Public Bank 2004 profit a record

Public Bank Bhd reported record profits and announced record dividends for its 2004 financial year, and expects 2005 to be another good year. 

“The strong economic conditions in Malaysia will continue to provide a supportive environment for growth in the banking system. Going forward, the group will further leverage on its strategic domestic network of 252 branches, its online channels and strong PB brand to continue to build on the momentum of its strong loan growth to improve earnings,'' said Public Bank chairman Tan Sri Teh Hong Piow in a statement yesterday.