecommunication scams represent the highest volume of cases, while e-financial fraud cases more than tripled, surging by 185% from 1,812 cases in 2024 to 5,159 cases in 2025. The data, sourced from the Royal Malaysia Police, paints a clear picture: scam syndicates are becoming more sophisticated, more targeted and more innovative in scam tactics.

Since its introduction in June 2024, PB Scam Ranger has evolved into Public Bank's flagship anti-scam platform, focusing on scam awareness, prevention, education, and collaboration. Through strategic engagements with customers, communities, educational institutions, regulators, and enforcement agencies such as Bank Negara Malaysia, Royal Malaysia Police and Lembaga Hasil Dalam Negeri Malaysia, the PB Scam Ranger has played an important role in strengthening scam literacy and promoting safer banking practices nationwide.

Across 2025 and 2026, the PB Scam Ranger conducted more than 90 roadshows and awareness programmes nationwide, reaching thousands of Malaysians through public events, university engagements, investment seminars, webinars and community outreach activities. These initiatives have provided members of the public with greater awareness of emerging scam tactics, preventive measures and reporting channels.

A key enhancement to the PB Scam Ranger is the establishment of a dedicated Scam Advisory Team to support branch personnel in handling suspicious and high-risk transactions. The team works closely with frontline officers. When customers visit branches to perform transactions that exhibit potential scam indicators, they provide timely guidance and intervention before funds are transferred.

Recognised as Public Bank’s Frontline Heroes against scams, our branch officers are well-trained to identify scam red flags, engage customers effectively and intervene when suspicious transactions are detected.

Since 2025, the Bank has successfully prevented more than 50 customers from falling victim to scams, safeguarding approximately RM 19.4 million in potential losses. Working hand in hand with Royal Malaysia Police, these intervention efforts have protected customers from significant financial losses, demonstrating the importance of collaboration between frontline banking personnel and law enforcement agencies in safeguarding the public.

In addition to awareness and intervention initiatives, Public Bank continues to strengthen its fraud risk management framework through proactive mule account detection. As at May 2026, approximately over 1.7 million Public Bank customers, or 5.1 million transactions totalling about RM2.24 billion were prevented from falling into fraudsters' mule accounts.

On top of that, since the introduction of the transaction cooling-off period, over 800 Public Bank customers' transactions valued at approximately RM 5.8 million have been protected from scam activities.

By combining the strengths of Public Bank and Royal Malaysia Police under the banner of "Two Forces, One Mission," the initiative reflects a shared commitment to prevention, intervention, and enforcement in the fight against financial crime.

The fight against scams is a shared responsibility, and we must continue to strengthen and cultivate the culture of anti-scam awareness and vigilance across our society. Together, by leveraging technology, enhancing cooperation, and empowering consumers, we can foster a safer, more secure banking environment for everyone and make Public Bank the safest and most trusted bank for our customers.

From left: YDH CP Dato’ Rusdi bin Mohd Isa, Director of Commercial Crime Investigation Department, Royal Malaysia Police, YDH IG Tan Sri Dato’ Seri Hj. Mohd Khalid Bin Hj. Ismail, Inspector General of Police, Royal Malaysia Police, Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank, and Mr Lai Wan, Chairman of Public Bank, during the official act of launch

 Recipients of the Certificate of Appreciation to 20 Royal Malaysia Police officers who successfully combatted scam cases in collaboration with Public Bank

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FOR IMMEDIATE RELEASE

8 June 2026

Public Bank Marks Diamond Jubilee with First Wave of Winners as Customers Drive Home Proton e.MAS 7

Public Bank marked a milestone moment in its 60th Diamond Jubilee campaign today, presenting three Proton e.MAS 7 to the inaugural winners of its PB 60th Diamond Jubilee Celebration Campaign at a prize presentation ceremony at Menara Public Bank. The event was graced by the Non-Independent Non-Executive Director of Public Bank, Ms. Teh Li Shian Diona, and Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank, underscores the Bank's commitment to rewarding loyal customers as it commemorates six decades of banking excellence. Together, they presented three highly coveted Proton e.MAS 7 to the campaign’s first trio of lucky quarterly winners. The three lucky winners that were customers from Ampang, Jalan Ipoh and Sungai Nibong branches.

“This is more than a campaign, it is our heartfelt tribute to the millions of customers who have placed their trust in Public Bank for 60 years. We are thrilled to celebrate this Diamond Jubilee by giving back in a truly meaningful way, and today is just the beginning,” said Tan Sri Dato’ Sri (Dr) Tay Ah Lek.

Launched in conjunction with Public Bank's 60th anniversary, the PB 60th Diamond Jubilee Celebration Campaign runs until 31 December 2026 and offers customers unprecedented rewards across four quarters. Participants earn Diamond Entries through eligible products and services, which accumulate toward both Quarterly Prizes and a spectacular Bonanza Prize draw at the end of the campaign.

The excitement continues to grow with each quarter, as the number of Proton e.MAS 7 EVs on offer steadily increase, from six vehicles in Q2 to nine in Q3 and twelve in Q4. On top of the electric vehicles, every quarter also features 120 cash rewards of RM1,600 each, along with guaranteed rewards of up to RM6,000, ensuring that thousands of customers stand to benefit right through to year-end.

Customers who accumulate Diamond Entries throughout the campaign period will be in the running for a spectacular year-end Grand Prize pool headlined by three BMW i5 luxury electric sedans. Beyond the Grand Prize, 30 First Prize winners will each drive home a Proton e.MAS 7 EV, while cash rewards of RM26,000, RM16,000 and RM6,000 are up for grabs for Second, Third and Consolation Prize winners respectively, with a combined 190 cash prize winners in total.

The PB 60th Diamond Jubilee Celebration Campaign remains open to both existing and new Public Bank customers until 31 December 2026. Customers can continue to accumulate Diamond Entries and stand a chance to win in Q2, Q3, Q4 quarterly draws as well as the Grand Prize finale.

For more information on the campaign details and the full list of amazing prizes, customers may visit the official campaign website at www.pbebank.com/60years.

From left: Son of Ms Yip, first quarter winner, Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director & Chief Executive Officer of Public Bank, Ms Teh Li Shian Diona, Non-Independent Non-Executive Director of Public Bank, and Ms Malini, first quarter winner

Happy smiles celebrating the first quarter winners of Proton e.MAS 7

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FOR IMMEDIATE RELEASE

29 May 2026

Appointment of Ms Teh Li Shian Diona as Non-Independent Non-Executive Director of Public Bank Berhad

Public Bank Berhad (“PBB” or “the Bank”) is pleased to announce the appointment of Ms Teh Li Shian Diona (“Ms Diona”) as Non-Independent Non-Executive Director of PBB with effect from 1 June 2026.

Ms Diona is the daughter of the late Founder and Chairman Emeritus of PBB, Tan Sri Dato’ Sri Dr. Teh Hong Piow, whose visionary leadership, entrepreneurial spirit and unwavering commitment to excellence laid the foundation for the Bank’s enduring growth and success over the past six decades and established a legacy that continues to guide the Group today.

Ms Diona brings with her valuable experience gained through her roles within international banking groups across various areas of the banking and financial services industry, including asset management. Her responsibilities have encompassed product development, strategic planning, regulatory and compliance oversight, customer experience management, and process improvement initiatives.

She holds a Master of Business Administration from Macquarie University, Sydney, Australia and a Bachelor of Business degree from Queensland University of Technology, Brisbane, Australia.

Ms Diona’s appointment reflects the continuation of Tan Sri Dato’ Sri Dr. Teh Hong Piow’s enduring values and legacy, as well as the Teh family’s long-standing support and commitment to PBB.

The appointment also reinforces PBB’s unwavering commitment to the principles that have underpinned the Group’s sustained growth and long-term success, as well as its focus on stewardship and sustainable long-term value creation for all its stakeholders.

Ms Teh Li Shian Diona

Non-Independent Non-Executive Director of Public Bank Berhad

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FOR IMMEDIATE RELEASE

14 May 2026

Pre-Tax Profit of RM2.32 Billion for the First Quarter of 2026; Strong Commitment to Fully Support Customers Affected by the Middle East Conflict

For the first quarter ended 31 March 2026, the Public Bank Group reported a pre-tax profit of RM2.32 billion and net profit attributable to shareholders of RM1.75 billion, increasing by 0.1% and 0.4% respectively as compared with the corresponding quarter in 2025.

Profit was supported by continued expansion in the loan and deposit portfolios, which grew at annualised growth rate of 5.7% and 5.3% respectively, complemented by non-interest and non-financing income, which grew by 3.7%.

The Group continued to maintain sound asset quality with a low gross impaired loans ratio of 0.51%. Domestically, the gross impaired loans ratio was lower at 0.35%, which was significantly better than the industry’s impaired loans ratio of 1.40%. Loan provisions remained prudently managed, with the loan loss coverage ratio standing at 147.0% and at 251.2% taking into account regulatory reserves.

Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director & Chief Executive Officer of Public Bank commented, “The Public Bank Group’s latest financial performance remained supported by its strong fundamentals. Asset quality stayed resilient and the balance sheet remained solid, underpinned by strong capital and liquidity positions. The Group continued to sustain its leading position in the domestic banking industry, with a commendable net return on equity of 12.0%, most efficient cost-income ratio of 35.5% and best asset quality with gross impaired loans ratio of 0.51%.”

Loans and Deposits Businesses

The Public Bank Group posted total loans of RM452.1 billion as at the end of March 2026, with 5.7% annualised loan growth for the first quarter of 2026.

On the domestic front, loans grew by an annualised rate of 6.3% to RM427.7 billion. The Group maintained its strong presence in key retail consumer and SME financing segments. Domestic SME financing, residential properties financing and hire purchase financing achieved annualised growth of 11.2%, 4.4% and 8.4% respectively. These key segments continued to command strong leading market shares of 19.0%, 20.1% and 33.1% respectively.

On the funding side, total customer deposits grew in line with loan growth, registering an annualised growth rate of 5.3% to RM453.1 billion. Meanwhile, the Public Bank Group’s domestic customer deposits increased at an annualised growth rate of 5.1% to RM424.4 billion, led mainly by core deposits and money market deposits.

Non-interest and Non-financing Income

The Public Bank Group posted non-interest and non-financing income of RM825.9 million for the first three months of 2026, an increase of 3.7% as compared with the corresponding period last year, mainly due to higher income from unit trust, general insurance business and bancassurance.

Public Mutual, a wholly-owned unit trust company of the Public Bank Group, generated a first quarter pre-tax profit of RM216.5 million. This represents a growth of 4.1% as compared with the previous corresponding period and constituted 9.3% of the Group's pre-tax profit. Supporting this performance was its market-leading position, with a retail market share of 43.2% in the domestic retail private unit trust industry (excluding money market funds) and RM103.8 billion in net asset value of funds under management across 185 unit trust funds as at end-March 2026.

Capital and Funding Position

The Public Bank Group’s capital position remained well-capitalised with Common Equity Tier 1 capital ratio, Tier 1 capital ratio, and total capital ratio standing at 13.7%, 13.7% and 16.4% respectively, as at the end of March 2026. This has not taken into account the potential surplus of 1% arising from the Basel III reforms. The Group plans to return the available surplus to shareholders in the next three years.

On liquidity, the Group’s deposit franchise continued to support a healthy liquidity and funding position, as reflected by the gross loan-to-fund and equity ratio of 84.2% as at end-March 2026.

Strong Commitment to Fully Support Customers Affected by the Middle East Conflict

With the ongoing Middle East conflict, the Public Bank Group is cognisant of its potential impact on people and the economy. In light of the unprecedented headwind, the Group is mindful that individuals and businesses may face difficulties in their loan and financing repayment.

Tan Sri Tay said, “Public Bank is strongly committed to offering assistance to customers who have been affected by the conflict. The Bank has been closely monitoring the latest development and is ready to fully support customer needs.”

Group’s Prospects

For year 2026, global economic growth is expected to remain uneven across regions amidst significant headwinds. Risks are tilted to the downside, arising from uncertainty over trade tariffs, geopolitical tensions in the Middle East and concerns over financial market valuations. However, supportive macro policies as well as ongoing investments in technology and digitalisation will continue to underpin global economic growth.

On the domestic front, while external headwinds will remain a challenge for the Malaysian economy, growth is likely to remain on a positive trajectory, albeit at a more moderate pace. Resilient domestic demand, ongoing investment expansion, stable external demand and tourism activity will continue to support the domestic economy.

“Against this backdrop, the Public Bank Group is in a strong position to weather the challenges, leveraging its long-standing solid fundamentals and prudent management. Nonetheless, as the Group stays vigilant, it will remain agile and forward-looking in pursuit of synergistic business growth.” Tan Sri Tay concluded. 

Tan Sri Dato’ Sri (Dr) Tay Ah Lek

Managing Director & Chief Executive Officer

Public Bank

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FOR IMMEDIATE RELEASE

5 May 2026

Public Bank’s 60^th Annual General Meeting Held on 5 May 2026

In conjunction with Public Bank’s 60th Annual General Meeting held on 5 May 2026, the Managing Director & Chief Executive Officer, Tan Sri Dato’ Sri (Dr) Tay Ah Lek is pleased to present a review of the Public Bank Group’s performance in 2025 and the Group’s strategic direction.

Performance Review for 2025

Tan Sri Tay said, “The Public Bank Group achieved commendable financial result in 2025. Pre-tax profit grew by 6.8% to RM9.54 billion, surpassing the RM9 billion mark for the first time. The Group’s net profit also increased by 1.1% to RM7.22 billion in 2025. The Group’s profit performance in 2025 was mainly driven by healthy growth in loans and deposits as well as robust non-interest income growth. Non-interest income reported strong growth of 15.2%, driven mainly by general insurance income from the newly acquired LPI Group, as well as higher income generated from the wealth management business and investment income.”

The Public Bank Group’s total gross loans and financing grew by 5.1% to RM445.76 billion as at the end of 2025. The Group’s domestic loans grew by 5.9%, outperforming the domestic banking industry’s loans growth of 4.8%. The Group continued to be the No.1 lender of residential property, commercial property and hire purchase financing with market shares of 20.1%, 32.4% and 32.8% respectively. In the domestic SME financing, the Group remains the market leader with 18.7% market share.

The Public Bank Group’s customer deposits increased by 3.2% to RM447.11 billion as at the end of 2025. The Group’s domestic deposits grew by 3.8% in 2025, supported by core deposits and money market deposits growth.

Tan Sri Tay highlighted, “The Public Bank Group continued to outperform its banking peers in 2025. The Group sustained its leading position in the Malaysian banking industry with the highest net return on equity of 12.8%, surpassing the banking industry’s average net return on equity of 10.2%. The Group is the most cost efficient bank in Malaysia with a cost to income ratio of 34.9%, well below the banking industry’s cost to income ratio of 45.2%. Asset quality remained the best, with the Group’s gross impaired loans ratio of 0.51%, compared with the industry’s impaired loans ratio of 1.37%.”

The Public Bank Group’s unit trust management company, undertaken by Public Mutual, maintained its leading market share of 43.6% in the domestic retail private unit trust industry. In 2025, Public Mutual achieved pre-tax profit of RM850.6 million. Public Mutual’s total assets under management grew by 4.3% to RM106.35 billion as at the end of 2025, with 185 funds under its management.

The Public Bank Group’s loan loss coverage ratio stood at 149.9% as at the end of 2025. This was higher than the banking industry’s loan loss coverage ratio of 84.8%. Including regulatory reserves, the Group’s loan loss coverage ratio would be even higher at 248.7%. The Group’s capital position remained stable and healthy with Common Equity Tier 1 capital ratio of 13.9% and total capital ratio of 16.6% as at the end of 2025. The Group’s liquidity position also remained stable with average Liquidity Coverage Ratio of 127.7%, well above the regulatory requirement of 100%.

Tan Sri Tay said, “In view of the Public Bank Group’s resilient performance in 2025, a second interim dividend of 12 sen was paid in March 2026. Together with the first interim dividend of 10.5 sen paid in September 2025, shareholders have received a total dividend of 22.5 sen per share for 2025. This was higher than 21 sen paid in 2024. Total dividends paid amounted to RM4.37 billion, representing 60.5% of the Group’s net profit for 2025. The 22.5 sen dividend per share translates to a dividend yield of 5.0% based on Public Bank’s share price of RM4.54 as at the end of 2025.”

With total market capitalisation of RM92.20 billion today, Public Bank is the second largest company and the largest non-government linked company on Bursa Malaysia.

Strategies and Directions for 2026

Tan Sri Tay commented, “The Malaysian economy will continue to be anchored by domestic demand and supportive policies. Downside risks are expected to stem mainly from the ongoing geopolitical tensions and may adversely affect global financial markets.

The Public Bank Group is mindful of potential challenges and will focus on business growth while managing risks effectively. The Group continues to prioritise prudent credit risk management and uphold strong corporate governance as well as risk management practices to safeguard balance sheet quality and shareholder value.”

In 2025, the Public Bank Group took advantage of market opportunities to boost its non-interest income. The Group scaled up its unit trust and bancassurance business as well as launched a series of structured products and enhanced its gold investment offering to cater to evolving customer demand. The Group will continue to pursue new opportunities to drive higher non-interest income.

Tan Sri Tay highlighted, “Digitalisation remains a key driver of growth. The Public Bank Group continues to leverage on digital innovation to refine its digital offerings, streamline operational processes and enhance productivity. A key priority is using new technology to safeguard customer data in the digital space.”

The Public Bank Group further enhanced its digital banking platforms, offering convenient access via more intuitive interface and providing a seamless end-to-end banking experience to customers. During the year, the Group introduced the newly revamped online banking MyPB Web and MyPB App with enhanced features.

MyPB Web and MyPB App banking channels recorded high user growth in 2025. Total active users on MyPB Web and MyPB App increased by 7.6% and 4.1% respectively. The number of mobile banking transactions recorded a strong increase of 52.3%, supported by higher adoption of mobile banking. The Public Bank Group’s corporate online banking, the PB enterprise, also reported healthy growth. In 2025, total users of PB enterprise grew by 13.6%, while the number of transactions increased by 13.3%.

The Public Bank Group is fully committed to safeguard financial security. The Group further strengthened its cyber resilience through comprehensive information technology risk management. To mitigate fraud risk, the Group proactively strengthens security measures and protocols, while actively engages in customer education. Measures such as cooling-off periods, kill-switches and secure authentication features have been incorporated across various online banking channels.

In 2025, the Public Bank Group’s mobile team of cybersecurity experts, the PB Scam Rangers continue to actively educate the public on the latest financial scams. The Group has also rolled out webinars and taken part in nationwide roadshows with various stakeholders to further increase the reach of its scam prevention initiatives.

Tan Sri Tay highlighted, “The Public Bank Group’s comprehensive efforts in fraud prevention have protected over 1.6 million customers and prevented about RM2 billion from being fraudulently transferred as at March 2026.”

The Public Bank Group remains highly committed and supportive of the national sustainability agenda. As part of the Group’s sustainability agenda and for customers’ transition to a low carbon economy, the Group actively promotes financial products and services which integrate ESG considerations.

The Public Bank Group has set a goal to achieve Carbon Neutral in Scope 1 and Scope 2 by 2030 and Net Zero by 2050. In 2025, the Group continues to step up efforts under its Decarbonisation Plan, implement measures to reduce carbon emissions, expand sustainable financing and support customers to move towards a lower-carbon footprint.

• The Public Bank Group has mobilised over RM77 billion in sustainable finance and is on track to exceed its target of RM100 billion in sustainable finance by 2030.
• For affordable home financing, the Public Bank Group has mobilised over RM10 billion since 2020, benefitting more than 50,600 low-to-medium income earners. 
• Through inclusive finance, the Public Bank Group has improved the lives of over 1.8 million individuals since 2021, exceeding its target of 1.5 million individuals.
• In January 2025, the PB Sustain platform was launched to support the Public Bank Group’s customers’ sustainability journey.
• On the social front, the Public Bank Group has exceeded its cumulative target of 50,000 volunteer hours since 2024.
• The Public Bank Group has also invested about RM9.6 million on community initiatives since 2023.
• The Public Bank Group has completed over 40% solar installations at branch premises owned by the Bank.

Tan Sri Tay concluded, “2026 is a very special year for us as it is the Public Bank Group’s 60th anniversary celebration. This milestone highlights the Group’s 60 years of banking excellence. The Group’s resilience and sustainable growth remain supported by strong business foundation established by our late founder, Tan Sri Dato’ Sri (Dr) Teh Hong Piow. The Group will continue to navigate business uncertainties and is confident in its ability to compete in a fluid business environment. The Group will remain steadfast in its core principles of prudence and integrity ‒ which will continue to guide its journey ahead.”

Managing Director & Chief Executive Officer of Public Bank, Tan Sri Dato' Sri (Dr) Tay Ah Lek, Special Guest, Ms. Teh Li Shian Diona, Chairman of Public Bank, Mr. Lai Wan and Board of Directors of Public Bank Group

Tan Sri Dato' Sri (Dr) Tay Ah Lek presenting the financial results of 2025 during the Public Bank 60th Annual General Meeting

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FOR IMMEDIATE RELEASE

9 April 2026

Public Bank Extends Loan Repayment Assistance to Customers Affected by Ongoing Global Uncertainties and The Middle East Conflict

Public Bank and Public Islamic Bank (collectively “Public Bank” or “the Bank”) are extending repayment assistance to loan and financing customers who have been affected by the ongoing uncertainties in the Middle East.

Public Bank’s Managing Director and Chief Executive Officer, Tan Sri Dato’ Sri (Dr) Tay Ah Lek said, “In light of ongoing uncertainties, the Bank acknowledges that financial challenges may impact individuals and businesses in various ways over time. As such, Public Bank remains focused on engaging closely with its customers to better understand their needs and extend suitable support.”

Affected customers can request for rescheduling/restructuring arrangement for loan/financing. This repayment assistance is applicable to loan and financing facilities for individual customers and affected businesses.

Customers who wish to apply for the repayment relief or require any further information may visit our Public Bank branches or contact the Bank’s general line at 03-21708000. 

Tan Sri Dato’ Sri (Dr) Tay Ah Lek Managing Director & Chief Executive Officer Public Bank

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FOR IMMEDIATE RELEASE

25 February 2026

Public Bank Group Achieved Pre-Tax Profit of RM9.54 Billion for 2025 and Declared 12.0 Sen Second Interim Dividend

For the 2025 financial year, the Public Bank Group recorded a pre-tax profit of RM9.54 billion. This represented a growth of 6.8%, as compared with RM8.93 billion achieved in 2024. Net profit attributable to shareholders grew by 1.1% to RM7.22 billion, sustaining a net return on equity of 12.8% for 2025.

Total revenue expanded by 8.5%, underpinned by healthy growth in loan and deposit businesses, further complemented by a robust growth of 15.2% in non-interest and non-financing income.

Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director & Chief Executive Officer of Public Bank commented, “The Public Bank Group achieved yet another milestone in financial results in 2025, with pre-tax profit surpassing the RM9.0 billion mark for the first time. Amid a dynamic business environment, the Group remained focused on its core financing and deposit businesses, while enhancing its comprehensive range of wealth management solutions to meet evolving customer demand. In addition, the acquisition of the 44.15% stake in LPI Capital Bhd further strengthened the Group’s income stream and contributed to the Group’s profitability.”

Prudent cost management yielded an efficient cost-to-income ratio of 34.9%, which is significantly better than the banking industry’s cost-to-income ratio of 45.2%. With strong credit risk management and a resilient loan portfolio, asset quality remained sound, with a low and stable gross impaired loans ratio of 0.5%.

Tan Sri Tay highlighted, “Reflecting the Group’s resilient performance and commitment to sustainable value creation, the Board of Directors has declared a second interim dividend of 12.0 sen per share. Coupled with the first interim dividend of 10.5 sen per share declared in August 2025, the total dividend for 2025 amounted to 22.5 sen. This represents a total payout of RM4.37 billion or 60.5% of the Group’s net profit for 2025, in line with the Group’s full-year dividend payout target.” The second interim dividend is scheduled for payment on 26 March 2026, with a dividend entitlement date on 12 March 2026.

Loan and Deposit Businesses

In 2025, Public Bank Group’s lending portfolios remained on a commendable growth trajectory, increasing by 5.1% to RM445.8 billion.

Domestic loan portfolios expanded strongly by 5.9% to RM421.0 billion, outperforming the Malaysian banking industry's loan growth of 4.8%. This was mainly driven by the Group’s core financing in the retail and SME segments.

Domestic residential properties financing increased by 5.8% to RM180.3 billion. Hire purchase financing posted a strong growth of 10.1% to RM80.5 billion, whilst SME financing also grew strongly by 10.6% to RM79.6 billion.

As a result, the Group continued to sustain its leading position in the domestic residential property financing, hire purchase financing and SME financing, with strong market shares of 20.1%, 32.8%, and 18.7% respectively.

The Public Bank Group also continued to sustain its strong asset quality, with the gross impaired loans ratio standing at 0.5% as compared to the domestic banking industry’s gross impaired loans ratio of 1.4%. The Group also continued to maintain a prudent loan loss coverage ratio of 149.9%, which is higher than the domestic banking industry’s loan loss coverage ratio of 84.8%.

The Public Bank Group’s total customer deposits stood at RM447.1 billion as at the end of December 2025, representing a 3.2% growth from 2024. On the domestic front, total deposits grew by 3.8% to RM419.0 billion, supported by core deposits and money market deposits.

Non-interest and Non-financing

Income On non-interest and non-financing income, the Public Bank Group recorded a strong growth of 15.2% to RM3.39 billion in 2025, mainly contributed by unit trust business and investment income, further complemented by general insurance income from the newly acquired LPI Capital Bhd.

Public Mutual, a unit trust company wholly-owned by the Public Bank Group, generated pre-tax profit of RM850.6 million in 2025, contributing 8.9% to the Group's pre-tax profit. Public Mutual continued to capture a leading retail market share of 43.6% in the domestic retail private unit trust industry (excluding money market funds). The net asset value of funds under management further increased to RM106.3 billion, with 185 unit trust funds being managed.

Overseas Operations

The Public Bank Group’s overseas operations recorded a pre-tax profit of RM452.7 million in 2025, rebounding from a pre-tax loss of RM130.8 million in 2024.

Following a challenging year in 2024, Public Financial Holdings Limited in Hong Kong delivered a strong recovery in 2025, reporting pre-tax profit of RM65.4 million.

The Cambodian Public Bank Plc and Public Bank Vietnam Ltd posted pre-tax profit of RM296.3 million and RM51.3 million respectively.

Capital and Funding Position

The Public Bank Group’s capital position remained well-capitalised in 2025, with Common Equity Tier 1 capital ratio, Tier 1 capital ratio and total capital ratio standing at 13.9%, 13.9%, and 16.6% respectively.

The Public Bank Group’s strong deposit franchise continued to support a healthy funding position, as reflected in its gross loan-to-fund and equity ratio of 84.1% as at end-December 2025.

Sustainability Progress

The Public Bank Group continued to advance its sustainability agenda across environmental, social and governance priorities.

Since 2020, the Group has cumulatively mobilised over RM77 billion in sustainable finance, and is on track to exceed its target of RM100 billion in sustainable finance by 2030.

As at December 2025, over 40% of the branch premises owned by the Bank in Malaysia are equipped with solar panels, delivering a total installed generation capacity of 2,766 kWp and accelerating the Group’s commitment to achieving Carbon Neutral position for Scope 1 and Scope 2 by 2030, and Net Zero Carbon by 2050. On the social front, the Public Bank Group surpassed its cumulative target of 50,000 volunteer hours since 2024 and improved the lives of over 1.8 million individuals since 2021 through financing activities, exceeding its target of 1.5 million individuals. The Group also sustained its financial inclusion efforts, with more than RM10 billion mobilised in affordable home financing since 2020, benefitting over 50,600 low to medium income earners. Additionally, about RM9.6 million has been invested in community initiatives since 2023.

In 2025, the Public Bank Group also launched the PB Sustain, which serves as a centralised platform to support customers’ sustainability journey. The PB Sustain provides information such as sustainability capacity building, sustainable finance products and sustainability impact calculators.

Looking ahead, the Public Bank Group will continue to strengthen collaboration with its clients to advance their decarbonisation journeys, aligning financing decisions with Malaysia’s broader transition goals and the Group’s long-term ambition to achieve Carbon Neutral position (Scope 1 and Scope 2) by 2030 and Net Zero Carbon by 2050.

Group’s Prospects

Going forward, Malaysia’s economy is likely to remain relatively stable in 2026 despite external headwinds, largely supported by domestic demand. Private sector expenditure will remain the key driver of economic growth. The implementation of strategic projects, such as the New Industrial Masterplan 2030 and 13th Malaysia Plan are expected to continue supporting investment activities in the country.

Supported by ample liquidity and healthy capital buffers, the domestic banking sector is expected to remain resilient. Growth prospects for the banking sector remain intact amidst continued economic growth.

“2026 is a milestone year for the Public Bank Group as it enters into its 60th Anniversary Diamond Jubilee. Built on its six decades of strong foundation and trust, the Group will continue to embrace challenges and opportunities with resilience, striving for continued milestone achievements in the decades ahead. The Group is committed to continue delivering sustainable value for its stakeholders, as it forges the path forward.” concluded Tan Sri Tay. 

Tan Sri Dato’ Sri Dr. Tay Ah Lek

Managing Director and Chief Executive Officer

Public Bank

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FOR IMMEDIATE RELEASE

 28 January 2026

Public Bank Offers Exquisite Limited Edition Gifts “Bringing golden fortune and golden gifts to light up your day”

In conjunction with the forthcoming Chinese New Year Celebration, Public Bank is pleased to launch the “PB Golden Fortune 2026 Campaign” which is open to all new and existing individual Public Bank customers. The Campaign offer period is from 1 January 2026 to 31 March 2026.

Two exquisite limited edition auspicious gifts consisting of “24K Gold-Plated Glorious Twin Stallions” and “24K Gold-Plated Soaring Golden Stallion” will be offered under the Campaign. Each gift represents an excellent piece of gold craft that symbolises prosperity and success. Both gifts are only available on first-come, first-served basis, while stock lasts.

Customers can participate in the Campaign with the purchase of Unit Trust Funds (UT) or Single Premium Insurance / Single Contribution Takaful products and at the same time place deposit in selected Current / Savings Accounts in order to get the exclusive gift(s). PB Golden Fortune 2026 Campaign is designed for customers who are looking for a diversified investment portfolio. Customers can choose from a vast selection of UT that cater to various investment strategies and risk tolerance levels in accordance with their risk appetite in order to achieve their financial goals. Customers can also purchase Single Premium Investment-Linked Insurance Plan or Shariah-Compliant Single Contribution Investment-Linked Takaful Plan that provides insurance coverage / Takaful protection upon death or Total and Permanent Disability (TPD) and investment returns.

To find out more about Public Bank campaigns, customers are welcomed to visit any of our PBB branches or visit PBB website. Terms and conditions apply.

PB Golden Fortune 2026

24k Gold-Plated Glorious Twin Stallions

24k Gold-Plated Soaring Golden Stallion

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FOR IMMEDIATE RELEASE

26 January 2026

Public Bank Celebrates 60 Years of Diamond Jubilee with a Historic Sky-High Celebration

On 26 January 2026, Public Bank marked its Diamond Jubilee in truly spectacular style, celebrating 60 years of progress and purpose with a celebration that quite literally soared to new heights. Anchored on the theme “Growth and Trust,” the milestone honoured the Bank’s evolution into one of Malaysia’s most enduring financial institutions, built on six decades of unwavering customer confidence and shared success.

Graced by the honourable guest, Ms Teh Li Shian Diona, daughter of the Bank’s late founder, Tan Sri Dato’ Sri Dr. Teh Hong Piow, along with Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank, the members of the Board of Directors and Senior Management staff of Public Bank Group, the launch was more than a commemorative moment. It was a tribute to a 60-year partnership with millions of Malaysians and a reaffirmation of Public Bank’s enduring commitment to helping individuals, families and businesses grow, today and into the future.

Founded in 1966 by the late Tan Sri Dato’ Sri Dr. Teh Hong Piow, Public Bank has grown from a humble local Bank into one of Southeast Asia’s strongest financial institutions. Known for its prudent stewardship and customer-first philosophy, the Bank continues to set industry benchmarks in stability, profitability and innovation.

Public Bank officially launched its 60 Years Celebration with a breathtaking drone light show and projection mapping on its iconic headquarters, Menara Public Bank. This groundbreaking event marked Public Bank as the first Bank in the nation to stage a public celebration with drones and projection mapping technology, symbolising its commitment to innovation while honouring six decades of unwavering legacy.

The evening opened with Ms Teh Li Shian Diona, officiating Public Bank’s 60 Years Celebration, activating a specially built “60 Years” logo structure at the facade of Menara Public Bank, marking the Bank’s elevation into its Diamond Jubilee milestone. The pivotal moment was immediately followed by a spectacular aerial showcase featuring a fleet of 600 synchronised drones, sponsored by Ms Teh Li Shian Diona, serving as a canvas to illustrate the Bank’s milestone. The display traced Public Bank’s six-decade journey and the enduring trust placed in the Bank by generations of customers. The display reached its crescendo as the drones intricately formed the face of the Bank’s late founder, Tan Sri Dato’ Sri Dr. Teh Hong Piow, before transforming into a majestic horse to herald the Year of the Horse. The night culminated in a defining moment with the unveiling of the Bank’s “60 Years” logo, as projection-mapped horses appeared to leap from Menara Public Bank, creating a breathtaking fusion of light, motion and legacy. Extending the experience beyond the skyline, the entire show was livestreamed on Public Bank’s official Facebook and YouTube channels, enhanced with immersive AR features that brought the celebration to life for audiences everywhere.

“This celebration signifies that while we are rooted in tradition, we are a Bank that is agile and ready to embrace the future. Our mission for the next decade is clear, to achieve greater heights, to drive sustainable growth, become the partners for the next generation of entrepreneurs, and continue setting the benchmark for banking stability and excellence in the region,” said Tan Sri Dato’ Sri (Dr) Tay Ah Lek, Managing Director and Chief Executive Officer of Public Bank.

To honour the 60-year milestone, Public Bank is pivoting the celebration toward its customers with the launch of the Public Bank 60th Diamond Jubilee Celebration Campaign. Under this campaign, customers stand to win an array of extraordinary prizes, including 60 units of the Proton e.MAS 7, 3 units of luxury Electric Vehicle (EV) cars as the Grand Prize, 6,000 units of limited edition PB Smart Watch, and over RM2,600,000 worth of cash rewards. That is not all, eligible customers can earn up to RM6,000 worth of guaranteed cash rewards by meeting the minimum campaign criteria. The initiative reflects the Bank’s commitment to sharing its success with the stakeholders who have made this Diamond Jubilee possible.

For more information on the campaign details and the full list of amazing prizes, customers are invited to visit the official campaign website at www.pbebank.com/60years.

As Public Bank looks beyond its Diamond Jubilee, the celebration serves not as a pinnacle, but a new beginning. The Bank remains committed to evolving into a more agile, digitally empowered institution, enhancing experiences while preserving the personal trust that has been its hallmark since 1966.

By harmonising innovation with integrity, Public Bank reaffirms its promise to remain a trusted financial partner for all Malaysians, shaping a more prosperous and resilient future for generations to come.

From left: Ms Teh Li Shian Diona, and Tan Sri Dato’ Sri (Dr) Tay Ah Lek during the launch

Marking Public Bank’s celebration of the Diamond Jubilee

A spectacular drone display symbolising 60 years of Growth and Trust

A sea of people, one historic milestone

Public Bank listed in the Malaysia Book of Records for Largest Projection Mapping on a Building

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