Public Bank plans six more branches in Vietnam

Tay Ah Lek, chief executive officer and managing director of Public Bank Bhd., speaks during the company's annual general meeting in Kuala Lumpur, Malaysia, on Monday, April 23, 2018.

PETALING JAYA: Public Bank Bhd, the country’s third-largest bank by asset, plans to open six more branches in Vietnam this year, in line with its aim to expand its footprint regionally.

By end-2018, the group’s wholly owned unit Public Bank Vietnam Ltd (PBVN) plans to raise its total number of branches in Vietnam to 19, according to Public Bank managing director and chief executive officer Tan Sri Tay Ah Lek.